Several weeks ago the Reserve Bank of India (RBI) received massive backlash from the Supreme Court following a ban on digital assets. The ban prohibited financial institutions against providing digital asset-related services. A legal session held by the Supreme  Court had the hearing postponed to 12th November. Meanwhile, the date would be further extended to 19th November as a result of national holidays in India falling within the same date. The Supreme Court adjudicated for the cryptocurrency business and;  ordered RBI to address the complaints and justify its decision within two weeks. The Indian government began kicked off an inter-ministerial

According to a report from the Group of Seven (G7) nations, cryptocurrencies including Bitcoin have failed to provide an authentic means for payment or store of value. According to the group of the seven wealthiest nations, cryptocurrencies are not a solution; as they are “highly volatile,” have scalability limits, complicated user interfaces, and issues in governance and class for certain investors; and those engaged in illicit activities rather than as a means to make payments,” said the group. On the other hand, the group which consists of France, the U.S., Japan, Canada, Italy, Germany, and the U.K. economies, published a final report

Global crypto exchange Huobi will soon allow Turkey residents to buy cryptocurrencies with their local fiat currency, the Turkish lira. The plan could see an increase of more than 250 cryptocurrencies for local investors. In an announcement made on Friday, Huobi plans to open a fiat gateway in turkey by the end of the year. I will begin with a lira/ (TRY) tether (USDT) pair. This means users will be able to deposit lira through wire transfer; exchange it for tether, and then trade it with other cryptocurrencies Huobi Global supports on its platform. The company announced the plan at

As Ripple builds its name as the internet of value, various institutions are in the front to adopt the blockchain into their ecosystem. Recently, America’s second-largest banking institution joined the bandwagon and proved its interest in Ripple’s technology. The bank has tested Ripple’s Distributed Ledger Technology (DLT). Back in 2018, Ripple mentioned the bank as a potential customer during a presentation. Meanwhile, the Bank of America has been conducting tests on the DLT rather silently; backing reasons of a more apathetic look on the blockchain technology. The ground testing proves that a possible adoption is not far fetched. In fact,

A huge Bitcoin transaction to Binance took place a few hours before the price plunge. The Bitcoin price, recently gone down from around $8070 to $7840 very quickly. Before that, a 10000 BTC transaction worth $80 Million has been transferred to Binance Account. The reason for this transfer is not clear yet but may indicate a further dive into the Cryptocurrency market. Which is why the investors are keen to sell to avoid any further loss. Also, it can be done to drag the price down deliberately. The reason is unknown but definitely suspicious. NearbyPrice Support The price declined by

Cambodia’s central bank, National Bank of Cambodia (NBC) is exploring digital ways to ease the cross-border payments. They are mainly working to cut down the cost of international payments. To fulfill this idea, their mobile payment application system Bakong can be extremely useful. Cross-Border Partnership Last week NBC signed a Memorandum of Understanding (MoU) with Maybank of Malaysia. The agreement between the two parties was mainly to explore possibilities to enable real-time transactions. In that case, Maybank2u and Bakong can go hand in hand to reduce the high settlement fees. Any breakthrough will help the residents of these two countries.

About BILLCRYPT  GLOBAL UNIVERSAL PLATFORM Blockchain Representative offices We are proud to announce that we`re the first and only ones who proposed the concept of the universal daily beneficial use of the blockchain. Platform Billcrypt pl will make the blockchain necessary for literally everyone. We introduced new concepts: BR – Blockchain Representation ViP – Virtual image Part (Part of the virtual image) IVO – Initial ViP Offering BR – Blockchain Representation Any company, professional community, specialist in any field will be able to create its own Blockchain Representation. BR can also be created for goods and in general for everything

Finalists announced for the AIBC Awards Grammy-winning artist Akon and AKOIN co-founders Lynn Liss and Jon Karas will be presenting the Social Impact Award Malta AIBC Summit has announced the finalists for the Malta AIBC Awards taking place 7th November 2019, at the InterContinental Hotel, St Julian’s Malta. On the first day of the summit, the AIBC Awards ceremony will honour the best of the best in the worlds of AI, blockchain, tokenisation, robotics, IoT, and more.   The awards evening includes a gala charity dinner at the InterContinental ballroom. This fund-raiser is organised by SiGMA Group and all proceeds

DRIFE- Taxi 3.0 IEO is live on SHORTEX DRIFE ecosystem is a new paradigm for the ride-hailing industry. DRIFE is the first platform in this niche to express the full features of the decentralized ride-hailing economy. However, it is not only the decentralized nature of it that distinguishes it from the other platforms. The platform deals with a whole new economic model and can incentivize all the value creators inequitable terms. The ecosystem has been developed to solve the current concerns in the drivers’ community, alongside enhancing the quality of rides for the customer. DRIFE aims to eliminate excessive transaction

Cryptoknowmics Welcomes John Dalli and Jorge Sebastiao to its Tribe John Dalli and Jorge Sebastiao are the latest additions to our Cryptoknowmics team. The two have joined us as blockchain advisors and will be leveraging their extensive expertise in science & technology to help us further boost the blockchain industry. The two have been veterans in their respective fields, and together, they shall help us scale the challenges that the blockchain technology presents, while also assisting us in finding alternative avenues in the sector. John Dalli has held several honorable positions in the Maltese Government from time to time. He served as

SF Blockchain Week 2019, Where Past Meets Present From October 28 to 3 November 2019, more than 5000 attendees will gather in San Francisco and Berkeley to celebrate the past and dictate the future of the Blockchain Industry. The purpose? To provide a world-class education for both consumers and developers with the goal of pushing the boundaries of blockchain innovation. SF Blockchain Week is where blockchain startups, enterprise companies, academics, developers, and investors from around the world come together to define the future of blockchain and cryptocurrencies. Throughout the week, we will be having multiple events that cater to specific

BCB Blockchain releases official statement to clarify that it’s the only blockchain tech partner for Yatai City in Myanmar 2019 September 28 – BCB Blockchain released an official company statement on September 19, 2019 to debunk the claim of a certain chinese website named as Asia Pacific Smart Token’s (http://acttchile.com/) that it is supporting Yatai as a blockchain provider for smart city developments in Myanmar. BCB warns the blockchain community that it’s fake website. BCB assures the public that BCB Blockchain is the ONLY blockchain investor and technology provider for the smart city developments in Myanmar’s Yatai Smart City. Below