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RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
18.1.2020
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide...
Crypto Fundraising Is Changing Again in 2020
4.1.2020
Funding is a prerequisite for any new crypto project, but with IEOs likely to play a reduced role in 2020, where will the all-important capital come from? While minted entities like Ripple, Tezos, and Tron certainly have the means to plow tens of millions into their chosen ventures, they...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
TCS Presents Blockchain-Supported Quartz DevKit For Business Entities
17.12.2019
Working as the brainchild of the globally reputed Indian conglomerate, the Tata Group, Tata Consultancy Services, has broadcasted the news about the launch of a revolutionary blockchain-pegged development kit branded by the name of Quartz DevKit. On Monday, the world-class technology firm TCS broke...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
Lithuania’s Central Bank Opts Leading Entities IBM and Tieto For LBChain Development
24.10.2019
Serving as Lithuania’s Central Bank, the Bank of Lithuania has picked up IBM Poland and Teito Lithuania to work for the final stage development of its blockchain network, LBChain. The two entities will be working separately on their individual models and the bank will announce the winner after...
Greyp Collaborates With Two Blockchain Entities to Launch an Automatic Payment System
24.10.2019
Greyp, the sister concern of leading car manufacturing firm Rimac Automobili, has entered into a strategic partnership deal with two blockchain-based platforms- slock.it and the Energy Web Foundation or the EWF. The collaboration aims to curate an automatic payment system for Greyp’s IoT vehicles....
Coinbase UK CEO: We Need Centralized Entities to Support Crypto
24.10.2019
Coinbase UK’s CEO says centralized entities like central banks and Facebook remain necessary for the support and adoption of crypto
Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin
3.10.2019
Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...
Cere Network Raises 3.5M Dollars From Multiple Entities Including Binance Labs
20.8.2019
Cere Network, a start-up developing CRM (customer relationship management) software based on blockchain, has just raised 3.5 million dollars from leading organizations including Binance Labs. Other entities that have invested in Cere Network include Neo Global Capital, Arrington XRP Capital...
Bitfinex Claims ‘New York’ Customers Cited by NYAG Are Foreign Entities
23.7.2019
Supposed New York residents and companies that used Bitfinex's trading platform were actually "foreign entities," according to a new filing by the exchange's attorneys
Top-6 Issues Experts/Entities Have With Libra
11.7.2019
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks
The Provident Bank Now Offers Deposit Services for Crypto-Related Entities
10.7.2019
The Provident Bank has started offering deposit and other banking services to cryptocurrency issuers, exchangers and investors
Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash
24.5.2019
Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders...