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What Effect Could an Indian Ban Have on the Global Crypto Industry?
3.8.2019
With a number of Indian crypto-exchanges having closed down in the midst of an already harsh environment for cryptocurrency, it would seem that the introduction of a cryptocurrency ban is now almost inevitable in India.
But while there's little doubt that this would be a massive blow for Indian...
US Lawmakers Begin to Realize that They Cannot Ban Bitcoin
31.7.2019
Ever since its inception, Bitcoin (BTC) has divided the people into its supporters and opponents. In fact, there are many out there who want it to be completely banned, especially the regulators and the critics of the cryptocurrency. But is it practically possible to impose a ban on Bitcoin?...
2,700 Indian Companies Stood Against Proposed Crypto Ban
31.7.2019
An association of Indian technology companies wants the government to rethink a potential ban on cryptocurrencies – and choose a path of regulation instead of a China-style blanket ban.
The National Association of Software and Services Companies (NASSCOM) said that a proposed ban...
Indian Finance Minister Addresses Crypto Proposal – Industry Responds
31.7.2019
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Senator Admits U.S. Can't Ban Bitcoin, Crypto Market Goes Up
30.7.2019
The crypto market corrected higher following a hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” at the U.S. Senate Banking, Housing, and Urban Affairs Committee today.
At pixel time (16:33 UTC), bitcoin trades at c. USD 9,697 and is up by 1% in the past...
Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
Hey, Gov’t Officials! Do You Still Think You Can Ban Bitcoin?
28.7.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
_____________
Dear government official,
If you’re a member of Congress...
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...