KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]
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India’s financial committee is reportedly set to present a long-awaited draft bill on crypto regulation in December. The Indian government is actively preparing a draft bill on crypto regulation, which is expected to see light this December, according to documents obtained by digital news website Quartz India Tuesday, Nov. 20. The government has filed a […]
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On what grounds were the creators of India’s first Bitcoin “ATM” arrested this October? Earlier in October, the developers of India’s first Bitcoin (BTC) “ATM” were arrested in the city of Bangalore under criminal charges, in a case that has shaken the local startup community and cast a spotlight on the lack of clarity surrounding […]
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India’s secretary of Economic Affairs has briefed financial officials on cryptocurrency regulation, mentioning “ban” on use of “private cryptocurrencies.” India’s secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies,” according to a report published by the Indian government press center Oct. 31. The Financial Stability […]
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Berkshire Hathaway – whose CEO and chairman is outspoken Bitcoin critic Warren Buffett – has invested around $600 million in two fintech payment firms. Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on […]
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India draws closer to the deadline for a legal battle between the country’s central bank and local crypto exchanges. The Indian Supreme Court has set a deadline of two weeks for the country’s government to present its official position on cryptocurrencies, Indian newspaper The Economic Times (ET) reports Friday, Oct. 26. After multiple delays, the […]
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The head of Indian IT trade organization NASSCOM reportedly stated that cryptocurrency is “illegal” in the country, after two men installing a Bitcoin ATM were arrested The head of an Indian nonprofit trade organization said cryptocurrency is “illegal,” and urged businesses to obey the law, local news daily the Hindu reported Thursday, Oct. 25. Debjani […]
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Japan’s central bank doesn’t want a CBDC. What about others? On October 20, The Bank of Japan’s (BOJ) deputy governor, Masayoshi Amamiya, repeated his negative stance towards central bank-issued digital currencies (CBDC), claiming that such digital currencies are unlikely to improve the existing monetary systems. The concept of CBDC, or national cryptocurrencies, has attracted many […]
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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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India is getting a dedicated group for exploring blockchain expansion courtesy of the Internet and Mobile Association of India. The Internet and Mobile Association of India (IAMAI) is forming a dedicated focus group for blockchain exploration made up of both big business and cryptocurrency players, Indian daily newspaper Economic Times reported Monday, Oct. 15. Confirmed […]
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