Category: Reserve Bank

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Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore

Five Petitions Pile Up Against India's Crypto Crackdown – High Courts Ordered to IgnoreFive writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency […]

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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 […]

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Bitmex Research: New Data Points to Noble Being Tether’s Primary Reserve Bank

Bitmex Research: New Data Points to Noble Being Tether’s Primary Reserve BankOne of the biggest mysteries in the cryptocurrency world at the moment is the location of the vast USD reserves meant to be backing Tether. The stablecoin is used by many exchanges as a proxy for fiat in trading pairs which makes its solvency a critical issue at the heart of the entire ecosystem. Now, […]

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