-Bitcoin news, price, information & analysis
India’s recent problems with cryptocurrencies and the exchanges that trade them has caused investors a lot of stress, both locally and globally. Fortunately for crypto-enthusiasts, dealings have now reached the country’s high courts. Challenging Royal Bank of India’s Crackdown Yesterday, April 22nd, the Delhi high court issued a...
Bitcoin case study: Aniket Patel is an Indian teenager and cryptocurrency investor who is still working on his school exams. Despite this, Patel spends more time checking the Reserve Bank of India’s (RBI) website than scouting for exam results. This is because Patel considers himself a long term...
The Reserve Bank of India (RBI) has explicitly prohibited regulated entities from doing business with any companies dealing in virtual currencies. Last week’s decision raised concerns regarding a full ban on cryptocurrencies, which is not true. The jolted market fears Bitcoin and altcoins will face a drop in...
Over the past few months it’s becoming increasingly difficult for crypto startups to advertise their products and services on the internet. This began in January when Facebook announced it was banning ads that are “frequently associated with misleading or deceptive practices,” including initial coin offerings (ICOs) and cryptocurrencies. Soon, other platforms...
Despite the rumors, Iran’s President Hassan Rouhani has said today that the country is not planning to ban the popular encrypted messaging platform Telegram. Rouhani explained in a meeting with high-ranking state officials that, instead, Iran will be introducing homegrown messaging applications that are aimed at putting an...
The Secretary of the Commonwealth of Massachusetts Securities Division has stopped five firms — Mattervest, Pink Ribbon, Across Platforms, Sparkco, and 18moons — from conducting initial coin offerings (ICOs) for cryptocurrencies. William Galvin, the state’s top securities regulator, has ordered the firms to stop the sale of the “unregistered...
South Korea’s finance minister Kim Dong-Yeon has said that the government has no plans to shut down or ban cryptocurrency trading. The news is a welcome respite for investors worried that authorities might go as far as China in out-right banning cryptocurrency trading and investment platforms. “There is...
Facebook is banning all advertisements for cryptocurrencies, including Bitcoin and initial coin offerings (ICOs), as part of an “intentionally broad” policy against deceptive marketers. Social media giant Facebook has unveiled a new policy that bans advertisements involving cryptocurrencies like Bitcoin and Initial Coin Offerings (ICOs), a popular funding...
Two of Scandinavia’s largest banks have expressed their concern over Bitcoin and other digital currencies. According to a memo sent on Monday, Nordea will no longer allow its employees to trade cryptocurrency. The ban was confirmed by a phone call received by news outlet Bloomberg which also set a...
Despite rumors about the Central Bank of Russia’s short-term plans to restrict access to Bitcoin and cryptocurrency trading platforms, the Bitcoin price has surpassed the $4,860 mark and is heading towards $5,000. “Russia to ban #bitcoin trading!” – Bitcoin doesn’t care, approaching $5,000. Russia doesn’t even account for...
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