Reports: India’s Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’

reports indias crypto regulations delayed government considers crypto tokens

Regulation The Indian government previously planned to submit the proposal for crypto regulations in July. However, a senior official has revealed that the regulatory framework for cryptocurrencies in India has been delayed and will likely be ready by the year’s end. Meanwhile, the government is reportedly considering “launching crypto tokens for financial transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Indian Regulations Delayed Subhash Chandra Garg. The Indian government has been working on cryptocurrency regulations. A panel was set up in December last year under Subhash Chandra Garg,…

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Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

japans internet giant gmo unveils new crypto priorities exchange profits up 7 fold

Exchanges Japan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the bear market and increased total hash rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Coin Profits Up 7.3-Fold Japanese internet giant GMO published its second-quarter results for this fiscal year on Thursday. The report details the performances of the company’s cryptocurrency operations as well as changes in future plans. In the second quarter, GMO’s overall crypto business…

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EOS’s Fourth Global Hackathon Announced for San Francisco

eoss fourth global hackathon announced for san francisco

In EOS news today, Block.one announced the location for its fourth EOS Global Hackathon. We’re going to San Francisco! Developers, designers and entrepreneurs – are you ready to join us Stateside on Nov 10-11 for part four of our first-of-its-kind blockchain hackathon series? Sign up here for the first-ever #EOSHackathon event in the US: https://t.co/yJgFUxcHdv pic.twitter.com/wuVHaWkrCa — EOS (@EOS_io) August 13, 2018 EOS Global Hackathon The fourth location for the EOS hackathon was released today by EOS’s maker Block.one. It will take place in San Francisco, California on November 10-11th.…

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Crypto Movement: Ethereum (ETH) Drops Below $300 and Stellar (XLM) Passes EOS

crypto movement ethereum eth drops below 300 and stellar xlm passes eos

The cryptocurrency market has been all over the place lately with its price movements, and today, most of the top 10 cryptocurrencies are in the red. Today, we’re going to track the latest Ethereum news and Stellar news. Stellar (XLM) has made a phenomenal rise on the market lately, but it seems that the world’s second largest cryptocurrency, Ethereum (ETH), has dipped to a year-low today. Ethereum (ETH) Dips Below $300 Source: CoinMarketCap Ethereum news today has ETH hitting its year-low of below $300, as the coin took an unexpected…

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Vietnamese Stop Importing Bitcoin Mining Rigs as Import Ban Looms

vietnamese stop importing bitcoin mining rigs as import ban looms

Regulation Vietnamese businesses and individuals have stopped importing bitcoin mining equipment into the country since the beginning of July, according to the Ho Chi Minh City Customs Department. This follows the government’s efforts to pass a law banning the import of bitcoin mining rigs into Vietnam. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mining Rig Imports Stop Business and individuals in Vietnam used to import a large number of crypto mining rigs into the country. Last year, the Customs Department of Ho Chi Minh City (HCMC) cleared more…

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Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact

stablecoins gaining popularity in india to minimize central banks impact

News A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin Adds TUSD Unocoin, one of India’s largest crypto exchanges, announced on Wednesday the addition of TUSD to its crypto-to-crypto platform, Unodax. An ERC-20 token built on the Trusttoken platform, each…

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