Trading activities on Chinese over-the-counter (OTC) desks have started to gain momentum once again just a few weeks after authorities announced plans to crack down on bitcoin (BTC) trading and mining operations, according to a Bloomberg report on May 30, 2021. Crypto Trading Activities Gradually Resuming  It appears Chinese bitcoin traders are gradually overcoming theRead More

Irish Central Bank official Derville Rowland says the rising popularity of cryptocurrencies like Bitcoin is “of great concern.”

The post Crypto Popularity of ‘Great Concern’ to Irish Central Banker appeared first on BeInCrypto.

Indian banks are reportedly citing the 2018 circular issued by the Reserve Bank of India(RBI), the Indian Central Bank, to caution customers against dealing in cryptocurrencies, reported Bloomberg. The said circular prohibited banks from offering any service to crypto exchanges and platforms, but it was quashed by the Supreme Court in March last year. Despite

The post Indian Banks are Reportedly Using RBI’s Quashed Circular From 2018 to Warn Users Against Crypto appeared first on Coingape.

Yet another Bitcoin proponent has rushed to the coin’s defense amid mounting concerns of the network’s environmental impact.

Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.

Chinese crypto traders are reportedly continuing to trade in the market, despite regulatory scrutiny, by using OTC platforms.

The post Crypto Traders Circumventing China’s Crackdown With OTC Platforms appeared first on BeInCrypto.

More than $560 million worth of ETH has been deposited into Ethereum’s staking contract over the last two days. That is according to recent learning, which records 220,000 ETH was placed therein between May 25-27. The endgame for ETH, as it stands, is the inbound 2.0 upgrade but that might be well over a year […]

Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director.

Strong hands are hodling stronger than ever as May 2021 lines up to be the worst May ever for Bitcoin.

The US Securities and Exchange Commission (SEC) has sued five individuals for promoting BitConnect Initial Coin Offerings (ICO) via various mediums that helped the firm raise $2 billion. The five individuals are accused of promoting unregistered security, a common theme among many ICOs from 2017. The chief regulatory body in a Friday briefing mentioned the

The post SEC Sues Five Bitconnect Promoters Over $2 Billion Fundraise appeared first on Coingape.

Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today.

The post China: Crypto traders turn to OTC platforms amidst Bitcoin crackdown appeared first on CryptoSlate.

According to the Bloomberg report, one of the top officials at Ireland’s central bank, Derville Rowland, said that the rising popularity of cryptocurrencies such as bitcoin is “of great concern.” “Crypto assets are quite a speculative, unregulated investment,” and people should be “really aware they could lose the whole of that investment,” the central bank’s […]