Police Arrest Indian Crypto Exchange Co-Founder for Unregistered ‘Illegal’ Bitcoin ATM

Police have seized an allegedly unregistered Bitcoin ATM machine in India and arrested its owner, the co-founder of domestic crypto exchange Unocoin. The co-founder of Indian crypto exchange Unocoin has been arrested shortly after setting up an allegedly unregistered Bitcoin (BTC) ATM machine in Bangalore, English-language daily Times of India reports Oct. 24. The 37-year-old […]

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Dash CEO Ryan Taylor: Central Bank-Issued Cryptocurrencies Are the ‘Inevitable Future’

The CEO of Dash, Ryan Taylor, told Cointelegraph that he believes that central bank-issued cryptocurrencies are the “inevitable future.” The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct. 23 that  central bank-issued cryptocurrencies are the “inevitable future,” but it will be people who “will decide what form of money they […]

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New Protocol to Enable Transfers between Bitcoin and Ethereum Blockchains

sponsored An open-source protocol is enabling users to transfer value from one blockchain to another, preventing isolation and removing barriers to trading. A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated […]

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Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars

Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, according to an announcement published Oct. 23. The underlying technology behind USDC was developed […]

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Russia: Business Lobby Group Sends Prime Minister Medvedev Proposal on Crypto Regulation

A lobby group of Russian entrepreneurs has presented their alternative to the current draft bill on cryptocurrencies to Prime Minister Dmitry Medvedev. A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. […]

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Financial Giant SBI Group to Develop Wallet Following New Partnership

Japanese financial services giant SBI Group will develop a wallet following a partnership with Danish cryptography services firm Sepior ApS. Japan-based financial services firm SBI Group and Danish cryptography services company Sepior ApS have partnered to jointly develop a proprietary wallet, according to an announcement published Oct. 13. The wallet is set to ensure secure […]

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