Search
Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges
26.1.2020
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that...
Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin
25.1.2020
Switzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track...
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
WEF Unveils Global Governance Consortium for Digital Currencies
24.1.2020
The WEF has unveiled a new consortium devoted to designing a global governance framework for digital currencies
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....
Japanese Officials Are Working on a Digital Currency
24.1.2020
In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen
Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models
24.1.2020
The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been...
MIT Research Group Calls Crypto a Testing Ground for a Central Bank Digital Asset
23.1.2020
The crypto space is a test tube of experimentation which may pave the way for a digital fiat asset, MIT’s crypto research group said
Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF
23.1.2020
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”
23.1.2020
Calibra’s David Marcus explained at WEF what is the primary purpose of digital currencies
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
World Economic Forum Debuts Framework for Central Bank Digital Currency
23.1.2020
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies
The Gambling Scene and Crypto Currency: Is there a solid link?
23.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
_________
To state that gambling is fluid is an understatement. We started from the back room of a bar, moved to land-based casino, to an online market open for all. With the change in scenery,...
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
Davos: Giancarlo’s Digital Dollar Project Will Focus on Benefits of a US CBDC
22.1.2020
Ex-CFTC chairman J. Christopher Giancarlo confirms in Davos that the Digital Dollar project will focus on a U.S. central bank digital currency
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
22.1.2020
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
Six Central Banks Form Alliance to Pursue Research on Digital Currency
22.1.2020
Six leading banks belonging to the Central Bank group have formed an alliance to work together to assess the potential for central bank digital currency (CBDC) in their respective jurisdictions. These banks include the Bank of England, Bank of Canada, Bank of Japan, European Central Bank, Sveriges...
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...