Tag: Regulations

Who are the Crypto Regulators in Asian Countries?

noohshamsie

By Jan Stepnov on ALTCOIN MAGAZINE Jan Stepnov Apr 8 As demand for cryptocurrency grows, global regulators are divided on how to keep up. Most digital currencies are not backed by any central government, meaning each country has different standards. Every seemingly small regulation announcement has driven the price of bitcoin and other cryptocurrencies in 2018. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the Asian countries, India is the only one with no legal mandate to directly regulate crypto assets. India Three regulators — the Reserve Bank…

Riding the blockchain tide to wipe out uneasiness on the planet

sdgadmin

Earlier on, tech revolution was around product development. It took a while, but then it was followed by Open Sourcing of technology – making it accessible to all. Likewise, came in Cryptocurrency – attempting to design a currency for fair and free trade – unbound by the mechanics of taxation, handling charges and federal policies. Backed by Blockchain, it made significant inroads on to the global markets and choreographed some seismic shifts in the way transactions were executed and currency exchanged hands. While the merits and the demerits of such…