Singapore Central Bank’s Guidelines Discourage Crypto Trading

On Monday, the Monetary Authority of Singapore issued guidelines limiting the promotional activities of the cryptocurrency trading service providers for the general public. The MAS intends to protect retail investors from potential risks by doing so.

Singapore is home to a number of cry...

PETER SCHIFF: GRAYSCALE WILL SELL BTC TO FUND BUYBACK OF GBTC

Highlights:

•          Peter Schiff does not think bitcoin is of any value

•          The statements about Grayscale selling its BTC has been refuted by the company  <...

GEEK GROUP OFFICIALS INDICTED; 2 YEARS AGO THE GROUP SHUT DOWN POST A RAID

Highlights:

•    The Geek Group is now defunct

•    Indicted individuals will face consequences if convicted.

Geek Group was raided two years ago for illegally transacting money in lieu of bitcoin. It was alleged that the group...

INDIAN GOVT. FIRM ON BANNING CRYPTOCURRENCIES

Highlights:

• The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 will be introduced in the budget session
• Investors are likely to be given 6 months to take care of their cryptocurrencies

India's stand on cryptocurrencies remai...

INDIAN GOVT. LOOKING AT BANNING CRYPTOCURRENCIES VIA BILL

Highlights:

•             Reserve Bank of India is looking at setting up a framework to launch digital currencies

•             Risks of the crypto...

JAPANESE COMPANIES TO LAUNCH TESTS TO CREATE INFRASTRUCTURE FOR CASHLESS PAYMENTS

Highlights –

• Japanese companies to launch tests to create infrastructure for cashless payments.
• More than 30 major companies will launch the tests from fiscal 2021.
• Japan’s three megabanks and East JR Co. issued smart card to ex...