China doubles down on blockchain to digitize securities industry
China’s main stock exchanges and industry regulators are all piloting blockchain initiatives and in a recent event, they discussed the role the tech will play.
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Digital currency in India: Is there hope for the industry?
The Reserve Bank of India still maintained its stance that digital currencies can lead the country into financial stability, even though it plans on launching its own digital currency.
Russia is not ready for digital currency payments, Kremlin says
A representative of President Vladimir Putin put it beyond doubt that Russia doesn’t intend to reverse the digital currency payments ban, let alone make it legal tender.
South Korea could allow some digital currency exchanges to trade beyond regulatory cut-off
Legislation introduced in the country imposed a deadline on September 24 for the registration of any digital currency exchange that wishes to continue to do business in the country.
Hong Kong securities regulator wants stricter laws for digital currencies
The deputy head of the Hong Kong securities watchdog has proposed more stringent regulations for the digital currency trading sector to prevent huge losses.
Taiwan police arrest 14 over alleged Ethereum investment scam
The suspects were accused of using misleading information and photos of beautiful women to lure mostly older and retired men to their scam, Taiwanese authorities said.
OneCoin scam: Seychelles asked to probe transfer of $10B in BTC
A British lawyer has filed a request for Seychelles authorities to probe transactions related to 230,000 BTC that have been linked to the country and to OneCoin.
SEC latest investor warning targets digital currency scams and ICOs
In its warning note, the SEC said that investors should understand the full extent of the risks involved and look out for signs that could point to fraudulent schemes.
The CoinGeek Pulse Episode 60: US SEC warns Coinbase, Binance barred in Singapore and South Africa plus more BSV play and earn apps
Regulators from all over the world continue to take action against unregulated activities and businesses of digital currency companies and platforms, proving that no one is invincible to regulation.
UK FCA: More power needed to oversee digital currency promotions
The concerns were raised via a speech by chairman Charles Randell, who stated that FCA should be given more teeth to regulate on advertisements that had overstepped the mark.
Panama wants to legalize digital currencies in new bill
A Panamanian lawmaker has introduced a new bill seeking to legalize and regulate digital currencies in the country, following the steps of El Salvador.
JD.com partners with local bank for digital yuan giveaway
JD.com has teamed up with the Bank of Communications to give away $2.5 million in a lottery for the second time as the launch of digital yuan nears.