The Indian government is considering to block the internet protocol (IP) addresses of cryptocurrency exchanges as a part of its upcoming ban on digital currencies, according to a report by Business Standard. “By doing so, the government may succeed in blocking known sources of platforms permitting trading and investment of cryptocurrencies. Still, the measure taken will not be foolproof in successfully […]

Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to drive the price higher and start the next leg of the uptrend. One of the developments that could be bullish for Bitcoin is that Brazil followed […]

Thailand’s central bank is warning the public against using a stablecoin that purports to be backed by the country’s sovereign currency. The regulator claims that the stablecoin exposes the users to such risks as money laundering and cybercrimes. The Bank of Thailand (BoT) issued the warning against Thai Baht Digital (THT), Bangkok Post reports. BoT considers any activity involving the […]

Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months. According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of the 2017 bull market saw 50% of Bitcoin’s supply circulating within the preceeding six months. The data shows that few long-term investors are tempted […]

The government of Belarus has outlined new proposals for regulating digital currency businesses and assets, which would see the High Technologies Park Administration tasked with the role of supervisory authority. First Deputy Prime Minister Nikolai Snopkov said a final decision would be made shortly confirming the new powers for the administration, according to local media reports. “The government has proposed […]

Cardano is making more headlines as it scores points in getting allies in Africa. So far, Africa has been largely untouched by most blockchain-based tech companies, but Cardano seems to have identified quite an opportunity in the continent. The news was broken by IOHK CEO, Charles Hoskinson, in a short YouTube video. According to Hoskinson, Cardano is working with various […]

The Bank of Japan (BOJ) is set to begin experimenting with its central bank digital currency later this year. BOJ said in the past that it doesn’t intend to issue a digital yen, claiming that Japan’s digital payments are sufficient currently. Speaking in a recent news conference in Tokyo, BOJ Governor Haruhiko Kuroda stressed the need for Japan to prepare […]

The Commodity Futures Trading Commission (CFTC) has imposed a $6.5 million fine on Coinbase. The regulator is accusing the Exchange of false or misleading reporting and wash trading, per an official statement. Between 2015 and 2018, according to the CFTC order, a former Coinbase employee engaged in the referenced misconduct on the GDAX platform. The exchange has received an order […]

The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO) on Nasdaq. CFTC Takes Action Against Coinbase The CFTC announced Friday that it has issued an order settling charges against […]