In the Daily: New Terms From Bitmex, Binance Coin Record, Malta Bank Accounts

In the Daily: New Terms From Bitmex, Binance Coin Record, Malta Bank AccountsIn this edition of The Daily, Bitmex has updated its Terms of Service. The revised rules prohibit residents of certain countries, including the U.S., from trading digital assets on the platform. Also, the native token of the leading crypto exchange Binance, BNB, has hit a record price against BTC. And in Malta, companies from the […]

The post In the Daily: New Terms From Bitmex, Binance Coin Record, Malta Bank Accounts appeared first on Bitcoin News.

Russian Institutions Back Proposal to Let Companies Use Cryptocurrency

Russian Institutions Back Proposal to Let Companies Use CryptocurrenciesAn idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, […]

The post Russian Institutions Back Proposal to Let Companies Use Cryptocurrency appeared first on Bitcoin News.

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own EconomyA shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education. Also read: South Africa Wants to Mandate Registration of Crypto Service Providers Miscalculating Government Paralyzes […]

The post Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy appeared first on Bitcoin News.

Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Clickbaiting Telegraph Uses Bitcoin and Russia to Pump Headlines AgainIn the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted […]

The post Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again appeared first on Bitcoin News.

The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency

The Daily: Critical Bug Found in the Beam Wallet, Wirex Adds Another CryptocurrencyIn Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users […]

The post The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency appeared first on Bitcoin News.

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency PolicyAn Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Also read: Indian Supreme Court Moves […]

The post Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy appeared first on Bitcoin News.

Iran Labels Telegram’s Coin a Threat to National Security

Iran Labels Telegram’s Coin a Threat to National SecurityTehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram. Also read: Bill to Curb Iranian National Crypto Filed in US Congress ‘Disruption to the National Economy’ Authorities in […]

The post Iran Labels Telegram’s Coin a Threat to National Security appeared first on Bitcoin News.

Russians to Be Allowed ICO Investments up to $9,000 per Year

Russians to Be Allowed to Invest in ICOs up to $9,000 per YearRussian lawmakers have revised another bill regarding the regulation of the industry built around cryptocurrencies. In its latest version, the draft law on crowdfunding sets the maximum amount of money ordinary Russians will be permitted to invest in projects such as ICOs at less than $9,000 per year.      Also read: Lawyers to Help the […]

The post Russians to Be Allowed ICO Investments up to $9,000 per Year appeared first on Bitcoin News.

Binance Terminates Services for Users in Belarus

Binance Terminates Services for Users in BelarusCryptocurrency exchange Binance has informed Belarusian customers that its services will no longer be available in their country. The announcement follows reports of similar restrictions for residents of other nations under economic sanctions, such as the Islamic Republic of Iran and Zimbabwe. Also read: Russian Miners Sell Their Equipment Amid Market Plunge Belarusians Lose Access […]

The post Binance Terminates Services for Users in Belarus appeared first on Bitcoin News.