After Telegram, Viber May Be Blocked, Russian Minister Says

After Telegram, Viber May Be Blocked, Russian Ministers SaysViber may be treated like Telegram if security services are not able to obtain its encryption keys, Russia’s telecom minister said. The app offers end-to-end encryption, and is the most popular messenger in several Eastern European countries. Recently, its CEO, Michael Shmilov, said the company would not be able to hand over the keys. Also […]

The post After Telegram, Viber May Be Blocked, Russian Minister Says appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

Young New Zealand Man Spared Jail for Dealing Drugs With BitcoinThis week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong […]

The post Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin in Brief Thursday: Crypto Traders in Troubled Waters

Bitcoin in Brief Thursday: Crypto Traders in Troubled WatersIn today’s Bitcoin in Brief – crypto traders are in trouble due to issues with the trading platforms they have trusted. Hacked Italian Bitgrail exchange is closed again after a brief reopening. It suspended operations on request from the court of Florence, following a petition  filed on behalf of one of its creditors. Also, beleaguered […]

The post Bitcoin in Brief Thursday: Crypto Traders in Troubled Waters appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its Name

US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its NameA U.S. District Court has ruled against Chinese conglomerate Alibaba Group in favor of a Dubai-based cryptocurrency foundation, Alibabacoin. The judge says Alibaba Group did not show any jurisdiction in the U.S. and China’s ban on initial coin offerings eliminates any potential confusion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space No Jurisdiction for […]

The post US Court Rules Alibaba Powerless to Stop Cryptocurrency Using Its Name appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges Against Banks

Chilean Minister Supports Crypto After Court Sided With Exchanges Against BanksThe Chilean Minister of Economy has voiced his support for cryptocurrencies after the country’s anti-monopoly court ordered major banks to re-open the accounts of crypto operators. Three banks out of the 10 sued by local cryptocurrency exchange Buda have been ordered to re-open crypto exchange accounts. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

The post Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges Against Banks appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Reserve Bank of India Faces Lawsuit Over Attempt to Ban Cryptocurrency Trading

Themerkle Reserve Bank of India CourtWhen regulators attempt to clamp down on Bitcoin and cryptocurrency activity, the public will respond in one way or another. In India, it seems things are heading in a completely different direction compared to what one would expect. With the central bank recently attempting to ban Bitcoin activity, the institution now faces legal ramifications for doing so. India’s Central Bank in the Hot Seat For as long as most cryptocurrency enthusiasts can remember, India has had a difficult relationship with Bitcoin and other cryptocurrencies. The situation has been uneasy from day one and will remain troubled for quite some time. Even though

Go to Source

Powered by WPeMatico

Binance Exchange Founder Sued by VC Fund Sequoia Capital

Binance Exchange Founder Sued by VC Fund Sequoia CapitalSequoia Capital, a venture capital firm headquartered in Menlo Park, California is suing the Chinese founder of the cryptocurrency exchange Binance, Changpeng Zhao (better known as CZ). The American VC fund reportedly accuses CZ of allegedly negotiating with another firm while he signed an exclusivity agreement with Sequoia. Also Read: Bitcoin in Brief Wednesday: Crypto […]

The post Binance Exchange Founder Sued by VC Fund Sequoia Capital appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Indian Exchange Takes Central Bank to Court Over Bank Ban

Indian Exchange Takes Central Bank to Court Over Bank BanThe Indian bitcoin community keeps fighting for their rights to operate freely in the country like any other industry. The latest show of defiance is a petition to the court against the actions of the Reserve Bank of India by the operators of a local exchange. Also Read: SPI Solar to Host 5,000 Bitcoin Miners […]

The post Indian Exchange Takes Central Bank to Court Over Bank Ban appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico