カテゴリー: Banking

Zambia Launches Crackdown on Crypto Companies

Zambia Cracks Down on Cryptocurrency Businesses After Declaring Bitcoin Illegal TenderThe Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. […]

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The Fall of Tether and What It Means for the Cryptocurrency Markets

The Fall of Tether and What It Means for the Cryptocurrency MarketsThe demise of Tether has been a car crash in slow motion. An unswervable event that has played out over the course of months, it has reached a crescendo in the past 24 hours, with tether slipping significantly from its dollar peg. It is possible, perhaps even probable, that it will regain parity with the […]

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Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Nigerian Startup Kubitx Launches Bitcoin Exchange in BetaKubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. […]

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Major Indian Exchange Unocoin Launching Crypto ATMs

Major Indian Exchange Unocoin Launching Crypto ATMsA major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto […]

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RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

RBI Argues Supreme Court Should Not Interfere With Its Crypto DecisionThe Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. Also […]

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Major Indian Bitcoin Exchange Discusses the Aftermath of RBI Ban

Major Indian Bitcoin Exchange Discusses the Aftermath of RBI BanIt has been about two months since the crypto banking ban by the Reserve Bank of India (RBI) went into effect. News.Bitcoin.com talked to Sathvik Vishwanath, CEO and co-founder of Indian exchange Unocoin, to discuss the aftermath of the central bank’s ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space All Eyes on Supreme […]

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P2P Exchange Options Increasing for Crypto Traders in India

P2P Exchange Options Increasing for Crypto Traders in IndiaSince the Reserve Bank of India (RBI), the country’s central bank, banned banks from providing services to cryptocurrency businesses, traders are increasingly trading on peer-to-peer (P2P) platforms. Local crypto exchanges have come up with a number of exchange-escrowed P2P solutions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Localbitcoins Trading volumes in both the […]

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P2P Exchange Options Increasing for Crypto Traders in India

P2P Exchange Options Increasing for Crypto Traders in IndiaSince the Reserve Bank of India (RBI), the country’s central bank, banned banks from providing services to cryptocurrency businesses, traders are increasingly trading on peer-to-peer (P2P) platforms. Local crypto exchanges have come up with a number of exchange-escrowed P2P solutions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Localbitcoins Trading volumes in both the […]

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Indian Crypto Regulation Ready by September: Official

Indian Crypto Regulation Ready by September: OfficialThe Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. Also read: Yahoo! Japan Confirms […]

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

Indian Central Bank Justifies Its Crypto Stance - Outlines Key Areas of ConcernThe Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main […]

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