Crypto

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Indian Government Invites Law Firm to Present Suggestions for Cryptocurrency Regulation

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The Indian government has invited lawyers from Nishith Desai Associates to present their suggestions for the country’s crypto regulation. This is in response to the firm’s submission of a proposed regulatory framework for cryptocurrencies. The suggestions include avoiding prohibition, taking a balanced approach, options for licensing, and self-regulation for the industry. Also read: Indian Supreme Court … Read more

EasyDNS Ditches Bitcoin Cash Payments in Favor of Litecoin

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Any company accepting cryptocurrency payments is facing some tough decisions. Especially if the company in question deals with altcoin payments. The bearish market of 2018 and early 2019 creates a lot of dismay. However, there is also the recent Bitcoin Cash “fork” which forced EasyDNS to drop BCH as a payment method altogether. EasyDNS Makes … Read more

Markets Update: Top Crypto Assets Open 2019 With Slow Month of Trading

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The leading cryptocurrency markets have seen a slow start to the year, with the top three markets by capitalization shedding between 10% and 37% since early January’s local highs. January has also seen volatility in market cap rankings, with XRP and ETH competing for the second largest crypto asset capitalization, and EOS, USDT, and BCH … Read more

Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments

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Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are held at home and abroad, and … Read more

Tidbits: Voorhees Believes Maximalism Is Flawed, Craig Wright Self-Proclaimed Largest BTC Holder

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Tidbits summarizes interesting chatter from across the cryptosphere. Today, the crypto community reacts to Erik Voorhees’s argument that maximalism is a flawed ideology. Jonathan Silverblood recommends using the bear market as an opportunity to build while earning crypto and Craig Wright claims he owns more BTC than anyone else in the world.  Also read: Judge Denies Craig Wright’s … Read more

Petitions to End RBI Crypto Banking Ban Advancing in India

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A lawyer representing the Internet and Mobile Association of India in its writ petition against the RBI banking ban has shared new details of the progress to lift the ban with news.Bitcoin.com. The supreme court recognizes the urgency of hearing the RBI case without waiting for the Indian government to introduce crypto regulation. Also read: Indian … Read more

Bitfinex Partnered With at Least 6 Different Banks During 2018

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22 months since Wells Fargo suspended the processing of withdrawals sent by four Taiwanese banks that service Bitfinex, the platform remains among the top 20 exchanges by adjusted volume. While Bitfinex hosted more than $5 billion in trade this past month, the exchange has struggled to establish reliable banking partners, with traders seeking to deposit … Read more

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