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State Bank of India (SBI) Chairman Calls for Cryptocurrency Regulation in the Country

Government Controlled Bank, State Bank of India (SBI) Chairman, Rajnish Kumar, Calls For Regulation of Cryptocurrencies in the Country. Speaking in an interview, Kumar highlighted the need to set up regulations on the cryptocurrency industry instead of the blanket ban currently enforced in the country. As the chairman to one of the largest banks in […] дальше »

2019-10-24 19:34


Venezuela’s Largest Retailer And Local Crypto Pioneer, Traki, Launches Its First Ever Bitcoin ATM

The largest retailer in Venezuela, Traki, installs its first ever Bitcoin ATMs that allow customers to buy two cryptocurrencies, BTC and Dash (DASH). As the country crumbles under hyperinflation and sanctions from various countries across the globe, the government is turning to cryptocurrencies as a stable form of payment. Venezuelan president, Nicolas Maduro, announced the […] дальше »

2019-10-7 17:24


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Bithumb Global Plans to Lobby Indian Government for a Regulated Cryptocurrency Exchange

India is the first country to propose going as far as passing legislation to ban the use and custody of cryptocurrencies. In an attempt to open the Indian government’s eyes to the potential of public ledger cryptocurrencies, Bithumb has set out to launch a regulated exchange in India, as per the Economic Times, October 3, 2019. дальше »

2019-10-4 09:00


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Here’s Why Malta Falls Short of Being ‘The Blockchain Island’

Everyone knows of Malta as the “Blockchain Island”. Yet, according to blockchain expert and consultant Steve Tendon, the tiny European country falls painfully short of the mark. In a fascinating and brutally honest article about the birth of the blockchain island concept, Tendon claims that Malta completely “missed the point” of the power of cryptocurrencies. дальше »

2019-10-3 17:00


Venezuela to add Bitcoin and Ethereum in central bank’s reserves

Venezuela, the country that currently suffers from hyperinflation, is reportedly taking steps to adopt cryptocurrencies. The information was highlighted through a tweet from @PattyLaya, which translated to, “Exclusive: Venezuela is conducting internal tests to determine if it can save cryptocurrencies in the central bank’s reserves, helping PDVSA download recent payments in Bitcoin and Ethereum” According […] The post Venezuela to add Bitcoin and Ethereum in central bank’s reserves appeared first on AMBCrypto. дальше »

2019-9-27 23:00


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Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them

The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank. дальше »

2019-9-26 18:52


Cryptocurrencies may offer Iran a way to perfect the ‘art of evading international sanctions’

Iran has been at the cornerstone of U. S foreign policy ever since the Ayatollah Ruhollah Khomeini-led revolution deposed the US-favored Shah of Iran way back in 1979. Sanctions have been crucial to this effort, with the United States using its economic muscle and superpower credential to impose often-crippling sanctions on the West Asian country. дальше »

2019-9-18 17:30


India’s Proposed Blanket Bitcoin Ban Will Set The Economy Back As Blockchain Devs And Traders Leave

Being too tough on innovation can be a cause for brain drain. At least that is what some crypto specialists in India believe right now. As the government continues its plans to ban cryptocurrencies locally, India is starting to see its first big signs of brain drain happening in the country. A complete blanket ban […] дальше »

2019-9-17 23:11


Dutch Central Bank cites crypto’s vulnerability to financial crimes; orders its supervision of the industry

As concerns around money laundering and terrorism financing grow, crypto-regulations have started to gain momentum. These concerns have now reared their head in The Netherlands. Due to cryptocurrencies not being fully regulated in the country, crypto-managing companies were not previously required to report to regulatory bodies. дальше »

2019-9-3 14:22


Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. дальше »

2019-9-4 11:05


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Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products

On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like […] The post Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products appeared first on Bitcoin News. дальше »

2019-8-28 17:45


India’s Colodax becomes latest exchange to list XRP; brushes off concerns over RBI restrictions

Recently, Ripple’s token XRP got listed on Colodax, the Indian crypto-exchange. Despite no real changes in its own price, the development shed light on the Indian cryptocurrency market, a country where just yesterday, the Reserve Bank of India’s jurisdiction on cryptocurrencies was questioned by the Indian Supreme Court. дальше »

2019-8-22 09:10