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Indian Government Unveils Draft Crypto Bill
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. дальше »
2019-7-24 16:05 | |
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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
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Crypto exchange exec says Bitcoin ban in India not final yet, is there any hope?
This week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on crypto assets like bitcoin. According to Reuters, the panel led by finance secretary Subhash Chandra Garg has suggested a fine of $3. дальше »
2019-7-23 10:57 | |
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India’s Ban On Cryptocurrency: Several Crypto Proponents Ready To Hold Talks With Indian Regulators
The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency. дальше »
2019-7-23 09:22 | |
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India: Government Committee Recommends Cryptocurrency Ban
Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »
2019-7-23 20:33 | |
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Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban
An Indian inter-ministerial committee on cryptocurrency and blockchain technology has finalized a report recommending both the establishment of a digital Rupee and a ban of cryptocurrencies. Ban Crypto, Establish E-Rupee The roughly 200-page report spends thousands of words breaking down and praising the potential uses of blockchain technology, specifically in areas like land management. дальше »
2019-7-22 18:38 | |
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India: Gov’t Committee Recommends Blanket Cryptocurrency Ban
The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize Total Bitcoin Ban In a report submitted on Monday (July 22, 2019) the IMC recommended that the government institutes a total bitcoin ban. дальше »
2019-7-23 17:09 | |
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India’s Inter-Ministerial Committee recommends ban on private cryptocurrencies
While most countries have remained uncertain about cryptocurrencies and crypto-adoption, India perhaps leads the race in terms of keeping its citizens in the gray. With Right to Information (RTI) requests going vaguely answered and strange rumours about a ban floating around, India’s Ministry of Finance has now openly addressed the ongoing crypto-confusion. дальше »
2019-7-22 16:42 | |
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Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?
Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry. дальше »
2019-7-21 03:30 | |
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Breaking Down The Facebook Libra Hearings
Facebook’s libra is under the scrutiny since pretty much everyone is freaking out that a company that’s run by a fun-sized Chucky doll is jumping in the cryptocurrency water. Watch the video to see the latest news on Facebook Libra hearings at House Financial Services Committee. дальше »
2019-7-20 21:57 | |
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Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
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Bitcoin’s allies in Congress, House Committee lauds cryptocurrency while denouncing Libra
In a historic moment in Congress, pro-cryptocurrency representatives warned the House of Representatives of the “unstoppable” power of Bitcoin, calling for the United States to clarify regulations and seize the lead in blockchain innovation. дальше »
2019-7-19 05:29 | |
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US Treasury Sec: We Don’t Want Bitcoin Becoming a “Swiss-Numbered Bank Account”
Now that the U. S. Congress and Senate have finished their hearings with Facebook, U. S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation on the Table Again It appears that the aftermath of the US Congress and Senate Banking Committee’ hearings on Facebook’s Libra coin could present a new set of regulatory problems for cryptocurrency as a whole. дальше »
2019-7-19 00:00 | |
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Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible?
With the recent price losses that have seen Bitcoin fall below $10k, it is only fair that people begin to ask if $8k is another price level for the cryptocurrency to test. Well, given the animosity from the United States Senate Committee on Banking, Housing, and Urban Affairs and more recently the Secretary of the […] The post Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible? appeared first on ZyCrypto. дальше »
2019-7-18 19:45 | |
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Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project
The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […] дальше »
2019-7-18 19:28 | |
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Anti-Bitcoin Congressman: Libra Could be as Damaging as 9/11
Bitcoin Skeptic Bashes Libra On Wednesday, Libra was the primary topic of discussion for the House Committee on Financial Services. Unsurprisingly, there was a multitude of U. S. politicians that expressed disdain towards the corporate cryptocurrency. дальше »
2019-7-18 16:45 | |
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Libra is Not Bitcoin, CoinShares Exec Testifies Before US Congress
Facebook cryptocurrency Libra is an imitator of Bitcoin, Meltem Demirors of CoinShares testified before the US Congress on Wednesday. The chief strategy officer appeared before the House Financial Services Committee to explain the difference between Bitcoin and thousands of cryptocurrency projects that takes inspirations from it. дальше »
2019-7-18 16:00 | |
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Bitcoin’s ‘realized market capitalization’ at an all-time high as price continues to suffer following Libra’s Senate hearings
Bitcoin’s massive plunge in valuation recently has shook the cryptocurrency market. The world’s largest cryptocurrency falling below the decisive $10k support following Libra’s ‘interrogation’ before the United States’ Senate Banking Committee has many analysts doubting their bullish predictions. дальше »
2019-7-18 03:30 | |
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Media Blockchain Pilot Welcomes McDonald’s, Virgin Media, and Nestle for Advertising Purposes
Jicwebs has a blockchain trial that is presently active, involving many major companies. The goal of the pilot is to improve digital advertising. Blockchain technology is being adapted to many different use cases, leading to the blockchain trial by the Joint Industry Committee for Web Standards. дальше »
2019-7-18 02:46 | |
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Blockstream’s Samson Mow targets Facebook’s Libra; claims David Marcus has no idea of what he is building
Facebook’s latest venture into the cryptospace has encountered a lot of debate and criticism, since the day it was first introduced. The contentious Libra project led by 28 corporate giants including Facebook, has been touted as a “centralized digital crypto” by many skeptics. дальше »
2019-7-18 00:30 | |
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“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation
Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space. дальше »
2019-7-18 00:26 | |
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Facebook's House Committee Focuses Heavily On What Exactly Libra Is
With yesterday's Senate hearing centering on lawmakers' distrust of Facebook, the social media giant's House Financial Services Committee hearing focused much more on what exactly Libra is and saw regulators speaking in a surprisingly positive manner about Bitcoin. дальше »
2019-7-18 00:08 | |
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Crypto dip follows political pushback against Facebook's Libra
David Marcus, head of Calibra, was grilled at a Senate Banking Committee hearing yesterday following pushback against the Libra from both sides of the political aisle. The market responded with a sharp sell-off, with BTC dropping below $10,000. Is the US turning bearish on crypto? дальше »
2019-7-18 23:00 | |
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Rep. Patrick McHenry: Libra Can be killed, But You Can’t Kill Bitcoin
US congressman Patrick McHenry was a guest at CNBC’s Squawk Box where he weighed in on Facebook’s Libra and bitcoin following Libra’s hearing before the Senate at Capitol Hill. Patrick presently represents the 10th District of North Carolina and is also a ranking member of the Financial Services Committee. дальше »
2019-7-18 20:54 | |
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Facebook Hawks Libra as Western Union 2.0 Amid Capitol Hill Slugfest
House Financial Services Committee Chairwoman Maxine Waters has been on a crusade against Facebook’s entry into cryptocurrency via the Libra project. Her rampage continued on Wednesday during a second day of congressional hearings devoted to Libra. дальше »
2019-7-18 20:40 | |
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Crypto Custodian Anchorage To Set Up Subsidiary In South Dakota, Anchorage Trust Company
After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U. дальше »
2019-7-17 19:03 | |
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Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’
Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee. дальше »
2019-7-17 14:00 | |
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Перед вторым слушанием о криптовалюте Facebook курс bitcoin продолжает падать
Вчера, 16 июля 2019 года, в Сенате США состоялось слушание, в ходе которого сенаторы обсудили криптовалютный проект Facebook Libra. На фоне события, как ранее предполагалось, курс bitcoin продемонстрировал негативную динамику. дальше »
2019-7-17 09:43 | |
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Libra branded ‘delusional’ as Senate Banking Committee unleashes hell on Facebook’s David Marcus
Libra seems to be the new cuss word in Washington D. C. After unveiling Libra and setting up the association to oversee its governance in Switzerland, Facebook probably thought they’d be taking more flights across the Atlantic. дальше »
2019-7-17 08:30 | |
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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin
The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U. S. дальше »
2019-7-17 08:06 | |
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Facebook Says it Will Use Swiss Agency to Oversee its Cryptocurrency’s Privacy, But is Yet to Even Contact Them
Facebook has been grilled today at a Senate Banking Committee hearing over its cryptocurrency project Libra. As part of the hearing, a representative for the social media giant claims the firm has been in contact with a Swiss agency to oversea data protection and user privacy. дальше »
2019-7-17 02:00 | |
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Tough Crowd: Senators Compare Facebook’s Libra To Arsonists And Bond Villains
Markets are down, and so are the spirits of many cryptocurrency investors. But no matter how bad your portfolio looks, it’s probably less bruised than David Marcus, Facebook’s lead for the Libra cryptocurrency, after today’s dressing-down from U. дальше »
2019-7-17 00:09 | |
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The United States’ Distrust in Facebook Libra Is Spilling Into Crypto
Today, the United States Senate Committee on Banking, Housing, and Urban Affairs held an open session to conduct a hearing on Facebook’s Libra – a hot button topic across the crypto industry and financial space currently. дальше »
2019-7-17 23:00 | |
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Overview: Facebook Libra Project US Senate Hearing
Earlier today Facebook Libra met with US Senators from the Senate Banking Committee. Here are a few highlights of note from the hearing. Facebook Libra Meets with Lawmakers Again Today Facebook answered questions from concerned US lawmakers on the Senate Banking Committee. дальше »
2019-7-17 22:52 | |
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Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash
The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services. дальше »
2019-7-17 20:20 | |
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“Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions
A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee. дальше »
2019-7-16 18:38 | |
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Facebook’s David Marcus vs. Senate: Key Takeaways from the Battle for Libra
Coinspeaker Facebook’s David Marcus vs. Senate: Key Takeaways from the Battle for LibraFacebook crypto chief David Marcus testified before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing examining Facebook's proposed digital currency Libra and data privacy considerations. дальше »
2019-7-17 18:22 | |
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Watch Facebook’s David Marcus Testify Before the Senate Banking Committee on Libra
Coinspeaker Watch Facebook’s David Marcus Testify Before the Senate Banking Committee on LibraFacebook crypto chief David Marcus testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing examining Facebook's proposed digital currency Libra and data privacy considerations. дальше »
2019-7-16 18:22 | |
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US Committee Plans to Ban Facebook Cryptocurrency Libra
The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services. дальше »
2019-7-16 15:00 | |
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The United States Seeks to Prohibit Big Tech from Banking and Finance
A copy of draft legislation barring big tech from entering the banking industry and providing financial services has been doing the rounds. It is believed that this draft has been circulated amongst the House Financial Services Committee’s Democratic majority. дальше »
2019-7-16 11:00 | |
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With Facebook’s Libra Congress Hearings Imminent, Will Bitcoin Price Plummet or Foray Higher?
Facebook’s Libra has been knee-deep in criticism ever since it was unveiled. Another hurdle that Facebook is currently facing is testifying during US governmental hearings. David Marcus, the head of the Calibra wallet, will be testifying before the Senate Banking Committee and the House Financial Services Committee on Tuesday 16th and Wednesday 17th respectively. дальше »
2019-7-16 10:24 | |
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Libra: Japan Creates Group Ahead of the G7 Summit with Nation’s Central Bank, FSA and Ministry of Finance
Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled. дальше »
2019-7-15 20:55 | |
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U.S Government Seeks to Ban Facebook, Others, from Financial Services including Cryptocurrency
In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion. дальше »
2019-7-16 20:08 | |
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House Committee Discusses Preventing Big Tech Companies From Issuing Crypto
Members of the House Financial Services Committee are discussing the possibility of introducing legislation that would bar large technology institutions in the US from issuing cryptocurrencies.
дальше »2019-7-16 18:36 | |
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