Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban

Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban … Read more

Indian Supreme Court Heard Crypto Petition but Upholds RBI Ban – Effective in 2 Days

The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives. Also read: Yahoo! Japan Confirms Entrance Into … Read more

Polish Bitcoin Association Seeks Protection from Alleged Banking Embargo

The Polish Bitcoin Association has reportedly appealed to Poland’s Office of Competition and Consumer Protection (OCCP) to protect the country’s cryptocurrency sector from what it perceives as a growing embargo targeting virtual currency businesses on the part of Polish financial institutions. Also Read: The 2018 Crypto-Bear Market Less Severe Than 2014, At Least for Now Polish … Read more

Crypto Exchange Resumes Trading in India Despite Problems with Banks and RBI

Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Belfrics Resumes … Read more

Wendy McElroy: Crypto as Class Warfare

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 1 Crypto as Class Warfare “Antagonism between the classes will be removed. I do not envisage a dead and artificial level among the people. There will be a variety among them as there is among the leaves of a … Read more

Crypto Exchange Buda Subject of Sudden Banking Embargo in Colombia

Major Latin American bitcoin exchange, Buda, recently suddenly become the subject of a banking embargo in Colombia, according to local reports. Buda similarly experienced the termination of its Chilean banking services in March of this year. Also Read: Six Major Banks in Chile Sued by Another Cryptocurrency Exchange Buda Suffers Termination of Banking Services in Colombia … Read more

Circle Is Pursuing a US Banking License

Boston-based crypto-focused financial services firm Circle plans to seek a federal banking license to diversify the services it offers to its users. According to a Bloomberg report yesterday, the firm also plans to pursue licensing as a brokerage and trading venue to facilitate the sale and purchase of digital assets which may be categorized as … Read more