UK’s FCA Monitoring 50 Firms Over Crypto Regulations
Cryptocurrency News

UK’s FCA Monitoring 50 Firms Over Crypto Regulations

The financial regulatory authority in the United Kingdom has been keenly observing cryptocurrency businesses that are running unlicensed operations. This news was reported by The Telegraph on November 26th. The Telegram invoked the Freedom of Information request to the Financial Conduct Authority (FCA), saying that 50 entities are offering financial …

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 is Here to Stay - Edward Snowden
Cryptocurrency News

Cryptocurrency is Here to Stay – Edward Snowden

Edward Snowden, ex-CIA employee, and whistleblower has now taken the chance to share his thoughts on Bitcoin. Snowden has said that the flagship cryptocurrencies might face difficulties in the future. He says that Bitcoin might lose its relevance, while altcoins will become increasingly important. This news was a result of …

Reporter Could Face 20 Years in Jail If Convicted
Crypto Scam

Reporter Could Face 20 Years in Jail If Convicted

A former New York Times journalist has been found to be the mastermind behind a multimillion-dollar scam. Jerry Ju Guo, a 31-year old graduate from Yale University was arrested by the police in Puerto Rico on grounds of wire-fraud. It is speculated that Guo ripped start-up out of $3.5 million. …

EY to Hire 2000 People In India For AI & Blockchain | Coindelite News
Blockchain News

EY to Hire 2000 People In India For AI & Blockchain

One of the largest professional services firms in the world, Ernst Young (EY) has announced that it will be hiring 2,000 employees in the next three years. The plan is to develop its digital solution services in fields including blockchain technology. In 2016, EY predicted that large-scale implementation of blockchain …

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 …

Crypto Miners Sold By the Kilo in China
Crypto Mining

Crypto Miners Sold By the Kilo in China

The mining operators in China are selling off their hardware by weight instead of per unit price. This is due to the bearish run of the cryptocurrency market, which has observed another steep drop in the price of Bitcoin and other cryptocurrencies. The news about this selling off was reported …

Bitex Crypto Exchange Launches in UAE
Cryptocurrency News

Bitex Crypto Exchange Launches in UAE

Bitex officially launches its cryptocurrency exchange in the United Arab Emirates. The exchange plants to support Bitcoin core, Bitcoin Cash, Ethereum and Litecoin for its initial run. The exchange has also announced its plans to provide a cryptocurrency wallet which comes with a cash deposit service. Monark Modi, CEO, Bitex …

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 …

French Tobacco Companies to Deal With Bitcoins | Coindelite News
Bitcoin News

French Tobacco Companies to Deal With Bitcoins

France based tobacconists have announced that they are going to sell Bitcoins to the public from the next year. France-based radio station Europe 1 announced that the tobacco retailers would offer Bitcoin vouchers in categories of 50, 100 or 250 euros (around $57, $114 or $285) from Jan 1, 2019. Keplerk, a …

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