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“# No crypto ban in India: Finance Minister predicts “very calibrated” stance ” Yet another “crypto ban” turns out to be temporary FUD. In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated. While negotiations are ongoing, she said she expects the…
“# Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban ” Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH),…
“# Thailand’s largest movie theater chain accepts Bitcoin ” Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC). According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency…
“# Gensler sticks up for Bitcoin before Congress, but doesn’t say much new ” Today, the Senate Banking Committee held its first hearing on the nomination of Gary Gensler to chair the Securities and Exchange Commission. The role will have major influence on the future of crypto regulation, as the SEC has been a chokepoint…
“# ‘Play by the rules or we will shut you down,’ says NY AG to crypto industry ” New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities. According to the New York Attorney General’s office, James…
“# Crypto bank opens physical location in India’s capital as potential regulatory ban looms ” India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur. Unicas reportedly allows customers to access fiat and crypto services at the bank, and provides digital loans using…
“# Coinbase has held Bitcoin on its balance sheets since 2012 ” United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the company’s founding back in 2012. In a new announcement addressed to other corporate actors, the exchange presented its…
“# India’s largest crypto exchange adopts decentralized Unstoppable Domains ” India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected…
“# Indian banks put crypto traders’ accounts under the microscope ” Cryptocurrency traders and investors in India are among the latest casualties in an increasing trend of personal account closures by global banking operations. India’s parliament is currently contemplating a nation-wide crypto ban which local industry critics, such as former Coinbase CTO Balaji Srinivasan have…
“# India’s Warren Buffet says Bitcoin hangover will be worse than the party ” The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse than the party itself. Jhunjhunwala, speaking on CNBC’s Street Signs Asia…