The co-founder of Five Star Movement, Beppe Grillo, says that Italy may exit from the common currency, euro. Grillo says that the people of Italy should decide if the country should stay in the euro, in an interview on a weekly show on G-Zero World. Plan B is required, he feels. Three large parties in Italy, the Northern League, the Five Star Movement, and the Forza Italia have proposed to introduce a new currency. Forza Italia is led by Silvio Berlusconi, the former Prime Minister of Italy. The election in Italy is scheduled to be held next year, in which…

One of biggest crypto-currency exchanges in India, Zebpay, this week declared closing of its business. The crypto market in India encountered trouble after the RBI (Reserve Bank of India) banned financial institutions and banks from dealing with virtual currencies, comprising Bitcoins. “In spite of banking and regulatory issues along our journey, we carried on to seek for solutions as we did not need India to miss the digital assets’ bus that powers the public blockchain. On the other hand, the latest past has been very hard. The limitations on bank accounts have crippled us and our clients’ capability of transacting…

On September 26, the US House of Representatives approved a bill to create a task force group to combat the use of cryptocurrency by terrorists, according to public records. House Resolution (H.R.) 5036, which stands for a customized version of the bill presented by Rep Ted Budd in January, the Financial Services Commission, creates an Independent Financial Technology Task Force to fight against the illegal cryptocurrency application. According to public documents published in the official online database of the US Congress, the new version of the law was adopted by voice poll throughout the House. Similar to the original version…

The tech giant Google seems to now have finally decided to lift the ban set by it on the cryptocurrency ads, and this decision will be implemented by the next month, according to the reports. The company has declared that it will now be resuming the process to accept the crypto ads and this will help the regulated crypto exchanges significantly, when it comes to buying the ads through the platform of Google, particularly in countries like Japan and the US. The ban was announced earlier this year, in the month of March, as it was getting quite difficult to…

You will not be capable of using PayPal anymore to purchase a bottle of The Real Red Pill Plus and fluoride-free toothpaste from Alex Jones, the right-wing conspiracy promulgator. The digital payments firm is the newest platform to ban Jones and his Infowars website, which in addition to the conspiracy theories sells “I Stand With Trump” T-shirts, dietary supplements, Wake Up America coffee, and survival food. PayPal this week claimed that it cut relations with Infowars post a review discovered cases of it marketing “discriminatory intolerance and hate in opposition to particular religions and communities.” Infowars claimed that the decision…

Reputed credit rating firm Equifax has been slapped with a whopping fine of £500,000 as it was unable to protect user data during a cyber-attack that affected 15 million UK citizens by the ICO or Information Commissioner’s Office. The cyber-attack which affected nearly 146 million people around the globe was carried out in 2017 and was possible due to storage of users’ personal information for a long time than was necessary thereby making them vulnerable to exposure. During early stages of the investigation Equifax had stated that only 400,000 Britons had been exposed to the breach but later stated that…

The project on Tezos cryptocurrency will launch its main network which supports a new virtual token on Monday- reported a Swiss foundation on Friday via Twitter. The foundation raised $232m in July of 2017 for building the network and issuing its backers a new kind of cryptocurrency. This is one of the greatest coin offerings. A year later its initial version was launched. As a message witnessed by Reuters by president of foundation Ryan Jesperson says, the network might transition to a mainnet or more complete type. The date of launching was confirmed by the foundation when asked by Reuters…