Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin
Nordea Bank can now officially bar its employees from owning cryptocurrencies, according to a court ruling Go to Source Powered by WPeMatico
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Russia Reportedly Considers Ban on Using Crypto as Means of Payment
Sources have claimed Russia is considering the introduction of a ban on the use of crypto to pay for goods and services Go to Source Powered by WPeMatico
Indian Crypto Industry Optimistic After Binance Enters the Market
After the delay on proposed blanket ban on crypto and Binance entering the country, are crypto businesses relieved? Go to Source Powered by WPeMatico
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what the bank unions call “cold-blooded murder of six banks.” Also read: Indian Finance Minister … Read more
Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed Finance Minister Talks Crypto At the … Read more
Russia Blocks 2 Crypto News Websites
Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information that have been banned … Read more
Supreme Court of India Postpones Cryptocurrency Ban Hearing to November
The India Supreme Court has postponed a hearing regarding the Reserve Bank of India’s policy that bans financial institutions from giving services to crypto businesses Go to Source Powered by WPeMatico
Indian Supreme Court Postpones Crypto Case to November
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police … Read more
Major Exchanges Urge UK Regulator to Not Restrict Crypto Derivatives
The WFE has appealed to the United Kingdom’s financial regulator not to ban cryptocurrency derivatives for retail investors Go to Source Powered by WPeMatico
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their savings. The bank has 137 branches across India. Also read: RBI Ban Stops … Read more
