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Crypto-Derivatives Banned in the UK- Good news or A Setback?

We often listen to the terms called Crypto derivatives especially Bitcoin derivatives. It shares a huge market with major exchanges like Binance, OKEX, Huobi, and offers derivative service. But what are these derivatives? Are they different from the traditional crypto trading?  Let us dig in more to know. Crypto Derivatives- Good or Bad? Derivatives are...
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Yes Bank Under RBI’s 30-Day Moratorium, Indian GDP To Take a Hit?

After a high conflicting PMC Bank lockout, Reserve Bank of India has now taken Yes Bank’s reins in its hands. On Thursday, 5th March 2020 RBI declared that it is superseding and taking over the affairs of Yes Bank until April 3rd. Moreover, the central bank has appointed a new Administrator Prashant Kumar to manage...
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Subhash Chandra Garg on the Future of Crypto

India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also read: Regulatory Roundup – China Blockchain ETF, New French Crypto Rules,...
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Was Youtube’s Christmas Crypto Purge Illegal?

This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without cause or explanation and to threaten people’s livelihoods; it...
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Google Restores Metamask App After Community Uproar

Similar to how it’s restored some crypto Youtube channels after a lot of pushback from the crypto community, Google has now restored Metamask to the Play Store. Either the tech giant is sensitive to claims of hurting innovation and competition or it is simply not ready yet to enforce a ban on dapp browsers, as...
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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read:...
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Google Bans Crypto App Metamask From Play Store

Soon after Google-owned Youtube has swung the strikes hammer against video content creators that talked about cryptocurrency-related topics, another arm of the search monopoly has taken down a popular ethereum dapps client. Also Read: Youtube ‘Christmas Purge’ Has Content Creators Pointing to These Alternate Platforms Metamask Kicked out of Google Play Store Google Play, the...
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4 Beijing Regulators Issue New Crypto Activity Warning

Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO,...
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Ethereum Wallet App MetaMask Banned from Google App Store

The MetaMask Ethereum wallet, one of the key entry points to crypto-based logins and distributed apps, has been suspended from the Google Apps Store. The reason cited was that MetaMask allowed phone-based mining, which the wallet provider denied. MetaMask Denied Offering Mobile Mining MetaMask denied its services involved mining, though the case is still being...
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Tug-of-War Between Youtube & Crypto Community Comes to an End?

The Penultimate week of 2019 saw Crypto Community in distress. Google’s Youtube Video streaming media had asked Crypto influencers to remove the educational videos citing Guidelines Violations. The Youtube team had allegedly removed certain videos even after the account holders had promised to remove the videos.  This had resulted in the crypto community taking strict...
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YouTube Cracks Down on Crypto, Removes Videos Without Warning

According to recent complaints by a number of people in the crypto community, Youtube has removed a vast number of crypto videos without warning. Youtube Censors Crypto YouTube has been the prime video platform around the world for a decade and a half now, and over the years, it has definitely had a number of...
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Indian Crypto Community Gathers to Dispel Confusion About Regulation

As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India is accurately portrayed. Also read: Indian Lawmaker Says ‘Cryptocurrency Is...
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RBI Plans to Launch ‘Digital Rupee’ Amidst India’s Crypto Ban

RBI Governor Shaktikanta Das, on Thursday, announced that India will soon launch it’s own Central Bank Digital Currency (CBDC). Amidst a court case on the Cryptocurrency ban in India, this news comes as a hope for crypto in the future.  India is a land of diverse mentality with a constant feud of banning cryptocurrency or...
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Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate

Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead. Also read: Crypto Can Boost Indian...
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Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read:...
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RBI Defends Its Power Over Crypto in Indian Supreme Court

The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also read: RBI’s Power Over Crypto Challenged at Length in...
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Crypto Regulation Outlook in 2019 — What Is the Global Scenario?

Global investor sentiment toward the crypto industry seems to have shifted in recent years. Here’s how the regulations surrounding this space look in 2019… As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This...
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