The bank has appealed the decision following the court order the asks for banks to let crypto exchanges open their bank accounts.
The South African Reserve Bank (SARB) that the volatility and instability of digital currencies don’t make them fall under the ;currency’ bracket.
In addition to maritime insurance, Insurwave will be further used for other applications like global logistics, marine cargo, aviation and energy sectors.
Crypto experts said that such investigations help to remove bad actors from the market giving room to the growth of a healthy trading environment.
The German Stock Exchange is currently working on trying to understand this space and where it stands in the eyes of European regulators.
Authorities are investigating the possibility of spoofing and wash trading in the Bitcoin price manipulation.
Coinbase will integrate Paradex with Coinbase Pro in order to give its customers access to a large number of digital currencies along with some exciting new features.
The advisory to crypto exchanges and clearing houses provides essential guidance on the listing of cryptocurrency derivative products.
The tax department of India considers digital currencies as intangible assets or commodities, instead of securities or currency.
While the country’s regulatory body looks hopeful towards investing in digital currencies through registered funds, the central bank governor thinks otherwise.