Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Account Opening Agreement Amid banking restrictions imposed by India’s central […]

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Top 10 Countries Using Bitcoin, Italy is in Fourth Position

An assessment of crypto usage is not an easy thing to be done, since it is based on population, environment diffusion and legal background. And for this matter, therefore, this assessment has been made based on data from Localbitcoins, Coinatmradar and Coinmap. It has also been made based on the circulation of ATMs and legal acceptance of the currency in […]

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9th Largest Bank in the US Joins Ripple

Despite being a part of a very shaky niche, Ripple has managed to stand out of the competition and hit a couple of significant milestones in the last few months. From the beginning of 2018, we have been observing that the venture is playing all cards to get itself integrated within the banking sector and several outlets have even tried […]

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Indian Police Closes Country’s First Bitcoin ATM, Arrests Owner

Unocoin ATM Closed in India, Co-Founder Arrested A few weeks back, Unocoin launches its first Bitcoin ATM in India, specifically, in the City of Bengaluru. However, recently the cybercrime division of the City’s Police force stormed the Kiosk housing to close the Bitcoin ATM down. This follows a case the police division registry against the cryptocurrency exchange Unocoin. The exchange’s […]

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$50,000 Bitcoin ATM Scam Surfaces in Australia | BTCMANAGER

In Melbourne’s West, scammers posing as debt collectors conned victims to deposit over $50,000 into a Bitcoin ATM. According to The Sydney Morning Herald’s article published on October 5, 2018, the four victims who were believed to be migrants, were threatened with an arrest if they failed to pay the total amount. Victims Deposit Funds Into Bitcoin ATM According to […]

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More than 5,000 Bitcoin ATMs could open in Europe this year

The popularity of Bitcoin has reached its peak. People in today’s world are using this cryptocurrency for a variety of purposes than ever before. Merchants have also realized the true value of Bitcoin and they have come up with necessary measures in order to accept Bitcoin payments from the customers. Along with time, traditional currencies are being replaced with cryptocurrencies. […]

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