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The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the … Read more
RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social … Read more
While the ICO craze has had a number of industry-shaping benefits, this new approach to funding has also been exploited by snake oil salesmen and outright scammers. As such, it’s worthwhile to look into the emerging projects in the cryptocurrency space that have elected not to adopt the ICO model. Earlier this quarter, we explored … Read more
Indian cryptocurrency exchanges have followed the Supreme Court’s suggestion for them to present their cases to the Reserve Bank of India. They have sent letters to the central bank, offering alternatives to the RBI’s banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court’s Suggestion Cryptocurrency exchanges in India have reportedly sent … Read more
There are a lot of concerns regarding bans on cryptocurrency ads by major technology firms. Facebook, Twitter, Microsoft, and Google have all taken similar actions in this regard. Even so, it is Google’s decision in particular which has irked a lot of people, and it seems the company will face even more backlash over this development. The Google … Read more
With Google’s ban on cryptocurrency advertising set to formally come into full effect this month, many representatives of the cryptocurrency and investment industries have spoken out against the company’s move. Also Read: Russian Court Overturns Decision to Block Bitcoin Website Google Ban Expected to Come Into Effect This Month Google announced that it would ban cryptocurrency … Read more
After approving 16 cryptocurrency exchanges, the Japanese financial regulator is reportedly set to reject a crypto exchange application for the first time. The applicant is an exchange which has been suspended twice from carrying out any crypto activities and received two business improvement orders. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The First Rejection … Read more
Vietnam’s Ministry of Finance has officially proposed that the country bans the import of cryptocurrency mining equipment. Bitcoin mining rigs are currently easily imported into Vietnam. This proposal follows the largest crypto fraud case in the country involving over $656 million and more than 32,000 victims. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry … Read more
Crypto exchange Golix is entering three other African markets in an effort to survive the ban imposed by the central bank in its home country – Zimbabwe. Moreover, the troubled trading platform claims the move is part of a strategy to offer its services across the whole continent. Golix says the shortage of infrastructure has … Read more
Despite reports of the Zimbabwe High Court’s reversal of the Reserve Bank of Zimbabwe’s (RBZ) recently issued cryptocurrency ban, the country’s leading bitcoin exchange, Golix, is yet to restore trading on its platform. In an email recently sent to customers of the exchange, Golix sought to clarify that it has been granted “an interim relief,” … Read more
