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The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community has already been enduring a banking ban by the central bank. Also read: […]
The post Crypto Can Boost Indian Economy – How Banning Will Hurt it appeared first on Bitcoin News.
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Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired a program discussing the bill, and three Right to Information requests have […]
The post Indian Crypto Community Petitions Government for Regulation appeared first on Bitcoin News.
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Ross Ulbricht’s clemency petition is closing in on 160,000 signatures stemming from individuals asking U.S. President Donald Trump to pardon Ulbricht. In addition to the vast number of signatures, roughly 100 eminent organizations and well known figures have supported Ulbricht’s effort, many of whom have written a statement on Ulbricht’s behalf in order to speak […]
The post Ongoing Effort to Free Ross Supported by 100 Eminent Organizations and Individuals appeared first on Bitcoin News.
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One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. Three rejection orders made on August 22 are now stayed pending the review by the SEC Chairman and the Commissioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
The post SEC Wants Second Look at Nine Bitcoin ETFs appeared first on Bitcoin News.
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Ross Ulbricht was sentenced to life in prison back in 2015 for operating the Silk Road marketplace but many people believe he should be set free. The Ulbricht family, aided by his new Twitter account @RealRossU, has managed to gather close to 60,000 signatures in a petition for his clemency. Meanwhile, many questions surrounding the […]
The post Silk Road Questions Unanswered as Ulbricht Gathers 60K Clemency Signatures appeared first on Bitcoin News.
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Robert K. Hur, United States Attorney from the Maryland district, filed a motion on July 20, 2018 to dismiss a 2013 three-count indictment against Ross Ulbricht which included murder-for-hire allegations. Mr. Ulbricht, 34, was prosecuted under a separate indictment out of the New York district as Dread Pirate Roberts, principal operator of underground online marketplace […]
The post Ross Ulbricht Murder-for-Hire Indictment to Be Dismissed appeared first on Bitcoin News.
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The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. Also read: Yahoo! Japan Confirms […]
The post Indian Crypto Regulation Ready by September: Official appeared first on Bitcoin News.
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The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives. Also read: Yahoo! Japan Confirms Entrance Into […]
The post Indian Supreme Court Heard Crypto Petition but Upholds RBI Ban – Effective in 2 Days appeared first on Bitcoin News.
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Indian cryptocurrency exchanges have followed the Supreme Court’s suggestion for them to present their cases to the Reserve Bank of India. They have sent letters to the central bank, offering alternatives to the RBI’s banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Supreme Court’s Suggestion Cryptocurrency exchanges in India have reportedly sent […]
The post Indian Crypto Exchanges Engage with RBI to Offer Banking Ban Alternatives appeared first on Bitcoin News.
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