India prepares to tackle crypto bill but there’s no proposal to recognize Bitcoin as currency
Finance Minister Nirmala Sitharaman revealed that there is no proposal from the government to recognize Bitcoin as currency in the country.
Finance Minister Nirmala Sitharaman revealed that there is no proposal from the government to recognize Bitcoin as currency in the country.
At the time of writing, BTC traded at $56,663, which means that the company’s crypto stash is now worth around $6.86 billion.
His departure from Twitter means that he has now more time for his other company, Square, which is actively involved in crypto and blockchain.
The government sees a huge opportunity in luring rich crypto-owning tourists which could help offset lost tourism revenue due to the coronavirus pandemic.
Recently, there were speculations that the government could impose a ban on private crypto based on a bulletin posted on the Indian parliament’s website Lok Shabha.
El Salvador made history when the country decided to make Bitcoin legal tender on September 7 this year.
The same study also revealed that the top three countries in terms of NFT adoption globally come from Southeast Asia with the Philippines leading the pack.
The "Rich Dad, Poor Dad" author urged investors to get smarter and richer while suggesting a diversified portfolio that includes precious metals and crypto.
The country's monetary authority estimates that the annual volume of crypto transactions in the country is worth around $5 billion.
However, Eswar Prasad believes that no single technology by itself would be able to unseat cash dominance.
The gaming sector is seen as one of the catalysts for the future expansion of the Metaverse economy.
Some experts believe the government might impose strict regulations but not impose an outright ban on crypto.
The government is now allowing its residents to trade crypto as long as it’s done on licensed trading platforms.
British lenders still have a lot of time to make adjustments as a digital pound isn’t likely to arrive within three years.
The country’s top financial regulator wants the National Assembly to bring criminal liability to price manipulations, insider trading, and other unfair behavior.
The Israeli exchange announced that it will be delisting Cardano's ADA token and the TRON Foundation's TRON for U.S. users citing regulatory concerns.
The bank will launch a crypto service that allows its customers to trade in popular cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) via its app.
The group pointed out that there are no existing laws criminalizing crypto in the country.
With its planned hiring spree, Citigroup has joined other traditional banks in their efforts to try to tap the growing crypto sector.
Senator Jane Hume said that crypto is not a fad and encouraged Australia to forge its own trail in this area.
Many managers now view the crypto as better than the precious metal as an inflation hedge and store of value.
Investors could soon be less influenced by fads and FOMO while the high energy usage in Bitcoin and Ethereum mining, as well as crypto's potential use in crime, could increase regulatory scrutiny.
A combination of these three asset classes could be the best bet as the mix would likely outperform others in 2022.
Passengers and non-travelers alike can now use it to buy and sell cryptos supported by the machine including Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano (ADA).
Makersplace is an NFT marketplace that aims for a premium market. TokenPost conducted an interview with Makersplace, which connects artists and collectors and supports NFT purchases.
However, since the wallet works mainly with Ethereum-based blockchains, some of the other popular cryptos such as Bitcoin and Dogecoin might not be available at the moment.
While some countries are already in various stages in the development of their central bank digital currencies, three Federal Reserve governors said that there is no reason for the Fed to issue its own CBDC.
The Justice Department said that the liquidation is the “largest single recovery of a cryptocurrency fraud by the United States to date.”
The chief investment officer and founder of Hayman Capital Management also believes in the staying power of blockchain technology and NFTs but is still uncertain about the longevity of private cryptos such as Bitcoin …
El-Erian bought in 2018 when BTC plunged to almost $3,000 but sold it in late 2020 when the crypto recovered to around $19,000 per coin.
Sian Berry argued that the transport system should not be used to market unregulated and risky schemes to London’s commuters.
Christie’s, a 255-year-old global auction company, has adopted NFT as a new artistic medium. TokenPost conducted an interview with Christie’s, which expects a creative world of new opportunities using blockchain.
While the Shark Tank star started 2021 with around 3 percent of his portfolio in cryptocurrencies, the crypto market’s rally has increased the percentage of his holdings in terms of value.
Scaramucci believes that Bitcoin could rise at an exponential rate as gold continues on its linear growth.
Bitfarms announced that it bought the Washington facility for $26 million paid for by a combination of cash and common shares.
WazirX reported that crypto trading volume coursed through its platform soared to over $38 billion since the start of 2021, representing an average monthly growth of 44 percent
As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more.
BTC’s price surged by around $2,500 or 4 percent in less than an hour after the Labor Department released its report.