New York ceases Bitcoin mining for 2 years
In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized…
Suggested India bill prohibiting cryptocurrency payments could imply jail for violations
According to sources, suggested legislation that would prohibit the use of cryptos as a mode of payment in India also anticipates making those who violate the law subject to arrest…
Bitcoin won’t be accepted as currency, says Finance Minister
On Monday, Nirmala Sitharaman, Finance Minister said that the central government has no intention to accept Bitcoin as legal tender in India. Responding to whether the government is aware that…
Crypto ads to return on Google
Crypto ads have returned on the advertising platform of Google following the largest network revised its policies in June, but it’s not exactly as open as previously. In March this…
Bitcoin plunges as China bans crypto mining in the southwestern province
On Monday, Bitcoin dived more than 10% after China widened a clampdown on its huge crypto mining industry with a ban on mines in a main southwestern province. Mines in…
China forbids payment and financial institutions from crypto business
China has forbidden payment and financial firms from offering services related to crypto transactions. Further, the country has warned investors against speculative crypto trading. In a joint statement, three industry…
NPCI denies banning crypto trades in India; puts the onus on banks
National Payments Corporation of India which runs UPI in India has denied banning crypto transactions. The domestic payments authority has instead asked banks to take a stand considering their risk…
India Inclined To Explore Cryptocurrencies: FM Hints About Crypto Regulations
Indian Finance Minister Nirmala Sitharaman recently disclosed some clues about the new Cryptocurrency Bill that will be soon introduced in the parliament. Revealing no explicit intention to ban cryptocurrencies, she…