News you should know

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(Edited)

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These are the most outstanding news that created important:

  • In a 180-page verdict, the Supreme Court of India said that the ban on the commercialization of digital currencies was not proportional and that the central bank itself (RBI) had not found any adverse impact or damage done by the activities of the cryptocurrency exchange houses.
  • Following the application of the 5th Directive of the European Union against Money Laundering (5AMDL) announced earlier this year, the German Federal Financial Supervision Authority (BaFin) now classifies all digital assets as financial instruments. The document describes the differences between some digital assets and classifies some tokens as "investments", others as "securities and investments" and others as "securities".
  • Bitcoin now qualifies as legal money in France after the pioneer cryptocurrency was recognized by the Nanterre Commercial Court, as an intangible, fungible, legal and exchangeable asset, just like fiat money. In the French territory, it is expected that from the decision, dated February 26, transactions will reboot and improve the liquidity of BTC.
  • A group of exchange houses and Steemit took control of the Steem blockchain after using their users' funds to replace 20 of the 21 delegates or witnesses in their governance system. The Steem community and crypto-ecosystem figures denounced the situation. Following the takeover of the Steem network, Changpeng Zhao, CEO of Binance, announced the withdrawal of the criticized vote. Justin Sun, founder of Tron and owner of Poloniex, who is allegedly behind the user account @dev365, also decided to withdraw his votes.
  • The Department of State of the United States warned that all operations carried out by people or companies in this country with "the former regime of Nicolas Maduro or PDVSA" are subject to penalties, regardless of whether these transactions are made with petros, cryptocurrencies such as bitcoin or any other digital token.
  • A new online application called Bitcoin Price Map shows a global map with the different cryptocurrency exchange rates. This allows us to know, for example, that the Latin country where bitcoin has the highest price is Argentina, while Colombia has the lowest exchange rate.


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