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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Bitcoin Prize For Winners Of South Africa Mountain Bike Race
11.7.2020
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015....
Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran
29.6.2020
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India
Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval
27.6.2020
Indian banks are reluctant to work with crypto firms, even though RBI clears the air
The Big Thing Holding Back India’s Crypto Boom
22.6.2020
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Set to Grow, India’s Crypto Industry Must First Toil Tough Ground
8.6.2020
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way
Indian Banks Still Cryptophobic Despite No Banking Prohibition
31.5.2020
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
Smoke and Mirrors as Mainstream Banks Discourage Clients From Crypto
19.5.2020
A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away?
New Zealand’s Central Bank Is Hiring a Money Futurist
8.5.2020
New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency
New Zealand’s Central Bank Is Hiring a Money Futurist
8.5.2020
New Zealand’s central bank is looking for a Head of Money and Cash to focus "on the future of money” and be a "thought leader" for digital currency
Crypto Regulatory Clarity in India: The Missing Piece to Mass Adoption
8.5.2020
Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Indian Crypto Exchanges Seek Tax Clarity From Central Bank
4.5.2020
India’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation
Federal Reserve Index: The US Is Already in Recession
21.4.2020
The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the overall U.S. economic activity and inflationary pressure. It is a weighted average of 85 monthly indicators. Fed Index Suggests the US Already...
Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows
20.4.2020
The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last...
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
India Crypto Renaissance: Industry Sees Rebirth as RBI Crypto Ban Lifts
28.3.2020
From the renowned crypto VCs like Tim Draper to big-time exchanges like Binance — India’s crypto space is going through a post-ban rebirth
Tim Draper Wants to Invest in the Coming Crypto "Renaissance" in India
23.3.2020
Tim Draper believes that India’s crypto sector is on the edge of a “renaissance” following the Supreme Court’s reversal of the RBI ban