Category: N-Economy
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Swiss Stock Exchange Launches Trading for ETH ETP
Switzerland’s SIX stock exchange has announced the launch of an ETH exchanged-traded product. March 5 comprised the first trading day for the ETP, which is backed by Swiss company Amun AG. The launch comes one month after SIX announced its intention to launch a blockchain-powered exchange during the second half of this year. Also Read:…
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Indian Supreme Court Advocate Says Cryptocurrencies Cannot Be Regulated
A supreme court advocate has explained the limitations of the Indian government’s power to regulate cryptocurrency, determining that the court should not get involved. Meanwhile, the crypto community awaits the government’s regulatory framework and the supreme court hearing of the petitions against the banking ban by the central bank. Also read: SEC Chair Explains Key…
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Indian Government Confirms Cryptocurrency Regulation in Final Stages
The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks…
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Thailand Now Has 4 Approved Cryptocurrencies
The Thai Securities and Exchange Commission (SEC) has announced a list of four approved cryptocurrencies for use as base trading pairs in the country. The regulator reportedly took into account factors such as sufficient market liquidity and a well-designed decentralized system. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval 4 Cryptocurrencies…
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Cryptocurrency Accounts for Less Than 2% of All Japanese Money Laundering Cases
Money laundering cases related to cryptocurrencies in Japan have increased significantly in 2018. Nevertheless, their number remains a fraction of the total. According to the Japanese press, the majority of reported money laundering instances actually involve banks and other traditional financial institutions. Also read: Platform for Crypto Payments to Bank Accounts Launching in the UK…
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35 Countries Urged to Regulate Cryptocurrency Exchanges Like Commercial Banks
The Financial Action Task Force has finalized its requirements for the supervision and monitoring of cryptocurrency service providers. The inter-governmental body has reportedly urged all of its 35 member countries to regulate crypto exchanges in the same manner they regulate commercial banks. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Regulating…
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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year
Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin…
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Cryptocurrency Jobs Peak in These Indian Cities
Demand for skilled professionals in the crypto space has been steadily rising, according to new data that ranks cities in India based on the number of jobs in the cryptocurrency field. Some cities such as Mumbai dropped several places from last year’s ranking while a couple of others are new to the list. Also read:…
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China’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top
China’s Center for Information and Industry Development has released its latest ranking of crypto projects. A total of 35 projects were evaluated this month, with Tron debuting near the top of the list. Meanwhile, Bitcoin has climbed up the ranking slightly. Also read: Bitcoin Climbs up China’s First Crypto Ranking of 2019 New Ranking, Tron…
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Warren Buffett Calls Bitcoin a Delusion – But an Ingenious One
Warren Buffett’s opinion of bitcoin has evolved. In a recent interview, he described the cryptocurrency as ingenious but also called it a delusion. While admitting that his opinion of bitcoin has been upgraded, the CEO of Berkshire Hathaway asserted that “it attracts charlatans.” Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval…