India Bans Crypto Trading | Trading Bot Scam | Tamil | DinuUd

India Said to Be Preparing to Ban Cryptocurrency Trading

The federal cabinet is expected to soon discuss a new bill before passing it to the parliament, people familiar with the matter told Bloomberg.
While the government is exploring the possible uses of blockchains to manage land records, pharmaceutical drugs supply chain or records of educational certificates, it is against cryptocurrency trading, according to the two sources.
The Reserve Bank of India had banned commercial banks from servicing to crypto traders and exchanges in 2018.

Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.

Saylor said on Twitter that his business intelligence company had completed the acquisition of 16,796 bitcoin on Monday.

A subsidiary of Russia’s largest bank, Sberbank, has joined a blockchain-based platform for commodity trade finance.

Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to apply its blockchain-powered trade finance service.

Alleged crypto Ponzi scheme targeting Spanish speakers freezes user funds

The team behind Arbistar, a crypto trading bot developer, announced that it would be shutting down a popular trading tool known as Community Bot.

A new project says it is delivering the first-ever public oracle system on the TRON network, enabling real-world data to be injected into smart contracts.

According to the team behind the Bridge oracle, the lack of this infrastructure is currently a pain point as it limits the blockchain’s use case to a tokenization platform.

With $1.5 million of LAND already sold, The Sandbox launches its final presale before its first public round at the end of the year.



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