Indian Supreme Court Postpones Crypto Case to November
Oct15

Indian Supreme Court Postpones Crypto Case to November

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto Supreme Court Hearing Rescheduled Again The Indian supreme court...

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Diversified Crypto Fund Receives FINRA Regulatory Approval
Oct15

Diversified Crypto Fund Receives FINRA Regulatory Approval

Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss Bourse Fund Gains FINRA Approval Digital currency...

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The Fed Plans to Inject $60 Billion per Month Into the Economy
Oct15

The Fed Plans to Inject $60 Billion per Month Into the Economy

On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020. Further, Fed chair Jerome Powell and his partners have also stressed they don’t want the media to call the purchasing...

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Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives
Oct15

Berlusconi Admins Disappear — Darknet Users Rush to Find Alternatives

The darknet marketplace Berlusconi Market has been reportedly down for more than two weeks, according to users who patronize the hidden website. The outage has led many to believe the market administrators exit scammed with all the funds. While others speculate that government agents have infiltrated Berlusconi Market as there are no signs of the underground market coming back online anytime soon. Also read: Darknet Markets Are...

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Tax Guide: What Crypto Owners Should Know
Oct15

Tax Guide: What Crypto Owners Should Know

With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are not taxing crypto transactions. Furthermore, many tools exist to help crypto owners. Also read: IRS Issues New Crypto Tax Guidance – Experts...

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IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
Oct14

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD. In short, should these fail, central banks and their governments retain the ability to trade and plan with liquidity via another, exclusive...

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