Zebpay Announcement: Your Rupee Withdrawals Could Stop ? RBI Bans Trading Bitcoin in India

Zebpay sent an email to the platform users today at 1:39 Pm in light of recent Reserve Bank Of India Circular, dated April 6th, on ‘Prohibition on dealing in virtual currencies. Zebpay said that they have approached the Supreme Court of India to challenge. In case the rupee holders choose to place a withdrawal request, they shall…

How is Bitcoin taxed ?

Bitcoin is now listed on exchanges and has been paired with leading world currencies such as the US dollar and the euro. The US Federal Reserve acknowledged the growing importance of bitcoin when it announced that bitcoin-related transactions and investments cannot be deemed illegal. At the start bitcoin’s attractiveness was attributed partly to the fact…

Bitcoin Is ‘Not For Me’ Says Goldman Sachs CEO Lloyd Craig Blankfein

For Lloyd Blankfein, bitcoin is just not his thing. The Goldman Sachs director and CEO said in an assembly on tuesday that “it is not for me” while gotten a few records approximately the arena’s largest digital cash by means of show off capitalization. displaying up at the monetary membership of recent york, he commented: “I don’t…

Blockchain-Based Community Currencies to Be Launched in Kenya

Network of blockchain-based community currencies will be launched in Kenya, said Bancor. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By utilizing the Bancor Network, the disadvantaged communities in Kenya will have the capacity to make computerised monetary forms that can hold at least one adjusts…

Brief Overview of 5 Privacy Coins ( Zcash, Monero, Dash, Zcoin, Pivx)

Many people believe that because Bitcoin is decentralised, it is also private. This is not true. Since the inception of Bitcoin there has been a keen interest in Privacy tokens. Individuals that support privacy tokens are not necessary criminals or bad actors, just have strong beliefs over retaining their individual rights for financial security. Here’s…

Swiss Bank Allowing Business Accounts for Crypto Companies

Swiss Bank to Open Business Accounts for Crypto Companies  Hypothekarbank Lenzburg Mortagage bank of Switzerland(Hypi) has announced that it will open business accounts for crypto companies like javvy , stream token, Moetha, Shapeswift etc. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly as one would…

Who Created Ethereum?

“VITALIK BUTERIN INVENTED THE WORLD’S HOTTEST NEW CRYPTOCURRENCY AND INSPIRED A MOVEMENT — BEFORE HE’D TURNED 20.” First there was bitcoin, now there’s ethereum. The cryptocurrency, along with its associated blockchain software platform, has gained popularity recently and is considered an alternative to bitcoin. Ethereum is up 4,100 percent year to date, CNBC reports, and made headlines this…

Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. Founder Jihan Wu says he’s basically examining the possibilities of a listing in Hong Kong or “an overseas market with U.S. dollar-denominated shares.” This, he says, would give early investors the chance to cash out….