Bybit registers with Indian authorities, restores services in the country
Cryptocurrency exchange Bybit has announced its comeback to India after registering with authorities in the country.
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Time Magazine Includes Blockchain Startup in Its 50 ‘Genius Companies 2018’ List
American journal Time Magazine has included a blockchain startup in its recent top 50 “Genius Companies 2018" list, published Thursday, October 4.In putting together the list, the magazine asked their editors and correspondents to name "businesses that are inventing the future." Influence and success were among the criteria for the choice. Bitland, a blockchain startup…

Stripchain raises $10M to simplify blockchain user experience
Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers.

Andre Cronje critiques appchains: High costs and liquidity challenges
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges.

Bitcoin investment product inflows top $1B as BTC rallied to $66K — CoinShares report
Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.

South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin
South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29.There was an initial beta soft launch of the coin on Airswap, a decentralized exchange platform, before the tokens were released on the global and Korean exchange, according…

Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’
Singapore’s central bank has held discussions with Facebook about its upcoming libra cryptocurrency, Bloomberg reported on June 27.Ravi Menon, the managing director of the Monetary Authority of Singapore, reportedly acknowledged libra’s potential benefits — such as making payments cheaper or supporting the unbanked — but said the regulator needs to understand exactly how the tech giant’s system will work.As well…

Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins
In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries. 5518 Total views 20 Total shares Her Majesty's Treasury requests and requires the crypto industry's input on prospective regulation.In a Jan. 7 announcement of open consultation, the United Kingdom's finance policy…

Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.