Iran Labels Telegram’s Coin a Threat to National Security

Iran Labels Telegram’s Coin a Threat to National SecurityTehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram. Also read: Bill to Curb Iranian National Crypto Filed in US Congress ‘Disruption to the National Economy’ Authorities in […]

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European Regulator Renews Restrictions on Crypto-Based Derivatives

European Regulator Renews Restrictions on Crypto-Based DerivativesEurope’s securities watchdog, ESMA, has decided to extend the restrictions applied to a number of financial derivatives, including contracts-for-differences (CFDs) based on cryptocurrencies. The limits that were introduced in August of this year will now remain in place until the end of January 2019.   Also read: French Regulator Blacklists More Fraudulent Crypto Businesses ESMA […]

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Russian Crypto Groups in Telegram Increase Membership Despite Ban

Russian Crypto Groups in Telegram Increase Membership Despite BanThe members of crypto-related Telegram channels have increased in number since the messenger was banned by a Moscow court in April, according to a study covering the top 50 Russian language groups. Despite a decrease in the views of published posts during the summer months, the readership of all examined groups has jumped by 21%, […]

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Iran Steps Up Plan for National Crypto After US Sanctions

Iran Steps Up Plan for National Crypto After US SanctionsRight after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Also read: New Bill Proposes 5% […]

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Japanese Bitcoin Exchanges Planning Several Trading Restrictions: Report

Japanese Bitcoin Exchanges Planning Several Trading Restrictions: ReportThe association of 16 government-approved bitcoin exchanges is reportedly working on imposing a number of trading restrictions. Jiji Press reported that there is a plan to impose trading limits for all users and additional restrictions for minors and the elderly. This follows recent reports of the association introducing margin trading limits as part of its […]

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Huobi Informs Users on Decision to Launch P2P Trading in India

Huobi Informs Users on Decision to Launch P2P Trading in IndiaFollowing several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. The email notice published by local media promises zero transaction fees for exchanging BTC, ETH, and USDT. Also read: 3 Million […]

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Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

Japanese Crypto Exchanges Working on Lowering Margin Trading LimitsJapanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors. The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules. There will be a grace period and exceptions. Also read: Yahoo! Japan Confirms […]

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Bitcoin Trading in Chinese Currency Drops Below 1% of World Total

Bitcoin Trading in Chinese Currency Drops Below 1% of World TotalBitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms.     Also read: Crypto Exchange Binance Expects up […]

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Associations Challenging Crypto Ads Ban to Proceed with Lawsuit

Associations Challenging Crypto Ads Ban to Proceed with LawsuitFacebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. The claimants want to proceed with filing the lawsuit, despite the policy update. Also […]

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Another Indian Company Challenges Ban on Crypto Banking

Another Indian Company Challenges Ban on Crypto BankingRBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair and unconstitutional.” The company points out that the central bank has not provided any reasons […]

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