The price of Bitcoin sharply dropped on Monday following U.S president Donald Trump’s sharp criticism of cryptocurrencies. The American president, who is known for his controversial Twitter posts, posted his reservations towards crypto and the effect looked somewhat immediate. The…
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Indian cryptocurrency entrepreneur criticizes the India crypto ban
India has clamped down hard on cryptocurrencies while encouraging blockchain. A complete ban could be in the pipeline and an entrepreneur has recently criticized the India crypto ban.
Proposed legislation to enforce India crypto ban has provisions for penalties and imprisonment
Lawmakers in the Indian parliament are mulling a stringent legislation for enforcing the India crypto ban. The proposed legislation includes steep penalties and 10-years imprisonment.
Crypto Specialist: How Governments can kill Bitcoin
Popular economist and author of the Bitcoin Standard, Saifedean Ammous; appeared on the most recent episode of Stephen Livera’s crypto-economics podcast. Ammous unpacked various subjects on crypto which thrilled a lot of listeners. The show’s host Stephen Livera spoke to…
Goldman Sachs will await Government backing before Looking into Crypto-Currencies
According to the American banker, Goldman Sachs is waiting for the U.S government to co-sign crypto-currencies before it can make its foray into the much-publicized space. The DTCC conference held this week saw Martin Chavez- a global co-head of the…
SEC wants Funds to Remove the word ‘Blockchain’ from their ETFs
The U.S Securities and Exchange Commission is cracking down on products that could mislead investors that are eager to understand and gain exposure to Bitcoin- or its underlying technology. So serious is the securities watchdog that it is now pressurizing…
SWIFT and MonetaGO partnership for blockchain in India
SWIFT, the global provider of secure financial messaging service has partnered with MonetaGO, which provides private blockchain solutions for the financial services industry. Together, they will push blockchain in India by increasing its’ adoption in the Indian banking sector. They…
Police in India arrests four accused in a $ 14 million crypto scam
olice in Mumbai, the western Indian city that’s also known as the financial capital of the country have arrested four accused in a crypto scam. The accused had cheated investors promising them unrealistic returns. India doesn’t allow cryptocurrencies.
JPMorgan Chase Set to Launch its Own Crypto-currency
A United States banking first is upon us with one of the country’s top banking giants, JPMorgan Chase (JPM) launching its own crypto-currency, as reported by CNBC on February 14. The US banking giant is set to popularize its own…
Saudi Arabia and UAE launch Joint State-backed Crypto-currency
Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…