Advocate From Supreme Court Of India Insists Cryptocurrencies Cannot Be Regulated

Lawyer Abraham C. Mathews describes himself as “a supreme court advocate and a chartered accountant who practices in the supreme court as well as the high court and some of the tribunals in Delhi.” Advocate from Supreme Court Of India insists cryptocurrencies cannot be regulated.   He wrote an article voicing his opinion on cryptocurrencies […]

Iran May Ban Bitcoin for Payments

Central Bank report suggests that Iran may ban bitcoin for payments. The Central Bank of Iran seems set to deny “unapproved” cryptocurrency from being utilized for utilized in the nation. It said, “Any cryptographic money wallets will be utilized just to hold and exchanging digital forms of money and incorporating any sort of administrations in wallets […]

Coincheck Granted License A Year After Major Hack

Coincheck granted license a year after major hack. Finally, Japanese cryptocurrency exchange Coincheck has been granted an operating license by Japan’s finance regulator, the Financial Services Agency (FSA). Almost one year after more than  $0.5 billion hacking incidents.   Hack Coincheck, which was hacked in January 2018, which resulted in losing New Economy Movement (NEM) […]

Overstock’s tZero Applies For Patent

Overstock’s tZero Applies For Patent – tZero a cryptocurrency subsidiary of e-commerce giant Overstock.com has filed a patent for a “Crypto Integration Platform” for trading digital assets. The patent was published by the United States Patent and Trademark Office on Jan. 1,2019. The patent is filed in order to be able to trade “digital transactional […]

Hong Kong’s New Regulation ‘Might’ Be Harmful to Local Crypto Industry

Hong Kong’s New Regulation ‘Might’ Be Harmful to Local Crypto Industry. New regulations for crypto-related companies, might prevent crypto entrepreneurs from entering the market. Timothy Loh, the owner of a local law firm, told that some entrepreneurs might decide not to participate in the new framework in order to “maintain their current shares in the […]

Egypt’s Central Bank Conducting ‘Feasibility Studies’ Around Digital Currency Issuance

Egypt’s Central Bank Conducting ‘Feasibility Studies’ Around Digital Currency Issuance. However, the central bank of Egypt wants to introduce a digital version of the Egyptian pound to reduce costs. Subsequently, Ayman Hussein, sub-governor of the Central Bank of Egypt (CBE), told that “feasibility studies” were currently ongoing. Additionally, Egypt believes a blockchain-based digital version of […]

China Continues Its Resistance Against Cryptocurrency

China Continues Its Resistance Against Cryptocurrency. China’s focal and biggest bank by market capitalization has authoritatively prohibited all Security Token Contributions (STO). Also, any related speculation and organizations engaged with the training. Government’s Resentment According to the South China Morning Post on Dec. 10, 2018, the ambitious and upcoming STO market will pick up footing […]

SEC Holding Its Decision On VanEck-SolidX Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) broadened a standard change proposition permitting the country’s first bitcoin trade exchange reserve (ETF). Driving the choice due date to one year from now. In a notice posted on the web, the securities controller said it was broadening the survey time frame for the ETF to Feb. 27, […]

Malaysian Finance Minister Hints At Regulating Crypto In Early 2019

Malaysia will enact regulations for cryptocurrency and Initial Coin Offerings (ICO) in Q1 2019. Malaysian Finance minister Lim Guan Eng, who said the country’s regulator, the Securities Commission (SC), had informed him a new time-frame for the regulatory rules. The move will form “part of the SC’s efforts to facilitate alternative fundraising avenues and new […]

More Regulations On Cryptocurrencies

More Regulations On Cryptocurrencies – Wissanu Krea-Ngam (Deputy Prime Minister of Thailand)  has called for more regulations on cryptocurrencies. While Thailand presented an administrative system for digital forms of money recently. Krea-ngam encouraged that new estimates must be presented both locally and universally. With the end goal to stay aware of new strategies and dangers […]