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  • The Indian Exchange submits a petition saying that the ban on cryptocurrencies is unconstitutional

    CoinRecoil, a cryptocurrency exchange in India, has submitted a petition to the Reserve Bank of India (RBI), the Ministry of Finance and the Council of Goods and Services Tax (GST), stating that its ban on banks not serving digital currency trading platforms violates the 19th Constitution. (1) Articles (g), 14 and 301. Article 19 (1) […] More

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  • Japanese company CampFire announces closure of cryptocurrency exchange Firex

    Japanese company CampFire announced the closure of the cryptocurrency exchange Firex, said the reason for the closure is that it will be reviewed again. According to previous reports, the Japan Financial Services Agency (FSA) stated that six cryptocurrency exchanges have withdrawn their applications for registration, including CampFire. More

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  • Vietnamese cryptocurrency company suspected of ICO fraud $660 million

    According to Coinjournal, Modern Tech in Ho Chi Minh City, Vietnam, is suspected of committing an ICO fraud to 32,000 people, involving a total amount of US$660 million. Local news publisher Tuoi Tre reported that dozens of fraudulent investors gathered in front of Hyundai’s corporate headquarters to discuss and request a refund. The manager of […] More

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  • Unocoin and Zebpay: Cryptocurrency transactions are not banned in India

    After India’s central bank (RBI) issued a statement banning cryptocurrencies, Sathvik, the founder of India’s cryptocurrency exchange Unocoin, stated that the banks they worked with did not issue any notifications. According to RBI’s notice, the legitimacy of the cryptocurrency remained unchanged because the notification did not mention To its legal status, but more is related […] More

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  • New 50-megawatt mine in Armenia still does not allow cryptocurrency transactions

    According to Armenpress, a new 50 MW new mine will be built near the Hrazdan thermal power plant in Armenia. According to project public relations sources, the government did not provide economic support. It only passed a bill to establish a special economic zone in December last year. The mine’s investment mainly relies on private […] More

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  • Soros prepares to trade cryptocurrency

    According to foreign media, Soros’s family office with a $26 billion plan is planning to trade digital assets. Adam Fisher, the manager of the New York Soros Fund Management Corporation, which oversees macro investment, has received internal approval for trading cryptocurrencies in recent months, but it has not yet started betting. More

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  • Chile’s last bank to support cryptocurrency transactions closed trading accounts

    The last bank in Chile supporting the cryptocurrency exchange, BancoEstado, announced the closure of the trading platform account. Chile’s three digital currency exchange BUDA, Crypto MKT and Orionx are about to lose bank services. According to local media, current financial institutions decided not to cooperate with companies that are committed to distribution or creation, brokerage, […] More

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  • The Indian Central Bank will introduce cryptocurrency

    According to foreign media, the Indian Central Bank (RBI) has repeatedly suppressed bitcoin and other cryptocurrencies because RBI will launch its own digital currency. At present, RBI has set up a special group to study the possibility of RBI developing digital currency. More

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  • Russian Federal Financial Monitoring Agency opposes cryptocurrency transactions

    According to Russian media Bits.media, the Russian Federation’s Financial Monitoring Agency (Rosfinmonitoring) has come out against the cryptocurrency trade in Russia. Pavel Livandy, vice chairman of the Financial Monitoring Agency of the Russian Federation, spoke at the ARB conference that cryptocurrencies are high-risk speculative assets and have no real value. At the beginning of March, […] More

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  • Japan’s Ministry of Finance will formulate cryptocurrency regulations for overseas remittances

    According to the Nikkei news, the Japanese Ministry of Finance will formulate a cryptocurrency sea remittance spec. The Japanese Ministry of Finance believes that digital currency will be used for more cross-border, domestic goods and services transactions, so the specification should be easy to understand. Settlement transactions worth more than 30 million yen should be […] More

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  • Ontario Securities Commission: In the coming year we prioritize cryptocurrency and ICO related work

    According to coindesk, in the “Preference Statement” issued on March 29, the Ontario Securities Commission (OSC) listed the ICO and digital currency markets as two areas that will be promoted in the next 12 months, so that society Good understanding and ease of regulatory management. OSC stated that it will receive feedback on its documentation […] More

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  • Analyst: Increasing correlation between cryptocurrencies and the stock market

    According to CNBC news reports, Mati Greenspan, a senior market analyst at eToro, said that falling currency prices are not related to the global trade war. He believes there is a strong correlation with the way people manage portfolios, especially in the past few weeks. The correlation between currency and stock market is getting higher […] More

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