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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:...

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...

Mark Cuban Thinks Bitcoin as Less Useful Than Both Bananas and Baseball Cards


In the global financial ecosystem, cryptocurrencies especially Bitcoin has evolved as a lucrative yet controversial element that has brought the biggest names of the industry running after it. While Facebook’s leader Mark Zuckerberg is ready to replace Bitcoin with his stablecoin Libra, Jack Dorsey...

How to Create an Anonymous Digital Identity Using Cryptocurrency


If you could go back in time and do the internet all over again, what would you change? Would you think twice about joining Facebook, decline to upload those fancy dress photos from ‘09 and delete that rhetoric-laden blog post instead of hitting ‘Publish’? It’s too late...

10 Main Trends in Digital Assets this Year, Picked by 5 Crypto Experts


The Cryptoverse has certainly seen its fair share of trends over the years, both short and long-lasting. However, we wanted to find out from the industry’s experts what trends in digital assets they think are rocking the Cryptoworld this year. Cryptonews.com had a chance to talk with...

These Debit Cards Will Help You Spend Your BCH Anywhere


Cryptocurrencies like bitcoin cash are ideally suited to payments. While their popularity increases with growing awareness of the benefits of peer-to-peer electronic cash, mass adoption remains a long-term goal. In the meantime, some fintech products are helping to improve dramatically...

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...

How G20 Central Bank Digital Currencies Are Progressing


Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...

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