India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands July 24, 2018

Exchanges “Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services.” Also read: Cryptowhispers: DDoS […]

PR: Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat Currencies July 24, 2018

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SAN FRANCISCO — Vaultbank announces the addition of free stock […]

The Daily: TCAP Explores Market, Tutanota Accepts Cryptos, Huobi Launches Cloud July 24, 2018

The Daily In today’s edition of Bitcoin in Brief we cover stories about one of the largest inter-dealer brokers in the world exploring the cryptocurrency market, a privacy-focused email service that now accepts several cryptos, a new white label exchange offering and a cloud mining service that abruptly ended BTC contracts. Also Read: Coinbase Gets […]

Indian Crypto Regulation Ready by September: Official July 24, 2018

News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. Also read: Yahoo! Japan […]

Tie a Message to Any Location Using the BCH-Powered Member Client July 24, 2018

Technology & Security There’s an interesting platform for the Bitcoin Cash (BCH) network called ‘Member,’ which allows users to post censorship resistant messages tied to specific locations around the world. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Member: Tethering Censorship Resistant Memos to Any Geographical Location With Bitcoin Cash   Over the past […]

EOS, Litecoin, Stellar Lumens, Tron, IOTA Technical Analysis: Is Tron’s “Secret Project” a Tron-Alibaba Partnership? July 24, 2018

Of all the coins under our review, EOS, Litecoin and Tron are technically stable and moving within a tight trade range. EOS for example is yet to add to last week’s gains but is confined within July 20 high lows. Now, despite our bullish stand on Stellar, prices are stalling and once we see gains […]

Bitcoin (BTC) Price Watch: All Eyes on this Area of Interest July 24, 2018

Bitcoin Price Key Highlights Bitcoin price busted through its short-term channel and the top of a longer-term descending triangle. Price is now making its way to the area of interest around $8,000 that might make or break the rallies. Strong bullish momentum could take it past this former support region, paving the way for an […]

China’s ‘Dream City’ Taps Ethereum Dev. Studio ConsenSys for Blockchain Push July 24, 2018

Government officials in Xiongan New Area have announced a partnership with Ethereum development studio ConsenSys to develop blockchain initiatives for China’s “dream city.” According to the South China Morning Post, the Xiongan government has signed a memorandum of understanding (MoU) with the U.S.-based ConsenSys to “establish Xiongan as a next-generation smart city and a leading […]

Seven Stars Cloud Partners with China VC Research Institute to Expand Tokenized Assets July 24, 2018

Seven Stars Cloud Group, Inc. (SSC), a global fintech firm focused on blockchain and AI-powered digital asset management, has partnered with the China Venture Capital Research Institute (CVCRI), according to a press release published July 23. The partnership will purportedly help SCC extend its to extend its asset digitization services. The new partnership will enable […]

Blockchain Investment Fund Launches in China’s Nanjing to Develop Public Projects July 23, 2018

China’s relentless march towards blockchain development is continuing, with reports indicating that a Chinese city will be supplying capital for a $1.5 billion blockchain fund. China’s Admiration for Blockchain Technologies Continues with the Nanjing Fund Nanjing, the capital of the Jiangsu province in Eastern China, has just launched a blockchain-centric fund with 10 billion Chinese […]

Chinese City of Nanjing Launches $1.5 Billion Fund for Local Blockchain Projects July 23, 2018

Nanjing, the capital of China’s Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes. […]

Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses July 23, 2018

July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)’s price performance has diverged from other top cryptocurrencies. As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum. Market visualization from Coin360 Bitcoin (BTC) is trading around […]

Hong Kong Asset Management Firm Preparing to Launch Crypto Vault for HNWIs July 23, 2018

An asset management firm from Hong Kong is preparing to launch a cryptocurrency custody service. The Fusang Vault, as the service will be called, is the brainchild of the Fusang Investment Office. Fusang Vault Will Provide Custody Services for High Net-Worth Individuals The Fusang Vault is expected to be launched in the fourth quarter of […]

G20 Asks FATF to Clarify AML Standards for Cryptocurrencies July 23, 2018

Economy & Regulation Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. The officials also called on the Financial Action Task Force to clarify by October […]

Japan May Play Leading Role in G20’s Crypto Regulatory Stance July 23, 2018

Despite gaining legitimacy in the eyes of many more individuals across the world, cryptocurrencies are still a contested topic within regulatory circles, especially with the regulatory bodies of developed countries. FSB: Crypto Assets Don’t Pose A Risk To Global Financial Stability The Financial Stability Board (FSB) recently released a report highlighting cryptocurrencies or “crypto-assets” as the […]

Asian Asset Management Firm to Launch Crypto Custody for Family Offices July 23, 2018

Asian asset management firm Fusang Investment Office is set to launch a crypto asset custody service called Fusang Vault in Hong Kong. The firm, which usually focuses its operations on private family offices in Hong Kong, Singapore and Malaysia, credits heightened interest in cryptocurrencies from high-net-worth individuals and institutional clients for the move. Crypto Custody […]

China: Blockchain Group From Three Telecoms Giants Begins Exploring Use Cases July 23, 2018

China’s three major telecoms operators launched a blockchain research group, which has held its first meeting, local media outlet Fintech News reports July 23. The product of China Mobile, China Unicom and China Telecom, the group involves a total of twenty experts from eight companies including Huawei, Union Mobile, and Financial Technology (UMF). The aim, […]

Chinese Region to Shut Down 'Illegal' Bitcoin Miners By September July 23, 2018

China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. Rumors first emerged online over the weekend after the leak of a government notice issued by Xinjiang’s Economic and Information Commission (EIC) indicating the authority was demanding that local utility companies […]

Pharma Scandal Prompts Calls to Put Vaccine Data on a Blockchain July 23, 2018

A scandal around the fraudulent actions of a vaccine manufacturer in China has sparking a heated debate over the last week – and now the Chinese cryptocurrency community is suggesting blockchain as a potential solution. The uproar followed a report from China’s State Drug Administration, which, based on a tip-off, launched an investigation of the company […]

Ex-JPMorgan Exec: Blockchain May Be Key to Avoiding Next Global Financial Crisis July 23, 2018

The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23. Pang Huadong, currently an honorary academic advisor of the Asian Blockchain Institute, said that his experience at JPMorgan during the […]

Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat Currencies July 23, 2018

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. SAN FRANCISCO — JULY 19, 2018  Vaultbank announces the addition of free stock trading to its October Launch.  This is in addition to crypto trading and issuance of […]

Chinese City Starts a $1.5 Billion Fund to Promote Public Blockchain Projects July 23, 2018

Nanjing, Jiangsu’s capital, is committed to investing in public blockchain projects and overall token economy. The capital of this Chinese province put together a 10 billion yuan ($1.5 billion) fund in a blockchain investment fund. A Beijing-based alliance, Zhongguancun Blockchain Industry Alliance, is teaming up with Nanjing City to launch this blockchain investment fund of […]

Ban U-Turn? India’s Central Bank Admits Cryptocurrency Regulation is Necessary July 23, 2018

In a first, India’s central bank has called for the regulation of the domestic cryptocurrency sector during Friday’s hearing at the Supreme Court, weeks after enforcing a banking ban against crypto companies. Earlier in April, the Reserve Bank of India (RBI) issued a circular that forbade all financial institutions – banks included – from offering […]

Don't Let the Crypto Circus in Congress Fool You July 23, 2018

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Progress? Judging from the most eye-catching headlines from two separate hearings on Capitol Hill Wednesday, […]

South Korea’s Crypto Regulation Shakeup: New Bureau, Agreement With China July 23, 2018

Regulation South Korea’s top financial regulator is planning a major organizational restructuring that includes introducing some new crypto policy initiatives. A bureau dedicated to financial innovations that include cryptocurrencies is being set up. In addition, an agreement with Chinese authorities relating to crypto and initial coin offerings has also been reached. Meanwhile, the contracts between […]