Veteran Investor Jim Rogers Optimistic About Future of Crypto Money

Veteran Investor Jim Rogers Optimistic About Future of Crypto MoneyRenowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he has “optimism about the future of crypto money.” However, he is skeptical of central bank digital currencies and warned that the world is looking for something to replace or compete with the U.S. dollar. Jim Rogers on Bitcoin, Crypto, […]

Go to Source

Powered by WPeMatico

Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History

Ron Paul Cautions Government Could Still Ban Bitcoin — Says He's Influenced 'a Whole Lot' by HistoryFormer U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a whole lot by history and the gold history.” Despite his warning, Paul stressed that crypto “should be obviously permitted.” Ron Paul Discusses Bitcoin as Interest in Crypto Rises Former presidential candidate Ron Paul discussed […]

Go to Source

Powered by WPeMatico

Pakistan’s Central Bank Decides to Completely Ban Cryptocurrency: Report

Pakistan's Central Bank Decides to Completely Ban Cryptocurrency: ReportThe State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked the Sindh High Court to ban “unauthorized operations” of crypto exchanges and impose penalties on them. Pakistani Interministerial Committee Recommends Banning Cryptocurrency and […]

Go to Source

Powered by WPeMatico

India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated

India's Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be RegulatedA renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary Policy Committee Member Says a Complete Crypto Ban Is Difficult to Implement Ashima […]

Go to Source

Powered by WPeMatico

Legal Experts Say It’s Too Late to Ban Crypto, India Needs Comprehensive Regulation

Legal Experts Say It's Too Late to Ban Crypto, India Needs Comprehensive RegulationIndian legal experts reportedly say that it is too late to ban cryptocurrency despite calls for a complete crypto ban by the central bank, the Reserve Bank of India (RBI). The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, also passed a resolution calling for an outright ban on crypto. Meanwhile, […]

Go to Source

Powered by WPeMatico

India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

India's Swadeshi Jagran Manch Calls for Outright Ban on CryptocurrencyThe Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch Wants Crypto Outrightly Banned in India The Swadeshi Jagran Manch (SJM), the Indian economic, […]

Go to Source

Powered by WPeMatico

Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work

Indian Central Bank RBI Favors Complete Cryptocurrency Ban, Says Partial Ban Won't WorkIndia’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban will not work. The central bank reiterates that it has serious concerns regarding crypto. Meanwhile, the Indian government is reportedly making additional changes to the […]

Go to Source

Powered by WPeMatico

UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons

UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental ReasonsJust before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban. […]

Go to Source

Powered by WPeMatico

SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress

SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use of cryptocurrencies. SEC […]

Go to Source

Powered by WPeMatico

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of CryptocurrenciesFederal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto The chairman of the Board of Governors of the Federal Reserve System, […]

Go to Source

Powered by WPeMatico