Supreme Court Of India To Hear Petitions Next Year | Coindelite News
Crypto Regulations

Supreme Court Of India To Hear Petitions Next Year

The Supreme Court of India has announced a new date to hear the petitions against the digital currency. As last year the Reserve Bank of India (RBI) banned other banks from working with cryptocurrency related firms. At the same time, the crypto community in the country is campaigning on social …

Cryptocurrency News

Indian State to Help Cryptocurrency Business Grow

An Indian Minister said that one of the states in the country is working towards protecting businesses operating without a regulatory framework in India. The plan includes cryptocurrency exchanges and crypto-accepting companies. Priyank Kharge, India’s Social Welfare Minister, said that the Karnataka state government is working on setting up an …

Indian Man Scammed Out of 10 Crores Over Bitcoin | Coindelite News
Bitcoin News

Indian Man Scammed Out of 10 Crores Over Bitcoin

Chandigarh, a northern Indian State has become the witness for one of the biggest cryptocurrency scams in the country. The Chandigarh Police has filed a chargesheet against four people accused of scamming a victim out of  ₹6-10 crore ($0.8 – 1.4 million)  through a digital currency investment fraud. The names …

Japanese Shipping Firm to Launch Its Own Crypto | Coindelite News
Cryptocurrency News

Japanese Shipping Firm to Launch Its Own Crypto

Nippon Yusen K.K. (NYK), one of the Japanese shipping company has announced that it plans to launch its own cryptocurrency for crew members. The firm was established in 1885, and it is one of the largest shipping lines in terms of sales. According to the reports, the consolidated revenue of the …

italian-authority-bans-unauthorized-crypto-firms/
Crypto Regulations

Italian Authority Bans Unauthorized Crypto Firms

Italian authorities are issuing strict rules against cryptocurrency companies. Recently, the Commissione Nazionale per le Società e la Borsa (CONSOB) ordered a ban on three cryptocurrency related firms that provide unauthorized investment services. The first company is named Richmond Investing has been violated by the Consolidated Law on Finance (TUF). TUF …

Indian Government To Regulate Cryptocurrencies | Coindelite News
Cryptocurrency News

Indian Government To Regulate Cryptocurrencies

The Indian government is finally planning regulations on cryptocurrencies such as Bitcoin, Ethereum by next month. The government recently published a document explaining the plans to regulate digital currencies. According to the reports, the regulatory body will be issuing new rules on cryptocurrencies under the guidance of Prime Minister Mr. …

Twitter Claims Third Party Apps Are Scamming Bitcoins | Coindelite News
Crypto Scam

Twitter Claims Third Party Apps Are Scamming Bitcoins

One of Google’s account was recently hacked on Twitter that promoted a Bitcoin “giveaway” scam. Twitter has claimed that the third-party marketing app providers are the reason behind the current hacks that have been taking place on the social media. Twitter’s announcement comes after the account of some high profile brands …

Indian Exchange CEO Asks Government to Regulate Cryptos | Coindelite News
Crypto Regulation

Indian Exchange CEO Asks Government to Regulate Cryptos

Indian Finance Minister Mr. Arun Jaitley was openly asked to look into the regulation of Bitcoin and altcoins. Mr. Nischal Shetty, CEO of WazirX has reached out to India’s top lawmaker on Twitter. The CEO requested the minister to focus more on cryptocurrencies’ potential benefits rather than its limited misuse. …

CIMB Partners With Ripple For Cross-border Payments | Coindelite News
Blockchain News

CIMB Partners With Ripple For Cross-border Payments

On November 15, 2018, CIMB Group and Ripple partnered to enable instant cross-border payments across various markets. Through the partnership, CIMB will be joining Ripple’s network named “RippleNet” which will provide access to other members and help CIMB to grow its cross-border payments business. Ripple’s blockchain-based solution has been used to …

U.S. Based Bank Issues Visa Debit Cards | Coindelite News
Cryptocurrency News

U.S. Based Bank Issues Visa Debit Cards

A U.S based bank is launching a new Visa debit card which allows its users to spend digital currencies through conversion to fiat. New York-based Metropolitan Commercial Bank has partnered with cryptocurrency wallet provider Crypto.com to issue cryptocurrency debit cards in the States. Crypto.com, a Hong Kong-based company has announced its partnership with …