Pakistanis Find Ways to Trade Bitcoin Rendering Ban Ineffective

Pakistanis Find Ways to Trade Bitcoin Rendering Ban IneffectiveThe crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual traders, however, are finding alternative ways to acquire or sell cryptocurrencies, defying the warnings and […]

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P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

P2P Trade Spikes in Canada amid Bank Restrictions on Crypto TransactionsThe volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the […]

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New Local Crypto Street Exchange Shop Trades Bitcoin for Cash in Central Moscow

New Crypto Change Trades Bitcoin in MoscowA change bureau trading bitcoin has been opened in the Russian capital. According to local media, this is the only currency exchange in Moscow buying and selling cryptos for cash. Lawyers say nothing in the law prohibits this kind of service, and the business is legal.  Also read: Russians Owe 13% Tax on Their Crypto […]

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Antigua and Barbuda to Set Up a Cryptocurrency Exchange

Antigua and Barbuda to Set Up a Cryptocurrency ExchangeThe government of Antigua and Barbuda has decided to set up a cryptocurrency exchange. Authorities in St. John’s want to generate revenue for the nation’s treasury and place the country “on the cutting edge of the new system of creating wealth”. The local parliament is set to review and adopt the relevant legal framework. Also […]

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Bitcoin Trade Drops in India Amid Uncertainty and Clampdown

Bitcoin Trade Drops in India amid Uncertainty and ClampdownRegulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the same time, leading […]

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Japan to Call for Crypto Rules at the G20 Summit

Japan to Call for Crypto Rules at the G20 SummitJapanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.    […]

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Vladivostok Discussed as Russia’s New ”Crypto Hub”

Vladivostok Discussed as Russia’s New ”Crypto Hub”Bankers and government officials have discussed the possible creation of a crypto valley on Russia’s Pacific coast. Representatives of the Central Bank and the executive power in Moscow have taken part in the consultations initiated by the Fund for Development of the Far East. The city of Vladivostok, where local authorities want to allow cryptocurrency […]

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