Indian Government Panel Suggests Crypto Dealings Should be Illegal, Local Sources Say

An Indian government panel has reportedly proposed regulation making cryptocurrencies illegal via the Reserve Bank of India. An Indian government panel has reportedly suggested a new legal framework within the Reserve Bank of India (RBI) that completely bans cryptocurrencies in the country. English-language Indian media outlet CNBCTV18 reported on the framework on Dec. 6. The […]

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South Korea’s Finance Ministry Considers Taxing Crypto and ICOs, New Minister Reveals

South Korea’s Finance Ministry is considering crypto and ICO taxation in accordance with global trends. South Korea‘s Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings (ICOs), daily English-language newspaper The Korea Times reports Monday, Dec. 3. Hong Nam-ki, South Korea’s new Minister of Economy and Finance as well as new Deputy Prime […]

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Europe Leads the Way With Crypto Exchange-Traded Products

Crypto exchange traded products prove divisive, as the SEC mulls over its latest landmark decision. On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP). Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives […]

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Subreddit /r/Bitcoin Hits One Million Subscriber Milestone

Stalwart if controversial Bitcoin community subreddit “/r/Bitcoin” has hit the one million subscriber mark. Stalwart Bitcoin (BTC) community subreddit “/r/Bitcoin” has hit the one million subscriber mark, according to a post from moderator “ibelite” Dec. 2. One of the most well-known online Bitcoin communities, /r/Bitcoin was founded in September 2010, almost two years after the […]

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BlockShow Asia 2018 Starts in Singapore

BlockShow Asia 2018 is kicking off in Singapore, with experts discussing various developments and challenges facing the blockchain and crypto industries. Blockshow Asia 2018, dubbed “the largest blockchain technology roadshow” by tech news website Venturebeat, started in Singapore Wednesday, Nov. 28. Blockshow Asia, powered by Cointelegraph, is returning to Singapore for the second time bringing […]

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Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?

Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by China? On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]

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