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India to see crypto as a treat, false SGP crypto, US investigating crypto in sex trafficking, Swiss-based crypto banknotes, Italy, Belarus, Thailand and Philippines to back up crypto, crazy Venezuela again, Saudi Arabia working with UAE, Iran prompting discussions

These websites falsely claim that Singapore is adopting a cryptocurrency as its official coin. They also claim that a firm has been appointed exclusively to market this cryptocurrency.

Monetary Authority of Singapore

Starting a new chapter in its international monetary transactions to circumvent U.S.-led sanctions, Iran is in negotiating the use of cryptocurrency in its financial transactions with eight countries.

Mohammad-Reza Modoudi, Acting Head of the Trade Promotion Organization

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Iran decides power tariffs for crypto miners; cabinet approval pending

The Economic Commission of Iran has finalized power tariffs for cryptocurrency miners, based on similar tariffs used for electricity exports. The news was announced by Homayoun Ha'eri, the country's deputy energy minister for power and electricity, Financial Tribune reported Sunday. However, the decision is still awaiting the nation's cabinet approval. The minister, however, did not specify the rates approved by the commission. He said that electricity export prices are variable based on several factors, including fuel prices in the Persian Gulf region. Earlier this month, the Iranian government was indeed considering authorizing cryptocurrency mining, although with two conditions - one, mining should be done "based on the price of electricity for export," and two, mined cryptocurrencies should be "fed back to the national economic cycle."
The Block Crypto

India: Cryptokart Exchange Shuts Down Citing Regulatory Uncertainties 

Cryptokart, an India-based cryptocurrency exchange is now among several other bitcoin trading venues in the South Asian country that have closed their doors due to regulatory uncertainties and lack of interest on the part of consumers, reports New Indian Express on July 20, 2019. Another Indian Exchange Kicks the Bucket Per the report, Cryptokart isRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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