Libra’s Future in India is Uncertain
Cryptocurrencies haven't been favored within the Indian regulatory landscape. This has left questionmarks on Libra. According to anonymous sources, Facebook has not submitted any...
Crypto Service Providers MUST Register With FinCEN
FATF (Financial Action Task Force) has made the first steps in providing better regulatory clarity regarding exchanges and service providers in the space.
What is...
Regulators Deliberate About Crypto Legislation in Preparation for G20 Summit
FATF is expected to release proposals on the 21st of June with the aim of setting new international standards for crypto businesses. Different legislators...
Facebook Has A Date With the US Senate Banking Committee
A few days ago Facebook released Libra, their “cryptocurrency.” Since then there has been a lot of excitement and confusion about the coin’s release....
Decentralized Exchange Bancor Restricts US Users From Trading on its Platform
According to a post on Bancor's blog yesterday, Decentralized exchange Bancor, cited increased regulatory uncertainty as the cause of its decision to restrict US...
Russia’s Central Bank might Launch its own Digital Currency
At a student conference, Chairwoman Elvira Nabiullina said such a project may not be realized immediately. But various central banks, including Bank of Russia,...
Regulators Increase Users Liability for Crypto Exchanges in South Korea
The Korea Herald released reports on June 17, explaining that five cryptocurrency exchanges in South Korea have increased their liability to users. The actions...
Bittrex Delists More Altcoins for US Traders
Bittrex has introduced new restrictions for US traders. The exchange will delist a total of 74 coins, which will no longer be tradeable in America.
It seems...
India’s Proposed Bill to Ban Cryptocurrencies is Worse Than That of China.
While China's ban was harsh, India's proposed ban would be much worse and harsher than China's.
The bill named the Banning Cryptocurrencies and Regulation of...
Americans Won’t Be Able to Use Binance
One of the largest crypto exchanges Binance has updated its terms of use. Soon, its services will be unavailable to US-based traders.
In an official announcement,...