Education & News
The central bank of India, Reserve Bank of India(RBI) confirms the removal of the banking ban on cryptocurrency exchanges, businesses, and traders. The decision was influenced by a court decision in India. Supreme Court Removes Cryptocurrency Banking Ban The supreme court of India quashed an RBI circular which prohibited
Education & News
Draft bills recently submitted in Russia threatens people with up to seven years in prison and hefty fines of up to $7,000 for using Bitcoin. If the anti-crypto laws are passed, companies could find themselves with fines of up to $28,000 for using virtual currencies without approval from
Education & News
In a hearing for a defamation claim, Australian Judge Judith Gibson states that cryptocurrency is a recognised form of investment. The NSW District Court was asked to make a plaintiff put $20,000 worth of assets into a court-controlled bank account. Crypto Used as Security The $20,000 in crypto
Blockchain
Ripple could find itself in deeper waters as a judge in the state of California dismisses its motion to end the XRP securities lawsuit. The $10 billion blockchain giant insists that XRP digital token cannot be considered as a security. Ripple's XRP Tokens Could be Classed as Securities