Golix Exchange Files Lawsuit Against Reserve Bank of Zimbabwe’s Cryptocurrency Ban

On May 13 2018, the Reserve Bank Of Zimbabwe (RBZ) issued guidelines in a circular that detailed cryptocurrency activities taking place within the country are now banned. The RBZ further stated that domestic digital currency operations had sixty days to… Continue Reading

Bitcoin in Brief Friday: UN Backs Crypto-Solar Project in Moldova, Malta Uses Blockchain in Public Transportation

Today’s Bitcoin in Brief features several examples of harnessing crypto and blockchain technologies to improve quality of life around the world. The United Nations is involved in a crypto-funded project to power Moldova’s Technical University with solar energy. Initiatives in… Continue Reading

World’s Second Largest Search Engine Bans Crypto Ads

Melissa Alsoszatai-Petheo, of Microsoft’s Bing search engine, announced its advertising arm is banning all cryptocurrency advertisements. This follows market leaders such as Google, Facebook, and Twitter either severely restricting crypto ads or banning them altogether. Also read: Ethereum Futures in… Continue Reading

Pakistanis Find Ways to Trade Bitcoin Rendering Ban Ineffective

The crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual… Continue Reading

Zimbabwe Bans All Cryptocurrency Activity, Businesses Have 2 Month Grace Period

Zimbabwe’s central bank issued Circular to Banking Institutions No. 2/2018: Virtual Currencies, effectively banning all crypto activity in the African nation. Businesses dealing in decentralized currencies have 60 days to comply. Also read: India’s Supreme Court Keeps Ban on Banks’… Continue Reading

India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now

According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially… Continue Reading

ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against Offerings

Mike Finch, the co-founder of ICO Alert, has discussed the present state of the initial coin offering (ICO) industry. Mr. Finch shared his assessment that although the social media advertising ban has had a significant adverse effect upon the performance… Continue Reading

South Korean Top Regulator Considers Easing Cryptocurrency Regulations

The main regulatory body of cryptocurrencies in South Korea has a new chief who has just been approved by the country’s president. He is a known “activist and reformist” and has reportedly announced that he will consider relaxing crypto regulations… Continue Reading

Another Indian Company Challenges Ban on Crypto Banking

RBI’s ban on crypto-related banking services has been challenged again. Maharashtra-based Flintstone Technologies has turned to the High Court in Delhi to seek withdrawal of the April 6 circular issued by the Reserve Bank of India, calling it “arbitrary, unfair… Continue Reading

Indian Investors Flock to Trade Crypto Ahead of RBI Ban

Investors in India are flocking to trade cryptocurrencies before the ban order by the Reserve Bank of India takes effect. There is a positive sentiment in the local crypto community that the Indian government will not outright ban crypto trading.… Continue Reading