• Indian exchange proposes sandbox
    Asia & Australia,  Politics,  Regulation

    Indian exchange proposes sandbox to avoid countrywide crypto ban

    BuyUcoin says its proposals have been drawn up in conjunction with other Indian trading platforms but there’s no guarantee that the government will listen

    “This is the first milestone of a long journey for making cryptocurrency accessible to the masses,” BuyUcoin CEO and co-founder Shivam Thakral said. “The draft of the sandbox is driven by input from crypto experts and industry insiders. This will not only help the government to make laws, but will also guide startups and budding entrepreneurs to enter this blooming industry.”

  • Ex-Reserve Bank of India governor Libra
    Bitcoin,  Libra,  Politics,  Regulation

    Ex-Reserve Bank of India governor: Bitcoin, Libra and central bank digital currencies can co-exist

    Raghuram Rajan, the former RBI governor, says competition between private and public initiatives is crucial to prevent one asset becoming too powerful

    A former governor of the Reserve Bank of India has said that he believes private digital currencies such as Facebook’s Libra should be allowed to compete with central bank digital currencies—and warned it would be “problematic” if any single asset establishes a monopoly.

  • India revisits crypto ban
    Bitcoin,  Cryptocurrencies,  Regulation

    India revisits crypto ban in fresh blow to embattled industry

    Months after exchanges began tentatively opening and reopening for business, reports suggest the Indian government is not finished in its quest to ban the trade of digital assets

    The rumored ban comes months after the country’s Supreme Court overturned controversial restrictions that prohibited banks from dealing with exchanges. Those measures left many trading platforms unable to operate, with some closing their doors for good.

  • newspaper
    Alt coins,  Asia & Australia,  Bitcoin,  Cryptocurrencies,  Innovators,  Media

    Must-reads for September 28, 2018: Walmart forces blockchain on farms, big Indian exchange shuts down, and crypto stuff to do in Scotland

    Here are the crypto stories you should be watching today

    Walmart, Sam’s Club tell suppliers to get on blockchain network (Computerworld) Walmart has told suppliers of leafy green vegetables that they better tracking their produce on the blockchain in the next 12 months or else. The goal is to enhance food safety and find the sources of E coli when they happen. It would also mean that Walmart would be able to isolate problems and not have deal with the expenses of mass recalls. Besides, Walmart loves it when suppliers outsource thing to China.   Major Indian Bitcoin Exchange Zebpay Shuts Down Due to Banking Freeze (CCN) Zebpay, one of India’s biggest crypto exchanges, is calling it quits. That means…

Subscribe to the
MODERN CONSENSUS Newsletter