Bitcoin Cryptocurrency Blockchain and ICO News

With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban.

Chinese cryptocurrency exchange BTCC has announced the official relaunch of its trading platform, while also suggesting that it will eventually offer its own token.

The South African cryptocurrency industry is bursting into life with other exchanges in the pipeline during the third quarter of 2018. SygniaCoin is a new exchange platform, run and founded by CEO, Magda Wierzycka.

Cryptocurrency is very popular in South Korea, and South Korean exchanges were amongst the biggest in the world. However, the industry has suffered somewhat from a suspicious government. ICOs were made illegal in September 2017, and it allowed exchanges to operate only under strict conditions.

The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country.

India’s cryptocurrency industry has seen some awkward developments. The Reserve Bank of India prevents banks from offering services to Bitcoin firms. Even so, domestic exchanges are coming up with ways to survive this troublesome development. Crypto-only and P2P trading are two valid business models at this stage.

A growing number of businessmen in Nigeria are opting for handling their business using the digital currency instead of the Naira. The country’s national currency seems to be more volatile than Bitcoin, at times.

The latest version of the Opera for Android, currently available in a private beta, introduces an easy-to-use and built-in cryptocurrency wallet functionality to the browser.

In trendy days, ICO script is the most wanted solution among fresh businessmen to enter into the cryptocurrency business world. ICO means crowdfunding technique, for making your new cryptocurrencies…

After months of uncertainty, there are indications that India may not, after all, opt for a blanket ban on virtual currencies. A finance ministry panel set up to study them may even suggest that they be treated as commodities.

Coinsmart, a Canadian startup, has launched a new cryptocurrency exchange for investors in the country. The platform targets the “Crypto Curious” market, meaning people who are just entering the market.

The Financial Services Agency, the government agency that oversees banking, securities, and exchange services in Japan, plans to set up stricter requirements on cryptocurrencies and its use for speculative purposes.