Brazil Bank Adopts IMF Guidelines for Crypto Classification

The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…

Santander to Introduce Ripple-powered payment Service in Latin America

Spanish banking giant Santander group, is expanding its use of Ripple’s technology. The bank is reportedly putting in place a “payment corridor” that would let customers in Latin America send money to the U.S instantly for free via One Pay…

Goldman Sachs analysis: Its a Good Time to Buy Bitcoin

If you have been shaking in your boots over the latest BTC market price pullback, there is cause for relief. This is because some Market Intel from Goldman Sachs suggests investors should capitalize on the current price dip and place…

Anthony Pompliano: Singapore Could Become first Country to Embrace Bitcoin

Cofounder of Morgan Creek Digital Anthony Pompliano also known as Pomp in the Twitter streets has lauded Singapore’s stance on crypto. Speaking on CNBC’S Squawk Box on Monday, he said that Singapore’s proactive stance on crypto could leave the rest…

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…