The Wyoming House of Representative passed two pro blockchain and cryptocurrency laws in a landmark; 60 to 0 vote, making it a blockchain friendly state for blockchain startups. Bitcoin miners are already setting mining shop taking advantage of the state’s…
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African cryptocurrency market: Nigerian Senate Committee to Discuss possible Cryptocurrency Measures
Author – Sam Reeds – UK Africa’s most populous country, Nigeria, is set to deliberate on possible ways to regulate cryptocurrencies. The country is well known for online scamming commonly referred to as K-9 scammers globally. Nigeria’s Senate Committee on…
IMF Chief Lagarde & United States Treasury Says Global Cryptocurrency Regulations are Inevitable
Author – Sam Reads, UK The head of the International Monetary Fund, Christine Lagarde, recently warned that the international community and regulators should take early action on the cryptocurrencies. She further said that digital currency regulations are “inevitable.” IMF purpose…
ICO Regulation: UAE Regulator Caution Residents over ICO Related Risks
Author – Sam Reads, UK UAE’s Securities and Commodities Authority (SCA), the kingdom financial market watchdog and regulator issued an investor warning alarm, over-investment in initial coin offering (ICO). The investor alarm was published over the weekend warning investors about…
Government of Maharashtra (India) explores blockchain technology to improve governance
Author – Anujit The state government of Maharashtra, the western Indian state, has started to explore blockchain technology to improve governance delivery, and bring in greater transparency, and in turn, better trust, between citizens and government. With this, the state…
UAE Giant Remittance Firm Partners With San Francisco DTL-based Startup Ripple
Author – Sam Reads, UK UAE Exchange, one of Middle East Top money transfer and FOREX firm just inked a new partnership with San Francisco based Blockchain – Startup Ripple. The deal comes as the XPR is trying to break…
South Korea Regulations: South Korean Court Finally Rules Bitcoin Has Economic Value
A South Korean court made a landmark ruling on 31st January on the economic value of the bitcoin. This was the first ruling that shows the value of the bitcoin as its ripples spread all over. The ruling was the…
ICOs Regulation: Gibraltar Moves to introduce “world First” ICOs Regulations
In the coming few weeks, the Gibraltarian government together with Gibraltar Financial Services Commission (GFSC) –the territory financial watchdog will present a draft law that will regulate ICOs in the British overseas territory. The regulations come as the ICO market…
India cryptocurrency Regulation: Media Misinterprets India Bitcoin Stand – But to Be Tough on the cryptocurrencies.
Author -Anujit India will not ban cryptocurrencies or crypto exchanges and trading! In the past few days, India has been the main focus as reports of an imminent ‘ban’ on bitcoin and other cryptocurrencies looming in the country. However, India…
Government of India (GoI) discourages cryptocurrencies but welcomes blockchain
Author – Anujit, India On February 1st 2018, the Government of India (GoI), as part of its annual budget exercise, formally discouraged use of cryptocurrencies. However, GoI has also welcomed the blockchain technology, and vowed to explore it further. Reserve…