Calibra Rebrands as Novi to Avoid Confusion With Libra
Facebook continues sprucing up for regulators. Go to Source Powered by WPeMatico
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Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. Go to Source Powered by WPeMatico
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. The ban lasted for almost two years. RBI … Read more
RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. Go to Source Powered by WPeMatico
Louisiana Might Soon Offers a License to Bring Crypto Business Back
The Louisiana BitLicense is closer than you might think. Go to Source Powered by WPeMatico
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
80% of Zug’s blockchain startups said they won’t make it through this year Go to Source Powered by WPeMatico
Telegram Puts Final Nail in GRAM’s Coffin After Withdrawing Appeal
Telegram has dropped its appeal against a U.S. federal court’s injunction that forbade Gram distribution, putting a halt to the TON project. Go to Source Powered by WPeMatico
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for … Read more
The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. Go to Source Powered by WPeMatico
Wyoming’s Congressional Blockchain Committee Holds First Meeting
Formerly the blockchain task force, the new congressional committee holds its first meeting, focusing on digital property rights Go to Source Powered by WPeMatico