India to reportedly ditch Bitcoin ban agenda in favor of asset classification
The tide may have finally turned for cryptocurrencies in India as reports indicate a softer stance by the government toward crypto. According to a report by The New Indian Express on Thursday, the government’s hostile stance toward Bitcoin (BTC) appears to be shifting toward more common-sense regulatory policies for cryptocurrencies. According to inside sources quoted […]
Hong Kong regulators set to ban retail Bitcoin trading
Hong Kong regulators have moved to ban retail trading in Hong Kong after months of intense speculation about a likely prohibition. According to a report by Reuters on Friday, the Financial Services and the Treasury Bureau of Hong Kong has released the results of its consultation on a possible retail crypto trading ban which began […]
Four arrested after Turkish exchange Vebitcoin closes its doors
As a countrywide cryptocurrency ban looms, multiple Turkish exchanges have now come under investigation with four employees of the recently-shuttered Vebitcoin exchange arrested this morning for allegations of fraud. Last night, Vebitcoin announced it would be ceasing operations in a short statement posted on its website, claiming that unspecified financial strain led to the decision […]