Indian Supreme Court Postpones Crypto Case to November

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto Supreme Court Hearing Rescheduled Again The Indian supreme court was scheduled to resume hearing the arguments against the banking restrictions by the RBI today, Oct. 15. According to the court…

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Diversified Crypto Fund Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss Bourse Fund Gains FINRA Approval Digital currency asset manager Grayscale Investments announced Monday that shares of its diversified crypto fund have been approved for public quotation by the U.S. Financial Industry Regulatory Authority (FINRA), a…

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The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. Further, Fed chair Jerome Powell and his partners have also stressed they don’t want the media to call the purchasing plan another QE. Also Read: Money and Democracy: Why You Never Get to Vote on…

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Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives

The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the underground market coming back online anytime soon. Also read: Darknet Markets Are Thriving Despite the Mysterious Death of Dread Exit Scam or Bust? Speculation Grows as Berlusconi Market’s Lights Start to Flicker Over the last…

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BCH-Centric Videocast Gives Guests SLP Tokens

Bitcoin Cash has been around for quite some time, but lots of individuals are still learning about the innovative technology each and every day. One particular way people can be kept up to date with crypto-related news and learn about the benefits of Bitcoin Cash (BCH) is through podcasts and streaming media. The Bitcoin Cast show is a BCH-centric program hosted on Youtube that covers user and merchant adoption throughout the BCH ecosystem. Also read: Slovenia Has the Most BCH-Accepting Physical Locations Worldwide Focusing on User and Merchant Adoption There…

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Tax Guide: What Crypto Owners Should Know

With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are not taxing crypto transactions. Furthermore, many tools exist to help crypto owners. Also read: IRS Issues New Crypto Tax Guidance – Experts Weigh In Know How Your Government Taxes Crypto Each country, state, or even city has its own set of rules when…

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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain the ability to trade and plan with liquidity via another, exclusive instrument — the SDR. Also Read: Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin An Artificial Currency The SDR is…

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More Nations Join the Club of Crypto-Friendly Jurisdictions

Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky Executives View Regulations as the Biggest Threat Government regulations are a determining factor for the business climate crypto companies operate in. A recently published survey conducted among executives from the industry shows that the slow advance in that respect is a major concern.…

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Android Tool Lets You Check Crypto Payment Apps for Double-Spends

The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly solved the difficult task, but a growing ecosystem of related products and services comes with new threats and resurrects the challenge. It isn’t Bitcoin’s fault, but the danger is nevertheless present and a solution is needed. Also read: Ukraine in a Rush to…

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives Guests a Unique SLP Token In Australia, Bitcoin Cash Is Soundly #1 This week the website Bitcoinbch.com revealed a report that covers cryptocurrency usage in Australia in regard to Australian merchants that support digital currencies for products and…

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