India’s Crypto Crackdown: Wealthy Bitcoiners Targeted, Start-Ups Scrutinized (news.bitcoin.com)

It has been a busy week for the government of India concerning cryptocurrencies. After it raided crypto exchanges, it is now actively investigating wealthy bitcoiners through the Income Tax Department of India (ITDI). In addition to roustings and investigations, the Securities and Exchange Board of India (SEBI) announced new scrutiny initiatives regarding initial coin offerings (ICOs) which it describes as “Ponzi Schemes.”
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FCA Accuses Banks of Anti-Competitive Practices Towards DLT Start-Ups (news.bitcoin.com)

The UK financial regulator, the Financial Conduct Authority (FCA) has accused financial institutions of withholding financial services from distributed ledger technology (DLT) start-ups on a wholesale basis. The assessments have been published in a report examining the outcome of the nation’s ‘regulatory sandbox’ one year after its launch.

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Op Ed: The Future Is Bright — for 3 Out of 4 Blockchain-Based Startups (bitcoinmagazine.com)

More than $ 35 billion worth of new investment has poured into cryptocurrencies since the beginning of 2017, and famed investor Tim Draper is publicly supporting Tezos’s ICO.With news like that, it’s pretty clear to anyone watching that the world of blockchain technology and decentralized-based solutions is heating up rapidly. As investment and activity increase, so does the need for greater differentiation…

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