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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:...

Apple’s No to Crypto as More Libra Partners Could Cave to Regulators


Apple has joined a fast-growing group of companies that are suddenly getting cold feet about all things cryptocurrency-related. The other crypto-cautious companies are reportedly some of Facebook’s biggest-name Libra partners: PayPal and Stripe, as well as Visa and Mastercard. Reuters reports that...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

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