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Government Official Updates Progress of India’s Cryptocurrency Law
4.8.2020
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Major Chinese Banks Bar Customers From Buying Gold, Precious Metals
1.8.2020
Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measures to curb gold trading to “protect investors.” Chinese Banks...
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
Chinese Arbitration Body Says Crypto Crackdown ‘Isn’t a Bitcoin Ban’
31.7.2020
Beijing’s local arbiter has attempted to clarify the government’s stance on bitcoin (BTC) – and stated that the world’s most notorious crypto ban is not exactly a “ban” per se.
In an unprecedented move from a Chinese legal body, the Beijing Arbitration Commission (BJAC) – one of nine local legal...
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Bitcoin Tops $11,000 Reigniting Interest in India
30.7.2020
A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...
Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices
29.7.2020
The Tuesday memo does not give a specific reason for the bitcoin mining ban but broadly cited security concerns
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
Crypto Entrepreneurs Sue Google, Facebook, Twitter Over Ad Ban
22.7.2020
Following the infamous crypto advertising ban by Google and its video-sharing site YouTube, Facebook, and Twitter, a law firm representing crypto entrepreneurs and investors who claim their business was hurt as a result of the ban are now taking the tech giants to court in Australia.
The news about...
Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads
20.7.2020
Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google...
Twitter Hack Special: $120K Stolen, FBI Investigate, Calls to Ban BTC — Hodler’s Digest, July 13–19
19.7.2020
Top celebrities, politicians and businesses are caught up in a “social engineering attack” on Twitter — with theories swirling around that it could have been an “inside job.”
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...
India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
17.7.2020
For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders
Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug
7.7.2020
Crypto firms received at least $30 million in government-backed loans, Brazil bans Binance's derivatives trading and Mercedes Benz' parent tests blockchain
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
7.7.2020
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned Tiktok in its country...
Brazil Eases WhatsApp Ban — But It’s Still Suspended
2.7.2020
Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch
Alt-Right Activist Stefan Molyneux Banned from Youtube, Raises $100K in Crypto Donations
2.7.2020
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on June 29, 2020. Stefan Molyneux is well known for his Youtube videos, podcasts, and books. His early Youtube videos describing...
Stefan Molyneux Gets $100K in Crypto Donations After YouTube Ban
1.7.2020
White supremacist Stefan Molyneux received roughly $100,000 in donations following the removal of his YouTube channel
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