Laos’ notice to its citizens, on cryptocurrency trading and their usage
Following a notice dated 29th August that warned the public of using unregulated cryptocurrencies, specifically mentioning Bitcoin, Ethereum and litecoin. Laos’ central bank has published a cautioning notice to the public, warning them against cryptocurrency trading and usage as a means of payment.  The notice was directed to merchants, traders and residents, urging them to… (0 comment)

RBI worries over the results of banning Cryptocurrency
Regulators in India directed on April 6th that all lenders should close down all accounts of cryptocurrency exchangers and traders. They were to also wind up their relationship with them within a three month period. Reasons for the ban The reserve bank of India stated that even though there haven’t been risks that have been… (0 comment)

Iran Gives Details Of Its National Cryptocurrency
The Republic of Iran reportedly announced its plans to launch its own national cryptocurrency. The Iranian government started arrangements to create its own cryptocurrency in an attempt to avoid sanctions imposed by the unites states earlier this year. Iran’s economy is on the verge of collapsing following the recent sanctions passed by the United States. … (0 comment)

Prohibition of virtual currency promotion activities in Guangzhou, China
Adoptions of virtual currency have been met with a lot of challenges in different regions and in different platforms. The major challenge has been in the area of advertisement. Previously virtual currency promotion was banned in various social media like facebook and even in Google platforms. Different countries have also had different approach when it… (0 comment)