Indian Crypto Exchanges set their Sights on New Markets

Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…

Blockchains.com Founder acquires Community Bank to Fund Crypto dreams

According to a report by the Nevada independent, the founder of Blockchain incubation and investment firm Blockchains.com; Jeffrey Berns, has bought a small community bank in Las Vegas, Nevada. The report has it that the Blockchains.com founder acquired the community…

Israel Supreme Court Rules in Favor of Crypto Exchange in Bank Account Case

Israeli’s crypto community toasted to good news after the country’s largest broker for Bitcoin and Ethereum was allowed to keep its account with the country’s largest bank. This was decided by Israel’s Supreme Court after overturning a district court’s earlier…

The Marshall Islands Adopts National Cryptocurrency

Interesting developments from the Marshall Islands indicate that the country is set to launch its own independently monitored cryptocurrency system that will be used across the country. The Fiat based crypto will be governed by consensus together with a board…

Russia’s largest bank shelves crypto plans despite having a Crypto Bullish CEO

Russia’s largest bank Sberbank is reportedly planning to scrap its crypto plans citing the anti Bitcoin sentiments of government regulators. This news has come off as quite ironic since the bank’s CEO is a popularly known Bitcoin Bull. Despite the…

Myanmar Central Bank moves to tame Country’s Bitcoin Thirst

The attractive developing country of Myanmar could be on the verge of losing about $5.8 Billion in foreign direct investments following their anti-Bitcoin and other crypto-currencies stance. Myanmar is hinting at a possible blackballing of Bitcoin, a crypto-currency that has…

6 banks plan to issue their own digital tokens on Stellar blockchain backed by fiat currency

Six international banks have laid out plans to issue their own stable coins, or digital tokens backed by Fiat currency, on IBM’s Stellar-powered money wiring service. This was reported by both IBM and stellar. IBM’s Stellar powered money wiring service…

Young Nigeria looks to Crypto for Payments

Data from Google Trends indicates that Lagos Nigeria ranks as the top city based on the volume of online searches for Bitcoin (BTC). This statistic implies high interest in Bitcoin, though surprisingly very little has transpired in the way of…

SBI announces that 13 Top Banks are about to join the Ripple Ecosystem

SBI holdings- an entity that solidly backs ripple- just announced a new app known as moneyTap. This app will be focusing on cashless payments for small transfers. The SBI group is sometimes referred to as strategic business innovator group, and…

Citigroup Drop Plans of Launching Own Crypto “citicoin”

It appears that Citigroup, the third largest bank in the US, has dropped plans of launching their own crypto which was to be known as “citicoin” It came out in July of 2015 through the international Business Times (IBTimes) that…