The RBI has given a three-month period to cut ties with digital currency-related service. While on the other hand, the central is working on a new fiat-linked cryptocurrency.
A securities regulator in Ontario has issued a warning to those planning to invest in Initial Coin Offerings (ICOs) saying that they might face regulatory issues.
Matonis criticized central financial institutions saying they should rather look at the bond and the stock markets around the world that have been artificially inflated.
It is expected that Monex will make an official announcement of the same ahead this week.
Chinese cryptocurrency hardware manufacturer Bitmain has revealed a new ASIC-based cryptocurrency miner called the Antminer E3 which is expected to rival offerings form Nvidia and AMD.
The proposal for the hard cap is made in order to promote an egalitarian coin distribution or achieve other significant policy goals.
Venture Capital firms are seen changing their investment strategies due to the changing market conditions in the crypto space.
The new cryptocurrency would be used for the exchange of services in the city and also for paying for different public welfare schemes.
Google has announced that it is banning cryptocurrency mining extensions dedicated to its Chrome browser.
The blockchain will allow people to instantaneously form groups and share files and other information while still keeping the track of the membership.