The bank has failed in its duty to respond to complaints over the ban it instigated last year, judge rules. India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints. Judge: RBI has not properly responded to representation In the latest session […]
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The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for boosting Bitcoin’s price. The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for igniting Bitcoin’s price. In a column for Nikkei Asian Review on Aug. 21, Henry Sender said […]
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Everex has received a full Money Transmitter License from a New Jersey regulator, allowing it to expand cryptocurrency trading service in the U.S. market. Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States. In a press release shared […]
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Gemini founders Tyler and Cameron Winklevoss say they are open to partnering with former rival Mark Zuckerberg on Libra. Tyler and Cameron Winklevoss — Bitcoin (BTC) bulls and founders of the Gemini crypto exchange — say they are open to partnering with archrival Mark Zuckerberg on Libra. CNN Business reported on Aug. 19 that the […]
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Cryptocurrencies like Bitcoin will help drive gold price higher, according to veteran frontier markets investor Mark Mobius. Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will boost the price of gold. Canadian finance news outlet BNN Bloomberg interviewed Mark Mobius on Aug. 20. The legendary investor believes cryptocurrencies will help the rise of gold. […]
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The People’s Bank of China is almost ready to launch its government-backed digital currency, official sources say. The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say. An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency […]
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A cryptocurrency nonprofit is filing a court petition for Israeli banks to provide regulatory clarity on their crypto policies. The Israel Bitcoin Association, a nonprofit organization that promotes the use of Bitcoin (BTC) and cryptocurrencies, has reportedly filed a freedom of information petition with a Jerusalem court. The petition purportedly seeks to require local banks […]
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Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000 […]
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The Association of Cryptocurrency Enterprises and Startups, Singapore, has developed a Code of Practice in partnership with multinational law firm Linklaters. The Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS) has developed a Code of Practice in partnership with multinational law firm Linklaters. A Global Legal Post report published Aug. 19 revealed that ACCESS had […]
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Beijing’s state-issued offering might also help keep funds flowing into bank deposits, mainstream media reports. China’s answer to Facebook’s Libra digital currency could help the central bank attract business away from Alipay and WeChat Pay. Speaking to mainstream media outlet the South China Morning Post (SCMP) on Aug. 19, Cindy Wang, an analyst at DBS […]
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