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India: Supreme Court Gives Central Bank 2 Weeks to Justify Crypto Ban
21.8.2019
India’s supreme court chastises central bank over crypto ban
IAMAI Slams RBI for Banning Crypto in India, Says Central Bank has no Such Authority
17.8.2019
IAMAI or Internet and Mobile Association of India has slammed the move by the Reserve Bank of India (RBI) of releasing the circular directing banks to stop serving crypto companies, which literally killed many of them in the country. While arguing in the Supreme Court, the IAMAI counsel Ashim Sood...
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...
‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders
12.7.2019
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically...
Reserve Bank of India Developing Blockchain Banking Platform
28.6.2019
The Reserve Bank of India has announced that it is working on a blockchain platform for banking, which is scheduled to roll out some time within a year
Reserve Bank Of Australia Chief Skeptical Over Facebook’s Libra, Says Very Difficult To Take Off Down Under
23.6.2019
Libra’s tussle with regulatory authorities worldwide doesn’t seem to stop. This time the Chief of the Reserve Bank of Australia has openly criticized the token stating that it cannot overtake the country’s traditional digital banking. RBA Chief Philip Lowe stated that he is quite skeptical...
Facebook Has Not Applied for RBI Approval to Operate Libra in India: Report
20.6.2019
Facebook has reportedly not applied for approval in India for operating its upcoming cryptocurrency Libra project
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies
Gujarat Bitcoin Trader Commits Suicide, Blames Senior Cop And Brother In Suicide Note
20.5.2019
India is an emerging nation, which is known to wholeheartedly welcome innovative technology, but that hasn’t been the case with cryptocurrencies. The crypto industry has faced severe blows from regulatory authorities, resulting in unorganized crypto trade in the country. However, the news that came...
Australia Faces The Threat Of Unemployment
16.5.2019
The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely. This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...
Reserve Bank of India Urged to Reconsider Banning Crypto From Regulatory Sandbox
16.5.2019
Lobbying groups are urging the Reserve Bank of India to allow crypto-related products to be tested in its regulatory sandbox
Fintech Firms and Nasscom Want Crypto in Reserve Bank of India’s Regulatory Sandbox
16.5.2019
Cryptocurrencies are still not legal in India, but Fintech Firms and tech body Nasscom want the central bank of the country to include them in its regulatory sandbox. Over the past half a decade, cryptocurrencies have become one of the most popular investments for millions of people all over...
Facebook’s Stablecoin Gets A Mixed Response At The Testing Stage From India
13.5.2019
It has been almost a year that we have been listening about the Stablecoin of Facebook. The latest predictions say that the Stablecoin will get launched in Q3 of this year. Since last year, there has been some hiring going on for the blockchain team of the company. The team includes who’s who...