Market Crashed....Don't Panic

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BAD TIME AGAIN FOR FEW DAYS......Dont Panic Lets Wait

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Ban U-Turn? India’s Central Bank Admits Cryptocurrency Regulation is Necessary

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In a first, India’s central bank has called for the regulation of the domestic cryptocurrency sector during Friday’s hearing at the Supreme Court, weeks after enforcing a banking ban against crypto companies. Earlier in April, the Reserve Bank of India (RBI)  issued a circular  that forbade all financial institutions – banks included – from offering services to businesses in the cryptocurrency sector. Furthermore, the policy also mandated banks to stop customers from purchasing cryptocurrencies using fiat funds in their banking accounts. A public interest litigation (PIL) filed in India’s Supreme Court calling for regulation of the cryptocurrency sector saw the central bank  absolve itself of any responsibility  in framing a policy, claiming it was a policy matter requiring legislation through India’s Parliament rather than a subject of debate among courts. Amazingly, the RBI then admitted that it – as a central bank responsible for framing monetary polic...
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Indian State Embraces Blockchain Technology to Mitigate Fraud in Government

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The Indian state of Telangana looks primed as a blockchain technology forerunner in the subcontinent. On July 26, 2018, state officials signed MoUs with various blockchain startups and consultants to augment the use of the burgeoning technology in administrative services. Bringing Transparency to State Administration As  reported  by  Business Standard , Telangana’s I.T. and Industries head Jayesh Ranjan noted the implementation of blockchain technology in “six or seven” government applications. Earlier, the state had piloted blockchain-based land registry and pension platforms to bring transparency and mitigate fraud in the two middlemen-dominated businesses. Rajan revealed migrating to blockchain-based platforms helps omit the opacity of governmental sectors by assisting citizens in tracking sensitive information and pinpointing the progress of essential applications. However, Rajan did not name any area of implementation yet, rendering any presumptions as ...
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Binance: The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards

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Binance, the world’s largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Binance trading platform comes after Binance CEO Changpeng Zhao (CZ) emphasized the importance of fiat on-ramps in increasing the mainstream adoption of cryptocurrencies. WHY CREDIT CARD PAYMENTS ARE CRUCIAL ON BINANCE Earlier this month, in an interview with Boxmining at the Binance Blockchain Week conference in Singapore, CZ said that it is important to strengthen the infrastructure that supports fiat-to-crypto trades. Most of the money, especially in traditional markets, remain in fiat. For the long-term growth of crypto, CZ explained that more fiat on-ramps will have to be introduced to expose cryptocurrencies as an asset class to a wide range of investors. Following the successful launch of Binance Jersey, a fiat-to...
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