An Indian Minister said that one of the states in the country is working towards protecting businesses operating without a regulatory framework in India. The plan includes cryptocurrency exchanges and crypto-accepting companies.

Priyank Kharge, India’s Social Welfare Minister, said that the Karnataka state government is working on setting up an Innovation Authority. The goal is to protect friendly technology businesses that are operating under regulatory requirements.

The minister said that technologies are growing faster and Indian policies are trying to catch up with them. According to Mr. Kharge, rather than banning a people-friendly business due to the regulations, the Innovation Authority needs to come up with a faster policy framework.

Mr. Kharge said:
“For example, bitcoins are traded in restaurants in Bengaluru, and we will need to interact with the government and get a regulatory clarity instead of banning those technologies for which regulations are not yet in place.”

The minister also referred to the recent arrest of Unocoin founders. Unocoin is one of India’s largest cryptocurrency exchanges based in Bengaluru. The exchange installed a cryptocurrency ATM in a mall by ignoring the crypto banking ban ordered by the Reserve Bank of India (RBI), the country’s central banking authority.

The Bengaluru cyber crime department seized the ATM machine and arrested the company’s founders, CFO Harish BV and CEO Sathvik Vishwanath. The accusations claimed that the founders were not given an approval or the permission to set up an ATM.

Meanwhile, The Cyber Crime department of the Central Crime Branch (CCB) said:
“The ATM kiosk installed by Unocoin in Bengaluru’s Kempfort Mall has not taken any permission from the state government and is dealing in cryptocurrency outside the remit of the law.”

Chandigarh, a northern Indian State has become the witness for one of the biggest cryptocurrency scams in the country. The Chandigarh Police has filed a chargesheet against four people accused of scamming a victim out of  ₹6-10 crore ($0.8 – 1.4 million)  through a digital currency investment fraud.

The names of accused people are Vivek Bhardwaj, Amit Bhardwaj, his brother, Hemant Bhope and Pankaj Adlakha. According to the reports, an earlier chargesheet against two men alleged to have “direct links” with A. Bhardwaj had been filed in Delhi.

As of now, the chargesheet spans over 1,800 pages with 15 complains and 27 witnesses. A. Bhardwaj is considered as the leader behind this scam with an alleged fraudulent GainBitcoin crypto company which is a cloud-based platform for trading and mining Bitcoin (BTC).

Also, his brother, Mr. V. Bharadwaj, is accused of being promoting, and marketing as a spokesperson for the firm. Mr. Adlakha has been charged for his role as a promoter, and Mr. Bhope for being GainBitcoin’s secretary and “motivational speaker.”

The accused will be appearing for a hearing on Dec. 4, while the court will be issuing “challan” (document) charging finalized and written. According to the reports, the challan pegs the alleged fraud at six crore rupees; the scam amount exceeds ₹10 crore (around $1.4 million).

Previously, in April. 4, Bhardwaj brothers were arrested for frauding around 8,000 investors out of ₹2,000 crores (about $300 million) via the GainBitcoin scheme. GainBitcoin is a firm co-founded by Bhardwaj brothers. The firm is considered as a Ponzi scheme that guaranteed 10 percent monthly returns within 18 months. The report also mentioned that two brothers have been taken to Pune jail.

Recently, two founders of India’s first cryptocurrency exchange, Unocoin, were arrested for launching a Bitcoin ATM going against the country’s regulations for cryptocurrencies.

In 2018, we witnessed multiple countries issuing their own cryptocurrencies. While not all rollouts are successful implementations, it has done little to discourage nations. Even though Venezuela’s Petro is a failure, it hasn’t stopped countries like Saudi Arabia to consider cryptocurrencies.

Recently, it was announced that Saudi Arabia will be launching its own cryptocurrency by mid-2019. The currency will be backed by the Saudi central bank. Even though there isn’t much time left in the rollout, the group behind this project is still inspecting the potential impact of such a currency.

Even though Bitcoin has observed extreme market volatility, it hasn’t stopped the cryptocurrency from garnering worldwide attention. Digital cash has received favorable opinions from consumers and corporations alike. Various governments and central banks have identified the market demand and are looking for ways to fulfill the same. Creating a native currency in one way to serve the market.

The currency being developed in Saudi Arabia is a venture with the United Arab Emirates. The details about this currency are extremely limited at this time. There isn’t even an official name for it until now. The Saudi Arabian Monetary Authority is investigating the feasibility of this currency. Although this can transform the financial landscape of the country, it does carry potential risks as well.

The new currency is expected to launch by mid-2019 and it is likely to be supported by a small number of banks. Saudi Arabia is looking to improve cross-border payments.

The Indian government is finally planning regulations on cryptocurrencies such as Bitcoin, Ethereum by next month. The government recently published a document explaining the plans to regulate digital currencies.

According to the reports, the regulatory body will be issuing new rules on cryptocurrencies under the guidance of Prime Minister Mr. Narendra Modi. The report also claims that the government will be providing some clarity on digital currencies by the next two months.

Mr. Subhash Chandra Garg, secretary, the department of economic affairs, will be leading the regulation committee. Recently, there have been rumors that the Indian government is planning to issue its own cryptocurrency, but none of the officials have confirmed the plan.

As of now, the panel is focusing on the preparation on a draft report and bill on digital currencies. The next meeting will be held in December and in January. Once the meetings take place, the document will be circulated to the members of the inter-ministerial committee (IMC).

According to the report, the next meeting of IMC will be held so that discussion can take place on the draft report and the bill. The draft is expected to be placed before the IMC by next month.

In October, the Supreme Court of India has established a deadline of two weeks for the Indian government to clarify its position on digital currencies.

Italian authorities are issuing strict rules against cryptocurrency companies. Recently, the Commissione Nazionale per le Società e la Borsa (CONSOB) ordered a ban on three cryptocurrency related firms that provide unauthorized investment services.

The first company is named Richmond Investing has been violated by the Consolidated Law on Finance (TUF). TUF is a fundamental law governing Italian financial markets.

According to the report, the Italian Securities Market Regulator has banned two other companies including Crypton Ltd. and Eagle Bit Trade. It has also stopped Alessandro Brizzi representing Cryptoforce Ltd., from providing services for 90 days.

The press release included that CryptoForce, a company specializing in Proof-of-Stake (PoS) mining, promoted a digital currency named “Crypton.” Brizzi was advertising CryptoForce on Facebook and

Eagle Bit Trade was offering unauthorized “trading packages” to Italian investors.

In March, the Italian Ministry of Economics announced the creation of a decree which would categorize the use of cryptocurrencies in the country. The decree will also mention a number of service providers related to cryptocurrencies.

Thai minister also recently called for more regulations on cryptocurrencies. The deputy prime minister Mr. Wissanu Krea-ngam said that experts shouldn’t be satisfied with current security protocols so as not to shuffle behind criminals that would use digital currencies for funding terrorism or money laundering. Krea-ngam also added that the anonymous nature of some cryptocurrencies poses the security challenges.

One of Google’s account was recently hacked on Twitter that promoted a Bitcoin “giveaway” scam. Twitter has claimed that the third-party marketing app providers are the reason behind the current hacks that have been taking place on the social media.

Twitter’s announcement comes after the account of some high profile brands that were hacked on the platform. Elon Musk’s fake account recently promoted a cryptocurrency giveaway scam. The scammers told non-savvy Twitter users to send small amounts of digital currency for a chance to win as much as 10,000 BTC.

Recently Cybercriminals hacked StatCounter, one of the largest website traffic analytics platforms. The hackers transferred malicious code into more than 600,000 websites. The purpose was to gain access to Bitcoin held at Gate.io the cryptocurrency exchange.

Around 700,000 websites seem to be safe from any potential harm. Because the malicious code specifically targets Bitcoin transactions being made through Gate.io.

Third party apps were able to get hold of dozens of verified Twitter accounts to publish similar giveaway scams. There has been a lot of criticism on Twitter in the past few months over their ad vetting process, as a lot of commentators believe that a social media network should be able to put a hold on scams.

Twitter’s CEO, Jack Dorsey also shared his thoughts about the scams that have been taking place on Twitter. He said, “We are on it.”

Recent few reports said that cryptocurrency hackers are mainly targeting Americans. One of the research team members described the reason behind criminals targeting the U.S. citizens saying,

yes, It's better to give many options than only one. There is the website you can follow to get the updates about the latest upcoming ICO. This will save your time to analyze and search a particular ICO.

So far, I have two websites for you that will help you to find proper ICOs at present and in the coming future.

Coindelite
List of ICO
Coindelite

Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies, and real-time market data.

It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etc.

List of ICO

There has been a surge of new ICOs surfacing every day. There was an urgent need in the market for a place where users can discover all the latest and upcoming ICOs. listofico.com also provides a dedicated blog section which will allow you to get all. the in-depth information about ICOs.

listofico.com is the best place to get comprehensive information on all the latest ICO listings across the globe. You can compare listings, specifications, and price from a single, convenient location.

List of ICO through I came across incodium


There are a lot of ICO right now in the market but to find the Perfect ICO is difficult as there are many fake ICOs are going on. So while searching for ICOs I came across a website named Coindelite where I found many Interesting ICO but I found one ICO which has got great potential. The ICO is called INCODIUM.

Incodium aims to revolutionize the way compensation is provided through a simple, transparent and actionable platform. Their “Smart Compensation Protection” service determines the extent of the loss occurred and the amount of compensation that needs to be provided.

You can also download their official white paper from the official website: https://incodium.io/

If you want to know the latest blogs about ICO visit: https://listofico.com/

To find more interesting ICO visit: https://coindelite.com/

It's better to give many options than only one. There are website you can follow to get the updates about the latest upcoming ICO. This will save your time to analyze and search a particular ICO.

I have one website for you that will help you to find proper ICOs at present and in the coming future.

Coindelite :

Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data.

It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etc.

Coindelite through i came across incodium


There are a lot of ICO right now in the market but to find the Perfect ICO is difficult as there are many fake ICOs are going on. So while searching for ICOs I came across a website named Coindelite where I found many Interesting ICO but I found one ICO which has got great potential. The ICO is called INCODIUM.

Incodium aims to revolutionize the way compensation is provided through a simple, transparent and actionable platform. Their “Smart Compensation Protection” service determines the extent of the loss occurred and the amount of compensation that needs to be provided.

The compensation amount is calculated using these three parameters:

1. 30 times the amount of Incodium coin owned

2. 10,000 USD

3. Actual damage

The amount which will be compensated to the user is the lowest out of the three mentioned parameters.

You can also download their official white paper from the official website: https://incodium.io/

If you want to know the latest blogs about ICO visit: https://listofico.com/

To find more interesting ICO visit: https://coindelite.com/

It's better to give many options than only one. There is the website you can follow to get the updates about the latest upcoming ICO. This will save your time to analyze and search a particular ICO.

I have two websites for you that will help you to find proper ICOs at present and in the coming future.

Coindelite

Coindelite is the most delightful media channel to get you the Latest Bitcoin News, Cryptocurrency News, and ICO Press Releases. Check updated ICO list, Live Cryptocurrency price charts, information Cryptocurrencies and real-time market data.

It is the only web platform that includes information regarding live cryptocurrency price charts, Bitcoin price trends, favourability and unfavorability of a trade, Complete list of ICOs, their scopes and functions, Rates of various cryptocurrencies according to distinguished crypto-exchange platforms, Real-time Market Data, Worldwide press releases, Bitcoin and other cryptocurrencies’ news, Blockchain and ICO Events, leading cryptocurrencies’ lists, and list of Top ICOs (Initial Coin Offerings), etc.

Coindelite through i came across incodium


There are a lot of ICO right now in the market but to find the Perfect ICO is difficult as there are many fake ICOs are going on. So while searching for ICOs I came across a website named Coindelite where I found many Interesting ICO but I found one ICO which has got great potential. The ICO is called INCODIUM.

Incodium aims to revolutionize the way compensation is provided through a simple, transparent and actionable platform. Their “Smart Compensation Protection” service determines the extent of the loss occurred and the amount of compensation that needs to be provided.

The compensation amount is calculated using these three parameters:

1. 30 times the amount of Incodium coin owned

2. 10,000 USD

3. Actual damage

The amount which will be compensated to the user is the lowest out of the three mentioned parameters.

You can also download their official white paper from the official website: https://incodium.io/

If you want to know the latest blogs about ICO visit: https://listofico.com/

To find more interesting ICO visit: https://coindelite.com/

Here all the points for  all ICO investors should study before jumping into an ICO.

1.Team

This is the first thing an investor should analyze. It goes without saying that projects that do not give information on their team are an absolute no. A strong team is the most important indicator of a legitimate project and dramatically reduces the chances of an ICO failing. Investors should always do a thorough background check. It is important to see if they were part of successful businesses before. Blockchain experience is not a norm, since it is a very recent technology. The CTO might not have previously worked on a Blockchain project, but if he has a proven track record of success, whether on a personal project or on a tech firm, chances of success are higher.

2. Media and Community

Any reputable media attention about the project is important to consider. Many projects might not have a lot of media attention, and in these cases, it is important to check for online discussions and forums that judge the project in a more objective manner than self-produced content. Social media communities in sites like Reddit, Twitter, and Facebook can provide us with the objective view we mentioned.

3. Timeline

The timeline of a project is also a very important consideration. Projects should always have a defined and realistic roadmap with set milestones. Additionally, investors should know if the project is in an alpha, beta, or prototype stage. A project just having a whitepaper even after the ICO has started, is not the best sign. We recommend most investors to look for ICOs that have an MVP or some similar demo/prototype that proves that the product will actually work.

4. White Paper

This is where the central idea of the project is presented. Investors can note if the project makes actual sense. Good writing and a clear presentation of the idea is essential.

If you are looking for an ICO which is not just reliable but will also give you good returns. The ICO name is INCODIUM.


Incodium is an API-based smart contract solution platform to provide potential investors a way to cope up with the threat of cryptocurrency exchange hacking by providing a ‘smart compensation protection’ service for eligible victims.

For more information and press releases regarding INCODIUM visit: https://coindelite.com/

Here all the points for  all ICO investors should study before jumping into an ICO.

1.Team

This is the first thing an investor should analyze. It goes without saying that projects that do not give information on their team are an absolute no. A strong team is the most important indicator of a legitimate project and dramatically reduces the chances of an ICO failing. Investors should always do a thorough background check. It is important to see if they were part of successful businesses before. Blockchain experience is not a norm, since it is a very recent technology. The CTO might not have previously worked on a Blockchain project, but if he has a proven track record of success, whether on a personal project or on a tech firm, chances of success are higher.

2. Media and Community

Any reputable media attention about the project is important to consider. Many projects might not have a lot of media attention, and in these cases, it is important to check for online discussions and forums that judge the project in a more objective manner than self-produced content. Social media communities in sites like Reddit, Twitter, and Facebook can provide us with the objective view we mentioned.

3. Timeline

The timeline of a project is also a very important consideration. Projects should always have a defined and realistic roadmap with set milestones. Additionally, investors should know if the project is in an alpha, beta, or prototype stage. A project just having a whitepaper even after the ICO has started, is not the best sign. We recommend most investors to look for ICOs that have an MVP or some similar demo/prototype that proves that the product will actually work.

4. White Paper

This is where the central idea of the project is presented. Investors can note if the project makes actual sense. Good writing and a clear presentation of the idea is essential.

If you are looking for an ICO which is not just reliable but will also give you good returns. The ICO name is INCODIUM.


Incodium is an API-based smart contract solution platform to provide potential investors a way to cope up with the threat of cryptocurrency exchange hacking by providing a ‘smart compensation protection’ service for eligible victims.

For more information and press releases regarding INCODIUM visit: https://coindelite.com/

There are a lot of ICO right now in the market but to find the Perfect ICO is difficult as there are many fake ICOs are going on. So while searching for ICOs I came across a website named Coindelite where I found many Interesting ICO but I found one ICO which has got great potential. The ICO is called INCODIUM.


Incodium has developed a solution to protect users and investors against the rising threat of cryptocurrency hacks. Incodium is achieving this through an API-based Smart Contract Solution.

Incodium aims to revolutionize the way compensation is provided through a simple, transparent and actionable platform. Their “Smart Compensation Protection” service determines the extent of the loss occurred and the amount of compensation that needs to be provided.

The compensation amount is calculated using these three parameters:

1. 30 times the amount of Incodium coin owned

2. 10,000 USD

3. Actual damage

The amount which will be compensated to the user is the lowest out of the three mentioned parameters.

You can also download their official white paper from the official website: https://incodium.io/

To find more interesting ICO visit: https://coindelite.com/