Crypto Integrity: some large exchanges artificially wind up trading volumes.

Crypto Integrity specialists spoke about the so-called “washing trade”, due to which some cryptocurrency exchanges artificially wind daily trading volumes. In particular, among such sites, experts called OKEx, Bit-Z, CoinBene.

Malta, though the “blockchain island”, but the banks are reluctant to open accounts for representatives of the cryptobusiness.

Malta has become home to many cryptocurrency and blockchain companies that have difficulties in other jurisdictions. However, there are also problems in the island state: banks are reluctant to open accounts for representatives of crypto-business. In any case, as long as they do not get a license MFSA. This process is long, it takes about 6 months. As a result, cryptocurrency and blockchain companies cannot operate.

The government of India is reportedly planning to regulate cryptography. What is the motive?

The government of India is exploring the possibility of legalizing cryptography and regulating exchanges.

Several local publications reported that the government of India is exploring the possibility of regulating cryptography.

At a formal government meeting organized by an interdisciplinary committee, a task force led by members of the Ministry of Economy and Information Technologies and the Ministry of the Interior, the committee decided in favor of regulating cryptocurrency using strict rules.