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Indian Supreme Court Postpones Crypto Case to November


The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

Chinese Bitcoin Miners Migrate North After Wet Season


A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...

United Nations Agency Unicef Launches Cryptocurrency Fund


Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....

Indian Supreme Court Sets Date to Hear Crypto Case Next Week


The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. Also read:...

Bank Raided, Arrests Made but RBI Still Restricts Withdrawals


The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...

What Ban? Bithumb Eyes India for Expansion + 11 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Cryptocurrency exchange news South Korea’s major crypto exchange Bithumb is hoping to launch an exchange in India, per a report...

RBI Ban Stops Indian Police From Cashing Out Seized Crypto


The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...

Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash


Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...

New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals


Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit


The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

CoinShares Urges Customers to Support the Crypto ETNs Against the UK Ban


CoinShares, a UK-based digital asset management company that offers financial services and products to professional investors has urged its consumers to come forward in support of crypto ETNs (Exchange-traded Notes) against the proposed ban on it by the FCA (Financial Conduct Authority) of...

Indian Parliament Member Helping Crypto Community Influence Regulation


The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to...

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