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Free access to current and historic data for Bitcoin and thousands of altcoins. or any of its affiliates and Coinbase is not responsible for such content. Read the Latest Issue to get a taste of Altcoin Weekly WHAT OTHERS HAVE TO SAY. Introduced in 2018, the KaratGold Coin (KBC) is reportedly linked to physically deposited gold in the form of CashGold, a gold standard. Top cryptocurrency prices and charts, listed by market capitalization. Certain content has been prepared by third parties not affiliated with Coinbase Inc. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges. View all This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. KBC Karatgold Coin USD US Dollar 0.01 Karatgold Coin 0.000018 US Dollar: 0.1 Karatgold Coin 0.000177 US Dollar: 1 Karatgold Coin 0.001767 US Dollar: 2 Karatgold Coin 0.003533 US Dollar: 3 Karatgold Coin 0.005300 US Dollar: 5 Karatgold Coin 0.008833 US Dollar: 10 Karatgold Coin 0.017667 US Dollar: 20 Karatgold Coin 0.035334. Will the Karat Gold Coin (KBC) cryptocurrency - 1821 on Coin market Cap survive in the long run since it is already an established company 2 Answers. This enforcement policy is apparently part of the proposed bill “Banning Cryptocurrencies and Regulation of Official Digital Currency Bill 2019,” said The Block.Įarly drafts of this bill appeared at least as far back as April as a means to ban crypto activities in India.Assets with the biggest change in unique page views on over the past 24 hours Lashkariya and another promoter, Mohan Patel, have reportedly “gone underground.”Īs previously reported by Cointelegraph, Indian legislators have recently proposed a bill that would punish crypto enthusiasts in the country with up to 10 years in jail for violating the country’s anti-crypto laws. This offer played a major role in bringing more investors to the company.” KBC coins were reportedly issued at 10 paisas apiece, with the promise that they would skyrocket in value to 10 rupees in a short time - a 100-fold return on investment.Īccording to a CID member, an individual named Baljeetsingh Lashkariya promoted KBC via a pyramid scheme, saying that the “first investor in the chain would get an incentive from the last circle of investors. Karatgold Coin (KBC) is a cryptocurrency token and operates on the Ethereum platform. The price of KBC has gone down -9.33 in the past 24 hours.
KBC reportedly launched 6 months ago, and its price has not moved since. KBC is suspended in German by Financial authorities BiFan. The Criminal Investigation Department (CID) of India has arrested Vijay Prajapati, Dhiraj Patel, Kamruddin Syed, and Ashiq Shaikh, the alleged creators of the cryptocurrency KBC Coin, according to a report by The Times of India on July 4.Īs per the report, the CID argues that KBC is a Ponzi Scheme.