BITCOIN LAOS

China’s  cyberspace administration has released the first list — 197 companies long — of registered  blockchain  service providers, according to their March 30  notice . Chinese initiatives by internet giants such as Baidu Blockchain Engine,  Alibaba  Cloud Blockchain-as-a-Service ( BaaS ), Tencent BaaS (TBaaS) and the BaaS platform owned by  e-commerce  giant  JD .com  appear  on the list. Financial institutions such as the China Zheshang Bank and Ping An Insurance Company are also included. Some less-known companies such as blockchain-enabled supply chain management service  VeChain  and parcel delivery service ParcelX are present on the list as well. The article also notes that no institution or individual is permitted to use blockchain for any commercial purpose. The Chinese cyberspace administration will reportedly search for other services that should register and “relevant institutions and individuals who h...

Indian   cryptocurrency   exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was   announced   in an official blog post on March 30. Eighteen months after its first launch, Coindelta has told users that severe restrictions on banking services for crypto-related firms in India has caused its operating costs to escalate, and that therefore it is not economically viable to continue operations. The post notes: “It has been really difficult for us to operate Coindelta exchange for the last 6 months. The curb on the bank accounts by RBI has made us handicapped in order to provide seamless deposit and withdrawal services. There has not been any significant progress in the Supreme Court case which makes it difficult to predict when we will see the regulation.” In April 2018, India’s central bank, the Reserve Bank of India ( RBI ), had   prohibited   all ...