Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted

A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read: Hearing Concluded — Indian … Read more

Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban

Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including a crypto-to-crypto exchange and a way … Read more

Koinex Exchange Shuts Down Ahead of Crypto Regulation

Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Koinex Shuts Down Indian … Read more

Malta Might Be ‘Blockchain Island’ But Don’t Try Opening a Crypto Bank Account

Malta has been hyped up as the happy ending for crypto business who have trouble operating elsewhere, but there’s a problem: banks are reluctant to grant crypto startups business accounts until they’re properly licensed with the MFSA. This process can take up to six months for a first-round response, leaving many businesses unable to operate … Read more

Indian Government Confirms Cryptocurrency Regulation in Final Stages

The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks … Read more

The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’

Saturday’s edition of The Daily covers developments of interest to crypto traders. Once one of the largest exchanges in India, Zebpay is now increasingly focusing on Europe. The platform has expanded its services to residents of five more countries in the region. Also, troubled crypto trading platform Coinpulse has announced “indefinite maintenance,” asking customers to … Read more

The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH Transactions

In today’s edition of The Daily, we feature a number of recent developments from influential cryptocurrency exchanges including Bitfinex, Coinbase and Zebpay. We also cover the latest investment in the field by Paypal co-founder, Peter Thiel. Also Read: Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases Bitfinex Launches Tether Margin Trading Bitfinex, the … Read more