Advertisements

Digital Currency

Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing

<header class=”article__header”> </header> <strong>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. The report contains the draft bill which proposes a ban on cryptocurrency.</strong> Also …

Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing Read More »

Advertisements

Crypto Bullishness Spreads on Capitol Hill

<header class=”article__header”> </header> <strong>U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, the …

Crypto Bullishness Spreads on Capitol Hill Read More »

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra

<header class=”article__header”> </header> <strong>G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast </strong><strong>regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation.</strong> Also read: G20 Leaders Issue Declaration on Crypto Assets – A …

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra Read More »

Indian Government Breaks Silence on Crypto Regulation

<header class=”article__header”> </header> <strong>The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation has already been submitted by the interministerial committee tasked …

Indian Government Breaks Silence on Crypto Regulation Read More »

SEC Begins Green-Lighting Token Offerings

<header class=”article__header”> </header> <strong>The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims.</strong> Also read: G20 Leaders Issue Declaration on Crypto Assets – …

SEC Begins Green-Lighting Token Offerings Read More »

Complete Indian Draft Crypto Bill Leaked – Experts Weigh In

<header class=”article__header”> </header> <strong>A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry.</strong> Also read: G20 Leaders Issue Declaration …

Complete Indian Draft Crypto Bill Leaked – Experts Weigh In Read More »

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

<header class=”article__header”> </header> <strong>Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill, the Keep Big Tech Out of Finance …

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra Read More »

Thailand Approves 4 New Cryptocurrency Service Providers

<header class=”article__header”> </header> <strong>The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses.</strong> …

Thailand Approves 4 New Cryptocurrency Service Providers Read More »

Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief

A former governor of the People’s Bank of China (PBoC) has indicated that Beijing may delegate the issuance of digital currency to commercial entities, the Hong Kong-based South China Morning Post newspaper reported on July 11. Zhou Xiaochuan, who stood down as head of the central bank in 2018 after 15 years, revealed the country may adopt a new approach for …

Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief Read More »

‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss

Digital currency will form part of all four FANG companies’ offerings by 2021, Tyler and Cameron Winklevoss told CNBC in a new interview on July 9. Speaking about Facebook Libra, the twins, who co-founded cryptocurrency trading platform Gemini, said it was only a matter of time before other tech giants followed suit.  FANG refers to …

‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss Read More »