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The Challenge of Conforming Crypto to the Language of Regulation – or Vice Versa

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An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law Language Barrier Between Regulators and Crypto Community A recent article authored by Jonathan Chester, the chief executive officer of Bitwage, … Read more

Indian Crypto Exchanges Strategize to Challenge RBI Crackdown

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Indian crypto exchanges are devising strategies to challenge and respond to the Reserve Bank of India’s order to prohibit banks from servicing businesses dealing in cryptocurrencies. News.Bitcoin.com talked to Sathvik Vishwanath, CEO of a leading Indian exchange Unocoin, to find out more details. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Going International … Read more

Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban

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Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of … Read more

Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries

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Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in … Read more

The @Bitcoin Twitter Account Is Back

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The suspension on Sunday of @Bitcoin, one of the oldest and most popular Twitter accounts, has raised a raft of questions. Suspensions of high profile Twitter accounts are rare and are usually accompanied by some sort of official explanation, with doxxing or harassment usually cited. With no official word on why @Bitcoin was suspended and … Read more

Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular

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The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies … Read more

Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

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Cryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, … Read more

More Communities Join the Legal Action against Crypto Ads Ban

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Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs … Read more

Here’s Why Kazakhstan Won’t Ban Mining and Cryptocurrencies

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This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. Over the past few days, crypto media have been stirred up by the news that the government of Kazakhstan is considering a ban on cryptocurrency mining. … Read more

India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital Coin

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The Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study … Read more

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