Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. The RBI ban is now i
A draft ordinance aiming to regulate the issuance of 'electronic money' has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the conditions under which e-money can be
The Florida Chief Financial Officer (CFO), Jimmy Patronis, has issued a statement calling for Florida's government to create the post of 'cryptocurrency chief' to provide greater oversight to the state's emerging digital currency sector. Also Read: Pre
The ranking of cryptocurrency projects by the Chinese government has been revised with two new crypto projects added. EOS tops the overall list of 30 crypto projects; Ethereum fell to second place while Bitcoin dropped to 17th place. Also read: Yahoo!
In today's Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. Another senior Swi
Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo!
The stories covered in today's edition of Bitcoin in Brief hail from all across the globe. In New York a major cold storage company has received a Bitlicense, in China there are new signs of crypto mania, and in Turkey bitcoin has made an appearance at
The EOS mainnet is less than a week old but already the much-vaunted blockchain has ran into a spate of issues ranging from the minor to the critical. Teething problems with new blockchains are to be expected, but the numeracy of these, coupled with a
Canadian bitcoin investors and cryptocurrency traders are going to be subjected to an increased level of market surveillance soon if the government has its way. Once the proposed regulations are implemented, every transaction above $10,000 CAD will hav
The news of another hacked South Korean crypto exchange, widely blamed for the drops across the markets, is the main story in today's edition of Bitcoin in Brief. Other subjects covered include a hospital where you can pay with tokens and a 'blockchain
Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that 'by definition
A collection of recent funding news from the cryptocurrency ecosystem shows that despite record amounts of money raised by ICOs, the traditional route of raising funds from venture capital firms is still going strong. And cryptocurrency exchanges are i
This week we saw that despite some countries being less open to cryptocurrency than we would have wanted to, this amazing innovation continues to fascinate the whole world. This was evident in stories from all over the globe that were covered in this w
An established Japanese corporation has begun offering loans secured by cryptocurrency. The company says this is the first service in Japan where loans in Japanese yen can be obtained with cryptocurrency as collateral. Also read: Yahoo! Japan Confirms
When I first got into bitcoin, I tried to imagine what could go wrong and could never really think of anything. I never thought that it would turn into a cult. In retrospect, it should have been obvious. Bitcoin is an imaginary good. Thus, it is vulner