Bitcoin and Cryptocurrency News Monthly Round-Up Recap: July 2019

2019-8-3 04:12

Top News Stories from July July 1 Islamic Republic of Iran Broadcasting (IRIB) claims that the local government has seized more than 1,000 bitcoin mining devices from two separate mining farms in the country.

According to local officials, this was owing to Iran's government subsidized electricity seeing a 7% spike in consumption for the month […].

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The Philippines’ Central Bank Has Already Legalized 10 Bitcoin Exchanges

According to local reports, the Bangko Sentral ng Pilipinas (BSP) has approved three crypto exchanges, bringing the total number of approved crypto exchanges to 10. The Manila Times reported: “Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation Supervision Department of the central bank, said newly approved were Bexpress Inc.

2019-4-10 15:12


India’s Bureaucracy is Sending Local Bitcoin Industry into a Sh**hole

What would you call an organization that is sitting atop a game-changing regulatory framework for more than a year but couldn’t submit a single proposal nevertheless? Incompetent, perhaps. It is precisely what the Interministerial Committee (IMC) has become: an incompetent group of administrators and ministers that cannot decide what it wants to do with new technologies.

2019-3-29 13:26


Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing

Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future.

2019-3-26 08:30


China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-5 22:04


China's Central Bank Wants to Put the Damper on Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-7 22:04


Bulgarian officials took Bitcoin bribes to issue passports to Ukrainians

Two Bulgarian government reps have been arrested on allegations of accepting bribes in Bitcoin in return for illegitimately issuing Bulgarian identity documents to foreign individuals. Court files claim the accused, both of whom held management positions in the National Agency for Bulgarian Citizens Abroad, have been illegally receiving payments to issue documents, according to local outlet NOVA.

2018-11-2 19:03


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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers

Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million.

2018-8-29 16:00


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Thai Bond Market Association Blockchain-based registrar should launch the Bond Service Platform

The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market,

2018-7-28 09:22


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