In the month of April, RBI (Reserve Bank of India) had sent a circular to banks to ban any firm accounts who caries trades with cryptocurrency. RBI gave a time period of three months until July 6. Zebpay is one of the largest cryptocurrency exchanges in India. According to an...
With the growing number of exchanges sites, it becomes a very daunting task for the government to keep track of every company’s action and prevent it from any illegal use. In the purview of that, the government of Philippines has come forward to limit the number of cryptocurrencies exchange...
Japan was shocked by the $500 million hack of the cryptocurrency exchange a few months back. Ever since then, the financial services agency is conducting proper inspections before issuing any licenses to the cryptocurrency exchanges. Up until now, the financial services agency of Japan has not rejected the application of...
Well, we have heard of countries around the world regulating the cryptocurrency law in the view to protect country’s economic condition. But the Philippines government has taken a step ahead to support 10 cryptocurrency exchange houses and blockchain companies. This decision taken is expected to boost country’s economy...
In a recent report, a system glitch in South Korean cryptocurrency exchange leads to the withdrawal of 5 times more coins than requested by users. This event resulted in a lot of money being lost by the exchange house and have requested users to voluntarily return the money back. Hence...
Sequoia Capital sued Zhao Changpeng , Founder of Binance a Cryptocurrency Exchange. This legal action took place due to a funding that went wrong. Binance is one of the fastest growing startups. Zhao Changpeng founded Binance nine months ago. Sequoia is California-based company and has backed companies like Google, Airbnb, and...
