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Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation


Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to...

Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed


Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that...

New Draft Bill Wants to Imprison for Holding Crypto in India - Report


India is not showing any signs of loosening its limitations on digital tokens. This time, anybody who mines, holds, or sells cryptocurrencies might be punished with a jail term IF the new proposal is accepted, according to local media reports. Furthermore, India also might be planning to launch...

A Japanese-Brazilian Investor's Baffling Ukrainian Crypto Dream


Kaze Fuziyama (on the right). Kaze Fuziyama, a Brazilian cryptocurrency enthusiast of Japanese descent, has turned what was once planned as a USD 100 million Ethereum mining farm fitted with 17,000 video cards into a cloud video rendering center. Media outlet Liga reports that the farm is located...

RBI Denies Any Knowledge Of Cryptocurrency Draft Bill


In a reply given to Blockchain lawyer’s founder, Varun Sethi under the Right to Information (RTI) Act, India’s Central Bank, Reserve Bank of India (RBI) has said that it has no information regarding the cryptocurrency bill being on the anvil. The central bank also said that it doesn’t support...

India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies


India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...

New Cryptocurrency Bill Advances in Japan, Regulator Explains


Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. Also read: Indian...

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