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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
The Indian Crypto Dream Finally Coming to an End, As Lower House Introduces Bill to Ban Crypto
25.7.2019
After a thousand speculations and several months of expectations, the Indian crypto dream is finally coming to a dead end. The Lok Sabha, the lower house of the Parliament has introduced a bill to ban cryptocurrencies, incorporating a prison term of up to 7 years. The bill, titled ‘Banning...
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
South Korean Financial Overseer Who Banned ICOs Abruptly Quits
23.7.2019
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
Drama of Indian Crypto Industry Continues as Inter-Ministerial Committee Proposed Complete Ban
23.7.2019
The drama surrounding the fate of the crypto industry in India continues to grow, as the inter-ministerial committee has now proposed a ban of crypto. While this doesn’t come as a complete shock, recent proceedings in the Parliament’s Upper House suggested that cryptocurrencies will soon be made...
Indian Panel Proposes Fines and Jail Time for Cryptocurrency Use
23.7.2019
The panel also encouraged some distributed ledger projects including a government-owned cryptocurrency
Crypto Bank FairX Shuts Down Citing Lack of Funds, Bleak Future
22.7.2019
FairX, a crypto bank that planned to run on the Stellar network, ran out of steam
Could Donald Trump Ban Bitcoin?
20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...
Tim Draper Calls Indian Leadership Corrupt and Pathetic For Proposed Ban on Bitcoin
18.7.2019
The community of crypto enthusiasts all over the world is aware of the tough stance the government of India has on crypto assets. This has aggravated even more after a draft bill asking for a complete ban on crypto was leaked online on 15th July and spread like wildfire on various social networks....
India To Ban All Digital Tokens, As Per Bill Leaked Online; McAfee Says It’s Impossible To Ban Crypto
17.7.2019
India has been one of the worst nightmares for the crypto industry. While the land has been generally supportive towards other technologies, it has been absolutely hostile towards decentralized currencies. Things were expected to get better after the intervention of the Supreme Court but have...
Can Donald Trump Ban Bitcoin and Cryptocurrencies?
15.7.2019
Source: Twitter, @realDonaldTrump
The President of the United States, Donald Trump, can theoretically go after Bitcoin and cryptocurrencies but in reality, such a ban is highly unlikely, according to a recent discussion in the cryptoland.
The discussion was sparked by the Trump’s tweetstorm where...
FCA Proposes A Complete Ban On Crypto Assets, Says Too Volatile For Small Investors
3.7.2019
Financial Conduct Authority, the financial markets regulators of the United Kingdom has suggested a ban on crypto assets, as they pose a big risk for small retail customers who fail to understand them. The suggestion comes days after Facebook unveiled Libra, a stablecoin to be launched in early...
UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives, ETNs
3.7.2019
The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors
British Regulator FCA Prepares a Potential Ban of Crypto CFDs for Retail Investors
2.7.2019
British financial watchdog, the FCA, will soon publish a consultation paper on a potential ban of crypto CFDs for retail investors
Russia Won’t Ban Facebook’s Libra Currency, Deputy Finance Minister Says
1.7.2019
The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said
Koinex Exchange Shuts Down Ahead of Crypto Regulation
28.6.2019
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...
Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
27.6.2019
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex
Indian Government Shed Light on Proposed Crypto Regulation
21.6.2019
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...