カテゴリー: ban

Indian Government Expects to Finalize Cryptocurrency Bill Next Month

Indian Government Expects to Finalize Cryptocurrency Bill Next MonthThe Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be discussed by the inter-ministerial committee by next month. Also read: Yahoo! Japan Confirms Entrance Into […]

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports […]

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Cryptogem Global Defies Zimbabwe’s Central Bank with New P2P Bitcoin Exchange

Cryptogem Global, a new peer-to-peer bitcoin (BTC) exchange, has opened in Harare in defiance of the Reserve Bank of Zimbabwe’s ban on cryptocurrencies. The decentralized platform allows Zimbabweans to buy and sell BTC without the need for intermediaries such as legacy financial institutions. Also Read: French Lawmakers to Lower Cryptocurrency Tax by 6 Percent A Globalized Cryptocurrency Exchange “Cryptogem Global is a […]

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UK Government Moots Ban on Cryptocurrency Derivatives

Report: U.K. Government Moots Ban on Cryptocurrency DerivativesThe U.K. government is considering a ban on cryptocurrency-linked derivative products. The Financial Conduct Authority said in a report on Oct. 29 that it will begin consultations on whether to ban the sale of derivatives based on digital coins like BTC as well as to restrict crypto-based contracts of difference to the public. Virtual currency […]

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The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against BanIn this edition of The Daily, we cover reports that the U.S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. Also, a court in Moscow has reject an appeal against the ban imposed on the popular messenger […]

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Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

Indian Supreme Court Gives Government 2 Weeks to Submit Cryptocurrency Report for RBI Ban CaseIndia’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]

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The Daily: Global Cryptocurrency M&As Rise, US Town Halts Mining

The Daily: Small Town Takes a Break From Mining, Industry Consolidation AheadIn today’s edition of The Daily, we look at how the current bear market is facilitating consolidation in the global cryptocurrency industry. We also focus on recent calls by an intergovernmental organization to tighten up rules on virtual assets throughout the world, as well as a story about a small U.S. town that has banned […]

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Indian Cryptocurrency Exchanges See Rapid Growth in P2P Trading

Indian Cryptocurrency Exchanges See Rapid Growth in P2P TradingTrading volumes on exchange-escrowed peer-to-peer (P2P) cryptocurrency trading platforms in India are rising rapidly amid the banking ban by the country’s central bank. “Indians are warming up to P2P in amazing ways,” the CEO of a local crypto exchange told news.Bitcoin.com. Several other exchanges competing in the same space are seeing similar responses from their […]

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Hong Kong Regulator: Cryptocurrencies ‘May Not Qualify as Securities’

Hong Kong Regulator: Cryptocurrencies 'May Not Qualify as Securities'Cryptocurrency falls into a legislative gray area in many jurisdictions, which is why governments should take a particularly nuanced approach to developing regulatory frameworks for crypto trading, the outgoing chairman of Hong Kong’s securities regulator said in a recent interview. Also Read: Fidelity Launching Crypto Custody and Trading Services Key Challenge for Legislators “We have to […]

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50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in India

50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Crypto in IndiaFifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision Most Respondents Are Hodlers A survey was […]

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