Bitcoin

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India Divided on Whether to Ban Crypto Use

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As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. Also read: Russian Regulators … Read more

Bitcoin Price Watch: Currency Hasn’t Moved, but is Another Bull Run on the Way?

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Bitcoin’s price remains virtually unchanged from yesterday’s $8,900 mark. While $9,000 hasn’t been reached just yet, sentiment remains that the currency could strike this territory in the coming days. What’s interesting is that despite certain regulatory maneuvers inching forward, bitcoin and cryptocurrencies remain popular enough to fight ongoing resistance levels. In the past, when bitcoin … Read more

WikiLeaks Calls for a Boycott of Coinbase After Losing Access to the Service

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The relationship between Coinbase and WikiLeaks is deteriorating rather quickly. More specifically, Coinbase has blocked WikiLeaks from accepting Bitcoin payments through its store, although the real reason for that decision remains unclear. To retaliate, WikiLeaks has announced a “global blockade” of the payment processor, which will take place next week. WikiLeaks and Coinbase Situation Worsens A lot … Read more

Russian Government Concerned Crypto Bill Inadequate in Many Ways

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The Russian government has officially provided a response to the bill that seeks to outline the legal framework for cryptocurrencies. Many flaws and inadequacies were pointed out including unjustified restrictions on Russian residents and foreign investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Response to Crypto Bill The Russian … Read more