2020-12-4 09:04 |
A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate
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According to a Forbes report published on March 21, 2020, a senior Russian official has warned that its delayed bill on cryptocurrencies will include a ban on issuing and selling of digital currencies.
2020-3-22 18:00 | |
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The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […]
2020-3-17 20:08 | |
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Despite the Supreme Court repealing the RBI crypto ban, India’s crypto industry still faces significant challenges
2020-3-7 13:20 | |
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US lawmakers and the Department of Justice are looking to ban end-to-end encryption, making Internet users vulnerable to a host of attacks on their privacy from both malicious hackers and from the government.
2020-2-6 21:24 | |
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People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin.
2020-1-14 21:00 | |
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India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards.
2020-1-5 09:25 | |
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The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.
2019-12-30 13:50 | |
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It doesn’t look like lawmakers in India are in any hurry to move forward with the draft bill to outlaw the use of cryptocurrencies in the nation. The government has issued a list of topics that it will table during its Winter parliamentary session and the controversial Bitcoin ban is absent from it.
2019-11-16 01:33 | |
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The Indian government will not discuss its draft bill on a proposed total ban on crypto in the winter session of Parliament, as was previously planned
2019-11-15 17:26 | |
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The Indian government released the list of bills they plan on presenting in the parliament’s winter session, and to the surprise of the Indian cryptocurrency ecosystem, the bill to ban virtual currencies was not on the list.
2019-11-15 16:00 | |
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California lawmakers today passed a bill placing a three-year state-wide moratorium on the use of facial recognition technology by law enforcement agencies. AB 1215, The Body Camera Accountability Act, was introduced earlier this year by assemblymember Phil Tang, a Democrat.
2019-10-10 03:10 | |
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Germany approved a comprehensive blockchain strategy to ban the creation of stablecoins or other assets that work as parallel currencies.
2019-9-18 13:13 | |
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A US Presidential Executive Order is about to be signed into a bill to officially ban US citizens from acquiring or using the Venezuelan Petro coin.
2019-9-16 11:10 | |
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A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India.
2019-9-12 10:05 | |
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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.
2019-9-4 11:05 | |
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The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy.
2019-8-29 09:03 | |
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In a recent court hearing that was set for August 8, 2019, the government of India asked the Supreme Court to postpone the hearing against the cryptocurrency ban to January 2020 as they wish to open the blanket ban bill for discussion in the Winter session of Parliament.
2019-8-9 15:00 | |
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The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12.
2019-8-8 20:00 | |
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The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges.
2019-8-8 15:00 | |
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Supreme Court of India heard the ‘Crypto vs. RBI’ case on August 8 where the government’s counsel is speculated to have produced the IMC drafted bill on cryptocurrency and asked the case to be adjourned till January 2020.
2019-8-8 11:46 | |
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“You will be out of work soon,” told my perturbed mother on call. I was taken aback for a second as I asked her, “What? What are you saying?” It was July 22, 2019, and the Internet was flooded with the news of “India bans crypto” or “India needs regulations, not ban” and I realized […] The post Journey of India’s crypto ban: 3 meetings.
2019-8-4 18:30 | |
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The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country.
2019-7-31 16:00 | |
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India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete.
2019-7-31 10:15 | |
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For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency.
2019-7-29 20:01 | |
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Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government is examining are.
2019-7-29 12:15 | |
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American venture capital investor, Tim Draper, has commented on India’s proposed bitcoin and crypto ban stating that it will set the nation back 40 years. Death Knell For Bitcoin and Crypto in India India has clearly taken a leaf out of China’s book with its draconian attitude towards crypto assets.
2019-7-26 14:02 | |
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The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed.
2019-7-26 13:05 | |
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After two years, a much-hyped consortium of bankers and legislators has proposed that the Indian government completely ban public cryptocurrencies (like Bitcoin). Newsflash: Indian Regulators Officially Propose Total Cryptocurrency Ban https://t.
2019-7-24 12:22 | |
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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.
2019-7-23 16:05 | |
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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.
2019-7-24 16:05 | |
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Just days after a bill has been proposed to limit all cryptocurrency activity in India, a new government communication note between ministries surfaced, strengthening the case for the ban.
2019-7-23 14:33 | |
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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.
2019-7-23 09:22 | |
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Following a leaked bill from the India government proposed a blanket ban on cryptocurrency, Tim Draper, a Bitcoin worshipper and investor in Tezos has come out to condemn the move. Now in a strongly worded message, the outspoken investor who recently advocated Bitcoin to the government of Argentina referred to India’s proposed bill as being […]
2019-7-18 00:12 | |
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The much anticipated and prolonged draft bill for cryptocurrency in India got leaked in full. The bill proposes a complete blanket ban on the use of cryptocurrency in any form. This has really saddened the crypto community back in India who were expecting and hoping for a progressive call from the central government, especially after […]
2019-7-16 19:15 | |
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Rumours of a proposed bill in India that bans cryptocurrency may have been confirmed after Indian blockchain lawyer Varun Sethi posted an alleged first draft of the proposed bill. The “Banning of Cryptocurrency and Regulation of Official Digital Currencies” bill, which proposes to ban or heavily restrict all cryptocurrency-related activity in India, was leaked this […] The post Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies appeared first on CCN Markets
2019-7-16 10:53 | |
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Coinspeaker Leaked Document Shows India Will Ban All Cryptocurrency except Its Digital RupeeThe global cryptosphere might take hit in the near future as according to a leaked bill circulating online, India plans to completely outlaw the use of cryptocurrency except its own Digital Rupee.
2019-7-15 17:47 | |
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Facebook’s upcoming stable coin Libra seems to have caught the regulators and policymakers around the globe off-guard. Ever since its official announcement back in June, Libra has been subjected to tons of scrutiny, calls for the halt of the project, and in certain cases even outright ban.
2019-7-14 10:00 | |
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The United States government can’t ban bitcoin because the original cryptocurrency is free speech that’s protected under the Constitution. That’s the opinion of Bill Barhydt, the CEO of crypto wallet and exchange Abra.
2019-7-3 21:10 | |
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Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies.
2019-6-28 09:27 | |
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Although India had always been a hotbed for the development of crypto infrastructure, the country’s draconian and immature crypto regulation has stifled the scope of innovation there. Most in the crypto ecosystem would be already familiar with the regulatory news coming out of the country with a draft of a bill going as far as […]
2019-6-27 09:02 | |
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There is a group of Democratic Minnesota House Representatives that do not want cryptocurrency donations for political campaigns. The Minnesota House Bill 2884 that was introduced by a group of democratic representatives wants to outlaw donations in cryptocurrencies.
2019-6-26 00:27 | |
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India is continuing its battle against cryptocurrencies. Nevertheless, after a supposed draft bill to ban cryptocurrency in India and up to ten years in jail for mining, holding, or using crypto, the government is not seeing the expected results.
2019-6-24 01:00 | |
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With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation’s decision to outlaw cryptocurrencies is only driving more people towards decentralized assets.
2019-6-23 20:00 | |
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By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.
2019-6-17 12:23 | |
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The ‘draft bill’ in India for banning digital assets that circulated through social media stunned the entire crypto community as the regulatory bodies are yet to clarify its stance on the matter.
2019-6-15 21:00 | |
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The Reserve Bank of India returned a request for information about a proposed crypto ban, which is allegedly making the rounds at the highest level of government
2019-6-14 22:32 | |
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Yesterday, the Bitcoin (BTC) and crypto asset community woke up to a harrowing tidbit of news from Bloomberg Quint. An article, which cited a “draft bill”, revealed that regulators in India, from multiple financial and judiciary agencies, revealed that those who involve themselves in the “sale, purchase and issuance of all types” of crypto assets,.
2019-6-9 00:00 | |
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Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly.
2019-6-8 20:00 | |
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The regulatory clarity surrounding Bitcoin and other cryptocurrencies has been lacking in many countries. China and India have always shunned away from cryptocurrencies while encouraging blockchain.
2019-6-8 17:00 | |
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US President Joe Biden vetoed H. J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff.
A bipartisan coalition of lawmakers has urged the Biden Administration to abandon its plan to veto the Congressional proposal to repeal the SEC’s controversial Staff Accounting Bulletin No. 121 (SAB 121).
The House Financial Services Digital Assets Subcommittee will hold a hearing on real-world asset (RWA) tokenization on June 5 to discuss the emerging sector’s potential benefits. Congress will listen to testimony from industry experts at the hearing to determine the potential benefits of RWA tokenization in facilitating efficient markets.
Coinbase filed a closing brief with the US Court of Appeals for the Third Circuit on May 31, challenging the SEC’s denial of its rulemaking petition. The case revolves around a single, conclusory sentence in the SEC’s order, which “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms.
Onchain Highlights DEFINITION: The percentage of entities in the network that are currently in profit is based on the amount of Bitcoin bought cheaper than the current price. The “Buy price” is defined as the price at which coins were transferred to addresses controlled by the entity.
Bloomberg ETF analyst Eric Balchunas said on May 30 that US spot Ethereum ETFs could launch in June amidst updated BlackRock and Grayscale filings. Balchunas said there is a “legit possibility” that spot Ethereum ETFs will launch by the end of June.
Onchain Highlights DEFINITION: Bitcoin futures open interest (OI) is the total amount of funds allocated in open futures contracts. Bitcoin futures OI has seen a further rebound recently. As Bitcoin’s price approached $70,000 earlier this year, futures OI reached unprecedented levels, signaling renewed investor interest and market engagement.