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Indian Finance Minister Addresses Crypto Proposal – Industry Responds
31.7.2019
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...
China Publishes New Rankings of 37 Crypto Projects
31.7.2019
China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects...
Philippines’ Biggest Bank has Unveiled its Own Digital Currency
29.7.2019
According to the latest reports, one of the biggest banks in the Philippines, called the Union Bank of the Philippines Inc., has introduced its digital currency. Thus, the bank which is more commonly referred to as UnionBank has now become the nation’s first bank to have conducted transactions...
Is India Getting Ready for 40 Years of Reverse Gear by Banning Cryptocurrency?
29.7.2019
Cryptocurrency industry, despite in its nascent stage, is roaring like a lion around the world. The blockchain revolution has allured so many countries around which include the world-leading powers as well as the developing ones. Every now and then, newer innovations are taking place in...
Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms
28.7.2019
Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...
Primary version of Node monitoring tool announced by Lightning Network Dev
28.7.2019
Lightning Network Dev publicizes about the Alpha version of network monitoring tool on 26th July. An extra sheet of blockchain network protocol is designed to provide Bitcoin with fast transaction speed. With this, Bitcoin and other networks will have a new monitoring tool for the nodes....
Blockchain Firm BUIDL Introduces a New AML Tool
27.7.2019
BUIDL, the Japan-based blockchain firm, has introduced a new tool called SHIEDL for digital currency exchanges in the previous week. SHIEDL is an AML (anti-money laundering) as well as CFT (counter financing of terrorism) tool. The address risk analysis tool SHIEDL helps calculate a particular...
Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
The Indian Crypto Dream Finally Coming to an End, As Lower House Introduces Bill to Ban Crypto
25.7.2019
After a thousand speculations and several months of expectations, the Indian crypto dream is finally coming to a dead end. The Lok Sabha, the lower house of the Parliament has introduced a bill to ban cryptocurrencies, incorporating a prison term of up to 7 years. The bill, titled ‘Banning...
CoinBene Partners with MasterCard; Introduces First Card Which Integrates 100% Digital Currency
24.7.2019
There is no doubt that cryptocurrencies are experiencing steady adoption around the world. As more and more people are favoring it, the number of merchants who accept payments in crypto is also increasing every day. No wonder this has prompted companies to offer crypto-based debit cards. The latest...
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
New York Legislature Names Initial Members to Crypto Task Force
23.7.2019
The 6 named members of the state's Digital Currency Taskforce will assist in determining how to regulate, define, and use cryptocurrencies
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
Drama of Indian Crypto Industry Continues as Inter-Ministerial Committee Proposed Complete Ban
23.7.2019
The drama surrounding the fate of the crypto industry in India continues to grow, as the inter-ministerial committee has now proposed a ban of crypto. While this doesn’t come as a complete shock, recent proceedings in the Parliament’s Upper House suggested that cryptocurrencies will soon be made...
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
Why You Can’t Bet With Bitcoin at Online Casinos in the US
20.7.2019
Since the dawn of Bitcoin, the cryptocurrency landscape has seen a lot of digital currency gaming websites where users can wager their coins in games like poker, dice, blackjack and slots. Because public blockchains are transparent, the protocols have made online gaming provably fair. However...
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Crypto Not Prohibited In India, Confirms Minister Anurag Thakur
19.7.2019
It’s a moment of rejoicing for the crypto community in India, as after months of speculations and negative predictions, the government has finally confirmed that digital currencies are not prohibited in India. The Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur replied...
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...