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Crypto Exchanges Coming to the Philippines in Droves
“There are 29 pending applications under different stages of processing, i.e., ongoing evaluation, awaiting submission of documentary requirements, and for presentation of business model.”
- Categories
- Technology
- Region
- Asia Pacific
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Reserve Bank of India bars banks from links to cryptocurrencies like bitcoin
RBI, however, has set up a group to study and provide guidance on the desirability and feasibility of introducing a central bank digital currency.
- Region
- South Asia
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Kenya is finally softening its stance on blockchain technology
Kenya has for years regarded blockchain technology and digital currencies with suspicion, comparing bitcoin to a “pyramid scheme,” and emphasizing that it had no legal footing.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
- Tags
- bitcoin, blockchain, cryptocurrency, Kenya, mobile money
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Africa’s first bitcoin exchange targets 1 billion users
Luno, founded in South Africa in 2013, has plans to become one of the leading cryptocurrency traders in the world.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
- Tags
- Africa, bitcoin, cryptocurrency, fintech, South Africa, technology
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To ethically mine crypto we need to use renewable energy
Blockchain technology and its most popular cryptocurrency, bitcoin, have been called of equal importance to the internet, capable of transforming businesses, government, and social interaction: the entire fabric of modern society.
- Categories
- Energy, Inclusive Fintech, Technology
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More Bitcoin Regulation Likely In Emerging Markets
According to a report from Bloomberg, published at the end of last year, around 58% of the world’s cryptocurrency mining pools are located in China, followed by the US at 16%. Even though significant financial institutions within China are forbidden from providing payment services for products denominated in bitcoin due to bitcoin regulation, other platforms have emerged to offer investors this service.
- Categories
- Inclusive Fintech, Technology
- Region
- Asia Pacific
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Here is a look at the legality or illegality of uses of cryptocurrencies in India
The statement of the Finance Minister Arun Jaitley in the Budget speech on cryptocurrencies created quite a disruption, with many speculating that the statement implied that cryptocurrencies were banned in India.
- Categories
- Technology
- Region
- South Asia
- Tags
- bitcoin, cryptocurrencies, India, regulations
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China’s cryptocurrency crackdown cost bitcoin company BTCC tens of millions in revenue: ‘It was in the realm of our worst possibility’
BTCC founder and CEO Bobby Lee told Business Insider: "We always knew it was a risk that the Chinese government would look unfavourably on bitcoin and put some strong rules around it.
- Categories
- Inclusive Fintech
- Region
- Asia Pacific
- Tags
- bitcoin, China, cryptocurrency, fintech
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