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Reserve Bank of India’s Ban on Cryptos Upheld by Supreme Court
The long-awaited decision by India’s highest court finally arrived, and the crypto community has lost. The drama began when the Reserve Bank issued a directive to all financial institutions in the country to cease offering financial services to the crypto industry. дальше »
2018-7-5 18:00 | |
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Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme
One of the world’s biggest bank is to pay a $47 million criminal penalty to the U.S. Department of Justice and a $30 million settlement to the Securities and Exchanges... The post Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme appeared first on Trustnodes. дальше »
2018-7-5 18:00 | |
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‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners
The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster. дальше »
2018-7-5 17:00 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4.
The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons дальше »
2018-7-5 16:55 | |
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Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model
India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »
2018-7-5 16:09 | |
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Reserve Bank Of India Anti Crypto Ruling Comes Into Play, Today
After months of court appearances, online petitions and wide debate, the (RBI) Reserve Bank of India’s anti-crypto ruling comes into play today (5th July 2018), meaning that from now on, the face of the cryptocurrency landscape in India is about to change significantly. дальше »
2018-7-5 15:30 | |
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BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money
дальше »2018-7-5 14:35 | |
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India’s Bank Account Ban Ineffective as Crypto Exchanges Adapt Quickly
As previously reported by CoinDesk, the Supreme Court held a hearing on Tuesday and said the Reserve Bank of India’s (RBI) circular issued in April will “remain implemented,” which prohibits banks from facilitating fiat transactions on Indian crypto exchanges. дальше »
2018-7-5 11:37 | |
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Russian Payment Giant Qiwi Launches Crypto Investment Bank
Qiwi, one of Russia’s largest payment services providers, has launched a crypto investment bank. The bank will be known as HASH and will provide ICO issuers and crypto startups assistance, especially with fundraising. дальше »
2018-7-5 03:00 | |
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Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. дальше »
2018-7-5 00:40 | |
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Report: 18% of People in Turkey Own Crypto Compared to 8% in the US
Eighteen percent of people in Turkey own crypto compared to eight percent in the United States, according to a study conducted by ING Bank. ING Bank Poll Finds 35% Europeans Agree Bitcoin Is the Future of Spending Online “Cracking the Code on Cryptocurrency” surveyed about a thousand respondents in each country to understand their attitudes. дальше »
2018-7-5 22:00 | |
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Breaking: India’s Bitcoin [BTC] wallet app announces closure of all rupee services
Zebpay, India’s popular Bitcoin wallet provider, has announced the closure of all its rupee withdrawal and deposit options on July 4th, 2018. Zebpay’s tweet | Source: Twitter On July 3rd, the Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India [IAMAI] v/s Reserve Bank of India [RBI]. The […] дальше »
2018-7-5 21:39 | |
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South Asian Banking Ban dealine around the corner, causing Zebpay exchange to stop.
One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday, дальше »
2018-7-5 21:00 | |
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WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »
2018-7-4 11:12 | |
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Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction
Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […] дальше »
2018-7-4 23:57 | |
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Great Illusion of Cryptocurrencies: Bank On Finland’s “Fallacy” Attack Report Recap
Bank On Finland’s Recent Report Is An Attack On Digital Currency A recent report published by Bank of Finland titled “The great illusion of digital currencies” attempts to prove that the concept of a digital currency is a “fallacy. дальше »
2018-7-3 22:44 | |
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Court Says India’s Crypto Trade Bank Account Boycott Will Continue
India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »
2018-7-3 21:52 | |
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Mojaloop: Ripple (XRP) Partners with Bill & Melinda Gates Foundation
Ripple in Partnership with Bill and Melinda Gates Foundation Bill and Melinda Gates Foundation have seen the need to partner with the now popular Ripple digital currency to connect un-banked people with financial institutions in developing countries. дальше »
2018-7-3 20:38 | |
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IBM-Powered Blockchain Platform is Live and Trading
we.trade has confirmed in a blog post written today that the website’s first live trades have taken place. The European-based trade site was founded in a partnership between Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Societe Generale, and Unicredit, and is one of the first trading solutions of its kind built upon the IBM… The post IBM-Powered Blockchain Platform is Live and Trading appeared first on UNHASHED. дальше »
2018-7-3 20:18 | |
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Indian Supreme Court attended Crypto Petition but Upholds RBI Ban – Will get effective in 2 days.
Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday, дальше »
2018-7-3 19:04 | |
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RBI Forces Indian Banks to Cease All Cryptocurrency Activity in Two Days
Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in cryptocurrencies. The Reserve Bank of India (RBI) gave a three-month window for activities to cease back in April which ends on July 5. дальше »
2018-7-3 17:30 | |
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HSBC, Deutsche Bank And More Successfully Testing Blockchain Transactions
Reports out today highlight that a group of banks have successfully trialled and tested a blockchain based bank transfer. This news is especially important, as it includes large scale banks such as HSBC and Deutsche Bank and is the first occurrence of a test that has been carried out across borders, and through many banks, over the blockchain. дальше »
2018-7-3 17:30 | |
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Indian Supreme Court Heard Crypto Petition but Upholds RBI Ban – Effective in 2 Days
The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives. дальше »
2018-7-3 16:35 | |
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India Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges Go P2P According to various media outlets, the Reserve Bank of India (RBI) will now succeed in implementing its ban on cryptocurrency business support on July 5. дальше »
2018-7-3 16:00 | |
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India’s Supreme Court Will Not Lift RBI Crypto Ban
It finally seems as if a decision has been made by India’s Supreme Court regarding the recent cryptocurrency ban established by the Reserve Bank of India (RBI). India’s Central Bank, the RBI, established a cryptocurrency ban a few months ago which detailed that it’s customers could not have any engagement with cryptocurrency. дальше »
2018-7-3 15:30 | |
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CoinMarketApp, The Latest Crypto Portfolio Management App Available On Android And iOS
Download for Android Download for iOS CoinMarketApp is stand out cryptocurrency management app, perfect for everything from viewing the latest news stories to market prices, ICO releases and so much more. дальше »
2018-7-3 12:15 | |
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LifeCODE.ai Blockchain Health Databank Launched By WuXi NextCODE
A fully integrated contract genomics organization (CGO), WuXi NextCODE, has unveiled the world's first blockchain-enabled health databank — LifeCODE. ai. The launch was done alongside the user mobile application, LaiYin Tribe available on both Apple app store and Android platform, at the 2018 TechCrunch Summit in Hangzhou, China. дальше »
2018-7-3 10:11 | |
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Bermuda to build a new class to serve Bermuda and Blackhunshi companies
The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2. дальше »
2018-7-3 09:00 | |
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Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies
Bermuda is planning to introduce amendments to the Banking Act in order to provide banking services to local blockchain and fintech companies
дальше »2018-7-3 07:13 | |
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Head Of Innovation At Santander UK Speaks Out About Ripple And OnePayFX
OnePayFX is a mobile application born through a partnership between Santander, and international bank and Ripple. By utilising Ripple technology, Santander aim to change the way cross border payments are made on a mainstream level. дальше »
2018-7-3 07:00 | |
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Blockchain Arm of Installment Benefit Supplier Qiwi Dispatches Crypto Venture Bank
The Crypto Investment Bank will help its clients towards fundraising process through ICOs as well in developing their blockchain networks. Representatives from the blockchain division of the Russia-based payment service provider Qiwi has announced the launch of the country’s first crypto investment bank named HASH. дальше »
2018-7-2 20:43 | |
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Indian crypto exchanges bypassing RBI ban and starting P2P trading services.
Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. Japan Confirms Entrance Into the Crypto Space Wazirx’s P2P Service With the banking ban by the central bank set to take effect on July 5, Indian дальше »
2018-7-2 18:05 | |
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Blockchain Arm of Payment Service Provider Qiwi Launches Crypto Investment Bank
The Crypto Investment Bank will help its clients towards fundraising process through ICOs as well in developing their blockchain networks. The post Blockchain Arm of Payment Service Provider Qiwi Launches Crypto Investment Bank appeared first on CoinSpeaker. дальше »
2018-7-2 16:49 | |
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Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. дальше »
2018-7-2 16:20 | |
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Unocoin’s official statement days before court hearing – India at the verge of make it or break it?
India’s leading exchange platform, Unocoin has released an official statement on its ‘Stance on RBI notice’. The exchange platform says that their banking relationships might be distorted on or before 5th July 2018 due to Reserve Bank of India [RBI]’s notification related to virtual currencies. дальше »
2018-7-1 15:49 | |
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Bitcoin early adopters loosing faith BTC? Suggests analysis by Chime
According to the latest report by Fortune, Bitcoin [BTC] has seen huge withdrawals than deposits in the month of April on Coinbase, the largest cryptocurrency exchange platform based in the U.S. The report is based on the recent analysis conducted on 500,000 users of Coinbase by Chime, a bank based in San Fransico. Bitcoin [BTC] […] дальше »
2018-7-1 14:49 | |
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Major Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban Begins
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. дальше »
2018-7-1 11:38 | |
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South Africa’s Central Bank Sees Ethereum Blockchain Only as ‘Backup’
The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank. дальше »
2018-7-1 01:00 | |
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