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| India bans crypto- currency, but embraces the blockchain India will effectively ban the use of cryptocurrencies within its borders. News of the clampdown was delivered by finance minister Arun Jaitley in his annual budget speech (PDF) delivered on Thursday. "The Government does not consider crypto-currencies legal tender or coin and will take all measures ...
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| Another warning for Bitcoin investors? Jaitley's budget speech critical of crypto-currencies Since the beginning of 2018, crypto-currencies are on a downward slope. According to a report by Bloomberg, the entire digital currency has lost 30 per cent in value in January alone. This has been the sharpest drop in the history of the digital asset. A total of $44 billion has been wiped off from the $200 ...
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| Korea Customs service: Cryptocurrency is being used in illegal foreign currency exchange In the latest development South Korea is investigating a possible use of cryptocurrency in supporting illegal foreign currency exchange. According to a report released by Korea Customs service today around $600 million foreign currencies have been exchanged illegally which include unrecorded ...
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