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Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
2.3.2021
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban...
NY Attorney General warns investors and crypto firms of 'extreme risks'
2.3.2021
New York Attorney General Letitia James has issued an investor alert against the "wild price swings and extreme risk" of crypto trading
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
Harvard Professor Kenneth Rogoff Warns Central Banks Will Never Allow Bitcoin to Go Mainstream
28.2.2021
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says that central banks won’t allow bitcoin and other cryptocurrencies to become mainstream. “Eventually over the long course of history, the government first regulates...
Moving beyond the crisis narrative: Crypto in a post-pandemic world
27.2.2021
Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next
What DeFi needs to do next to keep institutional players interested
27.2.2021
In order for DeFi to have access to institutional actors, it will need to adapt. But by adapting, it might lose some of its core tenets
Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited
27.2.2021
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary...
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
Blockchain and crypto will challenge current finance, Nigeria VP says
27.2.2021
Yemi Osinbajo sees potential for crypto and blockchain
China’s CBDC is about domestic dominance, not beating the dollar
26.2.2021
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground
FCA releases detailed 5-point plan to make UK a fintech powerhouse
26.2.2021
A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business
Belarus government explores potential move into crypto mining
26.2.2021
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining
Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says
26.2.2021
Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued
What Russian journalists can learn from Navalny's Bitcoin wallet
25.2.2021
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...
Thai SEC consults public on crypto investor income rules
25.2.2021
Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers
Fed chair says it's up to Congress to bring a digital dollar to market
24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency
All of the Federal Reserve's wire and ACH systems are down
24.2.2021
"A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed
India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee
24.2.2021
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh...
US Education Department promotes putting student records on blockchain
23.2.2021
A new government-funded challenge seeks blockchain-based solutions to simplify educational data sharing, but implementation could take time