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RBI Defends Its Power Over Crypto in Indian Supreme Court


The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...

Additional $34 Million Raises By World Bank’s Blockchain Bond


World Bank Blockchain bond has been making a mark in the industry for a long time. Moreover, it has managed to gain the confidence of the investors since the beginning. To no surprise, it has further raised $34 million in the industry. This money has been raised for the Kangaroo bond that is due...

Fiat Lite vs. Freedom Maximalist: The Two Types of Bitcoiner


As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention...

Philippines Increasingly Crypto Friendly – A Look at Driving Forces


There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...

IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear


If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank


On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...

Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks


The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...

Ron Paul Slams Fednow Payment System and Encourages Crypto Competition


Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...

Central Banks Worldwide Testing Their Own Digital Currencies


Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....

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