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Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
3.9.2020
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads
20.7.2020
Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google...
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...
Will India Ban Crypto? 5 Exchange Executives Shed Light on the Truth
17.6.2020
There has been some confusion over whether India will ban cryptocurrency, including bitcoin, following recent reports of a note being circulated by the government. News.Bitcoin.com interviewed executives of five cryptocurrency exchange platforms in India to find out the truth about the news. Indian...
Russian Ministry Slams Bill to Ban Crypto: Will India Follow the Suit?
13.6.2020
The world is standing still this year, every other day we come across something that makes us question, what else are we going to witness this year? And yesterday it was yet another day where the crypto community in India was left in doubt when the finance ministry of India proposed a bill in...
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
11.6.2020
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.” Russian Ministry...
Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill
10.6.2020
Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by...
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
16.3.2020
Russia’s crypto bill will ban crypto issuance and circulation, a legal exec at the country’s central bank says
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Reason to Ban Crypto
6.2.2020
The RBI’s defense of its crypto ban has so far consisted of the finance body claiming that cryptocurrencies can have a negative impact on the nation’s financial stability
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...
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...
These Are the Bitcoin Stories You Loved in 2019
2.1.2020
2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed....
Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India
30.12.2019
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.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian...
The Indian Crypto Dream Finally Coming to an End, As Lower House Introduces Bill to Ban Crypto
25.7.2019
After a thousand speculations and several months of expectations, the Indian crypto dream is finally coming to a dead end. The Lok Sabha, the lower house of the Parliament has introduced a bill to ban cryptocurrencies, incorporating a prison term of up to 7 years. The bill, titled ‘Banning...
India To Ban All Digital Tokens, As Per Bill Leaked Online; McAfee Says It’s Impossible To Ban Crypto
17.7.2019
India has been one of the worst nightmares for the crypto industry. While the land has been generally supportive towards other technologies, it has been absolutely hostile towards decentralized currencies. Things were expected to get better after the intervention of the Supreme Court but have...
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies