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PBOC Plans to Continue “Rectifying Cryptocurrency Activity” in China

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Last year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new … Read more

Bitcoin Prediction Market Fairlay Sees Sizable Volumes

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In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few … Read more

Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations

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This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new … 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

Bitcoin Price Watch: Currency Endures a $300 Jump

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Bitcoin’s price is enjoying a healthy, $300 spike. After yesterday’s price of $6,600, bitcoin is now trading at a solid $6,900. One reason for the jump may stem from new details regarding India’s stance on cryptocurrencies. Over the past few days, several sources have reported that India was entertaining a permanent ban on bitcoin and … Read more