Category Archives: Crypto Daily

Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular

The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies and tokens, the document states.     Also read: India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital Coin Bitcoin, Pakcoin, Onecoin… Deemed Illegal Pakistan’s central bank says virtual currencies like […]

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Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Cryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs Digital Asset Exchanges of India Petition The Indian cryptocurrency community has reacted swiftly to the recent Reserve Bank of India (RBI) action against it, which directed all regulated entities […]

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More Communities Join the Legal Action against Crypto Ads Ban

Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs and Cryptocurrency Token Sale Ads Lawsuit to Be Filed In May Organizations uniting cryptocurrency investors and blockchain companies from three more countries have supported the class action against internet giants banning crypto […]

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PR: Dynatiq Announces ICO for Their Blockchain Based Domains & Websites Marketplace

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Dynatiq, a decentralized domain and website marketplace, announces token event starting 25th April 2018. Dynatiq is set to be the backbone of the domain industry. Dubai, UAE: As of January 1, 2018, a total of global internet users was approximated to be […]

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PBOC Plans to Continue “Rectifying Cryptocurrency Activity” in China

Last year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new “reforms and supervision.” Also read: Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations The PBOC Aims to Strengthen Virtual Currency Supervision Ever since last year, China’s central bank has had it out for cryptocurrencies […]

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ASIC Resistance Increasingly Hot Topic in Crypto as Monero Forks

Monero, a leading privacy-centric cryptocurrency, has undergone a hard fork in recent days – producing a new Monero chain in addition to the now renamed ‘Monero Classic’. The fork was initiated to protect Monero against mining centralization, as Bitmain had developed ASIC units purpose-built for mining XMR tokens. Also Read: “Private Digital Money” Better than State-Issued, Swiss Central Banker Says Monero Announces Network Upgrade On the 28th of March, Monero announced that it had scheduled a major upgrade for April 6th – which would see network undergo a […]

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First Soros, Now Rockefellers Move into Cryptocurrency

First, if reports are to be believed, legendary investor George Soros was found to be investing in cryptocurrency. Now, Venrock, a 3 billion USD venture capital firm owned by storied American family, the Rockefellers, have taken to crypto.  Also read: George Soros Is Rumored to Be Investing in Cryptocurrency First Soros, Now Rockefellers’ $3 Billion Firm to Invest in Crypto Limited liability venture capital firm, Venrock (a compound of “venture” and “Rockefeller”), is turning its sights on cryptocurrency projects and markets. Famously an investment vehicle of the Rockefeller […]

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PR: Ready, Set, Lend! FinCryption.com Launches Its Secure Crypto Solution at Lendit Fintech USA 2018

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. With hundreds of billions of USD in the crypto market cap, an historic asset-based lending opportunity exists. Nevertheless, only a handful of companies currently accept crypto as collateral for loans. Why? Crypto security concerns and hack attacks are keeping all but the […]

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Bitcoin Prediction Market Fairlay Sees Sizable Volumes

In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few months with over 100 to 150 BTC per day at times. Also Read: OTC Cryptocurrency Desks Trade Billions Over Skype Aggregating the Wisdom of the Majority This week news.Bitcoin.com spoke with the Fairlay […]

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Coindcx Launches Indian Crypto-to-Crypto Exchange Amid Regulations

This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new Indian digital currency exchange called Coindcx. Gupta told us about his team launching a cryptocurrency trading platform in the midst of regulatory uncertainty. Also read: Help Wanted! Japan Needs Crypto Engineers Launching an […]

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