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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’


Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where...

EU Finance Ministers Place Defacto Ban on Libra


Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...

Central Bank of Russia Plans to Support Ban on Cryptocurrency Payments


Since their inception, cryptocurrencies have borne their share of critical ups and downs in the global economy. Where the digital currency arena is witnessing an inclination from the biggies of the industrial domain, there has been a sense of growing resistance from the regulatory authorities....

Is Russia Set to Ban Bitcoin Pay?


Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...

Binance Ignores Crypto Ban Plan in India Also, Acquires WazirX


Binance has become another major crypto exchange that is investing in India despite the local government said it's considering a total cryptocurrency ban in the country. After South Korea’s major crypto exchange Bithumb said in October that is hoping to launch an exchange in India, Binance moved...

Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial


The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...

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