Indian police have sought a court directive to move $1.2 million seized from a BTC ponzi scheme last year that has been frozen due to the country’s anti-crypto laws. The police of Pune, a city in the western Indian state of Maharashtra, have sought a court’s directive to transfer 85 million Rupees seized from a […]
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U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
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Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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Africa’s largest bank by assets, Standard Bank, has joined blockchain-based trade finance consortium, the Marco Polo Network. Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network. Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch […]
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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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Nasscom, a major Indian IT trade organization, said it is against a recently proposed government ban on crypto, offering alternative solutions. Nasscom, a major Indain trade organization, has said that it is against a blanket ban on cryptocurrencies, which was recently proposed by a governmental panel in the country According to a report by local […]
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India’s Minister of State for Finance says there is no law that specifically bans cryptocurrency use in India. India’s Minister of State for Finance Anurag Thakur has said that there is no law in India expressly prohibiting the use of cryptocurrencies. Local media outlet Inc42 reported Thakur’s statement on July 19, The statement came during […]
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The U.S. congressional hearings on Libra may determine the future of the project. Here is what regulators think about Facebook’s crypto… This week is crucial for the future of Libra: Facebook’s cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on […]
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Draft legislation that would allegedly impose a ban using cryptocurrencies in India is being circulated by local blockchain legal experts on social media. Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media. An unverified document published to Scribd […]
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Indian authorities expressed concerns over Facebook’s long-awaited stablecoin Libra. India’s authorities have expressed concern over Facebook’s forthcoming stablecoin Libra, Bloomberg reported on July 8. Subhash Garg, Economic Affairs Secretary at India’s Ministry of Finance, told Bloomberg that the “design of the Facebook currency has not been fully explained. But whatever it is, it would be […]
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