Steven Mnuchin speculated on what may have caused the latest blow to Facebook Libra’s ambitions. The proposed digital currency saw more of its corporate backers withdraw support, in what is being seen as a major setback. This came just weeks…
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Legal Loophole makes Political Crypto Donations legal in Japan
A Japanese minister has confirmed that crypto donations are perfectly legal in the country due to a classification loophole. According to a Reuters report, Japanese minister of internal affairs and communication Sanae Takaichi confirmed that new found legality of crypto…
Crypto Remuneration is Gaining Popularity Across Crypto Friendly Nations
Crypto remuneration is gathering steam around the world. At the moment, paying wages in decentralized digital coins is normal within the crypto industry. There is however no reason why this can’t be the case in other industries as well. A…
International Lawyer: Crypto not the Solution for Financial Inclusion
The crypto industry took a beating again on the floor of the US senate, with international lawyer, Mehrsa Baradaran suggesting that cryptocurrencies are no solution for financial inclusion and equity in banking. In a statement published on the senate’s website,…
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.
Technology businesses lobby with Indian central bank to relax the India crypto ban
Reserve Bank of India, i.e., the central bank in India has consistently opposed cryptocurrencies. A lobbying effort on part of technology businesses in India is underway to relax the India crypto ban.
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…
France to Encourage EU Member States to Adopt its Crypto Regulations
France is reportedly going to go on a charm offensive on other European countries in a bid to convince them to adopt crypto regulations similar to her own. French minister of the economy and finance, Bruno Le Maire, reportedly stated…
Bitpay COO: Massive Bull-Run will occur if China, India, and Russia change their Crypto Regulations
The sudden surge in Bitcoin prices has caused a lot of chatter in the crypto community with speculators, enthusiasts, and commentators, trying to make sense of this. A lot of crypto enthusiasts though just chose to marinate in the moment…