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Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill

Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.

Protego Becomes the Second Federally Chartered Crypto Bank in United States

Protego Becomes the Second Federally Chartered Crypto Bank in United States

Protego, Washington state-chartered trust firm, has received a conditional approval from the OCC to become the second nationally chartered crypto bank in the U.S.

Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India

Paxful CEO: COVID Economic Measures Add Fuel to Peer-to-Peer Bitcoin Renaissance in India

As the impact of the coronavirus pandemic continues to steer Central banks and monetary policy into new and creative directions, the market outlook has been drastically altered to view alternative assets such as Bitcoin as legitimate safe haven assets. Recent developments with the Reserve Bank of India lifting its crypto ban has also triggered a wave of cryptocurrency buying in the emerging economic superpower, and Paxful has been right at its centre.

XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges

XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges

US lawsuit against Ripple blockchain company worries crypto exchanges in India.

India Considers Banning Crypto Trading Which Could Impact 1.7 Million Dependent Local Traders

India Considers Banning Crypto Trading Which Could Impact 1.7 Million Dependent Local Traders

The federal cabinet in India is expected to discuss a new bill that could once again ban cryptocurrency trading in the nation.

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.

60-Year-Old Man Cons Over 50 People with Indian Crypto Scam

60-Year-Old Man Cons Over 50 People with Indian Crypto Scam

Police have revealed another crypto scam in India has left more than 50 people counting losses.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

Crypto Tax Payments Permitted in Bermuda

Crypto Tax Payments Permitted in Bermuda

Bermuda has started accepting tax payments using Circle's stablecoin known as USD Coin (USDC).

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

With the ongoing COVID-19 pandemic, India’s cryptocurrency trading industry has seen an increase of 400 percent over the last few months.

Africa Crypto Adoption Sparks Regulation Concerns

Africa Crypto Adoption Sparks Regulation Concerns

The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

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