Cryptocurrencies

bitcoin news

Bitcoin boosted by IMF chief Christine Lagarde’s positive comments

The No. 1 digital currency bitcoin regained ground Tuesday, after some upbeat remarks by International Monetary Fund Managing Director Christine Lagarde pushed bitcoin back above $8,000. The price of a single bitcoin was last at $8,089.92, up 0.5% on the day and off its early morning low of $7,972.55. The digital-currency community got some good […]

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India Cryptocurrency exchanges look to shift base abroad

Days after the Reserve Bank of India (RBI) barred banks from dealing in cryptocurrency, many bitcoin exchanges, including Unocoin, ZebPay, CoinSecure, BuyUcoin and BTCX India, are looking to move their head offices to jurisdictions outside India. Many bitcoin exchanges have already approached their advisers and are working on various tax structures. Most of the exchanges […]

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INDIA RBI’s cryptocurrency clampdown

The Reserve Bank of India (RBI), India’s premier Bank on Thursday, finally clamped down on cryptocurrencies. As part of its bi-monthly monetary policy statement, the central bank stated that, with immediate effect, entities regulated by it can no longer deal with or provide services to any individual or businesses dealing with or settling virtual currencies. […]

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EU Markets Watchdog ESMA Toughens Rules on Crypto Derivatives

The European Securities and Markets Authority (ESMA) has toughened its stance on cryptocurrency derivative contracts. In an announcement Tuesday, the EU markets watchdog said it has agreed to temporarily adjust the leverage limit for cryptocurrency-related “contracts for difference” (CFD) products to 2:1 – a move that will require retail investors to initially pay at least […]

bitcoin atm

Iceland Gets Its First Bitcoin ATM

Iceland’s first bitcoin ATM has been installed at the Hlemmur Square hotel. It is thought, moreover, to be one of the first bitcoin ATMs in Europe. Hlemmur Square’s Bitcoin ATM only accepts deposits currently, but it’s hoped that customers will be able to withdraw money from it in the future. The average age of Hlemmur […]

Austria cryptocurency ico regulations

Austria Planning Cryptocurrency and ICOs Regulations

Austria has joined the list of countries planning to regulate cryptocurrency and will use as a model existing rules for the trading of gold and derivatives. The government’s central concern is curbing the use of cryptocurrencies for money laundering, Bloomberg reports. Likewise, it wishes to extend oversight measures for traditional financial products to crypto assets. […]