WazirX, the largest cryptocurrency exchange in India, has received a show cause notice from the Directorate of Enforcement. The exchange is accused of violating the Foreign Exchange Management Act (FEMA) of 1999, which regulates external payments and foreign trades. The notice is linked to the law enforcement agency’s ongoing investigation into how Chinese nationals were laundering […]
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WazirX, the largest cryptocurrency exchange in India, has received a show cause notice from the Directorate of Enforcement. The exchange is accused of violating the Foreign Exchange Management Act (FEMA) of 1999, which regulates external payments and foreign trades. The notice is linked to the law enforcement agency’s ongoing investigation into how Chinese nationals were laundering […]
During a recent interview at the CNBC’s Squawk Box show, Robert “Bob” Hormats, the present Vice Chairman at Kissinger Associates, who used to be in the same position in the Goldman Sachs banking giant, explained the goals that the Chinese government is chasing while banning Bitcoin miners and crypto exchanges. China has been clamping down, while […]
During a recent interview at the CNBC’s Squawk Box show, Robert “Bob” Hormats, the present Vice Chairman at Kissinger Associates, who used to be in the same position in the Goldman Sachs banking giant, explained the goals that the Chinese government is chasing while banning Bitcoin miners and crypto exchanges. China has been clamping down, while […]
CEO and co-founder of Sygnia, a financial services company, Magda Wierzycka, who is also a South African billionaire, believes that Elon Musk has been manipulating the Bitcoin market for his benefit. Besides, if the Tesla CEO did to a public company what he has done to Bitcoin, in manipulating its price, the US securities regulator […]
CEO and co-founder of Sygnia, a financial services company, Magda Wierzycka, who is also a South African billionaire, believes that Elon Musk has been manipulating the Bitcoin market for his benefit. Besides, if the Tesla CEO did to a public company what he has done to Bitcoin, in manipulating its price, the US securities regulator […]
JPMorgan Chase & Co., the largest U.S. bank, has poured cold water on El Salvador’s big decision to make Bitcoin its official currency. In its most recent note, it writes that it’s “difficult” to see any “tangible economic benefits” in the adoption of the largest cryptocurrency. The bank adds that the country’s decision […]
JPMorgan Chase & Co., the largest U.S. bank, has poured cold water on El Salvador’s big decision to make Bitcoin its official currency. In its most recent note, it writes that it’s “difficult” to see any “tangible economic benefits” in the adoption of the largest cryptocurrency. The bank adds that the country’s decision […]
Lightning Network-powered app Strike bringing Bitcoin to El Salvador was widely viewed as a breakthrough moment for the entire industry, but not everyone is happy. In a recent tweet, Matt Hamilton, director of developer relations at Ripple, claims that Jack Mallers’s killer app took notes from the company’s On-Demand Liquidity solution (formerly known as […]
Lightning Network-powered app Strike bringing Bitcoin to El Salvador was widely viewed as a breakthrough moment for the entire industry, but not everyone is happy. In a recent tweet, Matt Hamilton, director of developer relations at Ripple, claims that Jack Mallers’s killer app took notes from the company’s On-Demand Liquidity solution (formerly known as […]