Under India’s presidency, the G20 nations are actively engaged in discussions about establishing a global crypto framework. During this year’s Global Fintech Fest in Mumbai, Indian Finance Minister Nirmala Sitharaman delivered an update on the ongoing discussions regarding global crypto framework under India’s G20 presidency. The Indian finance minister emphasized regarding crypto framework discussions at […]
Crypto
Indonesia Plans to Launch National Cryptocurrency Exchange
The Futures and Commodity Trading Regulatory Agency (FCTRA) of Indonesia is planning to launch a national cryptocurrency exchange, signaling a new era of digital asset trading. With the completion of crucial system integration tests, Indonesia aims to enhance regulatory oversight, streamline operations, and foster a secure environment for crypto enthusiasts. According to local news outlet […]
Tether to Start Mining Bitcoin in Uruguay
Tether, the issuer of the largest stablecoin in the market, USDT, has announced that it is investing resources into energy production and the launch of sustainable Bitcoin mining operations in Uruguay, in collaboration with a local licensed company. With this, Tether has expanded its reach from finance and communications to include the energy sector. Its […]
Binance Signs Cristiano Ronaldo For Exclusive Multi-Year NFT Partnership
The Legendary Portuguese Footballer to Release Multiple NFT Collections on Binance Binance announced an exclusive, multi-year NFT partnership with Portuguese footballing legend Cristiano Ronaldo. Through this partnership, Binance will launch a global promotion aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs. Over the course […]
Bitbns is Country’s First Crypto Exchange to Facilitate Automated Trading in Cryptocurrency
Partners with Tradetron to broaden retail participation in Indian cryptocurrency trading and investments Bitbns, a leading Indian cryptocurrency exchange, has partnered with Tradetron, the country’s most widely used algorithm automation platform, to facilitate automated crypto trading for its traders and investors. With this strategic partnership, Bitbns aims to empower its users to automate their investment […]
India Bans Offsetting Loss On One Crypto With Gain From Another, Clarifies MoS Pankaj Chaudhary
Indian crypto companies fear losing customers, after govt refuses to allow offsetting losses Minister of State for Finance Pankaj Chaudhary clarified in Parliament that losses incurred from one kind of cryptocurrency cannot be offset against the gains from any transaction involving another cryptocurrency. The government won’t allow tax breaks on infrastructure cost incurred while mining of crypto […]
CoinSwitch Appoints R Venkatesh As Senior Vice President Of Public Policy
R Venkatesh joins CoinSwitch with nearly 25 years of experience in Public Policy and Corporate Affairs across various sectors. Crypto unicorn CoinSwitch has appointed R Venkatesh as Senior Vice President of Public Policy. Company, in a statement said, Venkatesh will work on policy, regulation, and external affairs to help create a regulatory framework for crypto […]
India’s First Social Crypto Exchange Club, Defy, Launches Baskets
Enables investors to diversify their portfolio with the help of crypto experts To make investing easier, India’s first social crypto exchange club, Defy, has introduced Baskets. With the help of Baskets, one can diversify their portfolio while keeping a track of what experts are investing in. Baskets consist of a set of coins based on […]
Arizona Introduces A Bill To Make Bitcoin A Legal Tender?
It appears that a bill has been put forward in Arizona, a state in the Western United States, to make Bitcoin legal tender within the state. A note is in circulation that people claim to be a proposed bill in the ongoing session of the Legislature of the State of Arizona. It says “Bitcoin” will be one of the […]
Mphasis and CrossTower partner to develop a ‘Center of Excellence’ in
Web 3.0 and Blockchain technologies
Mphasis to build a Center of Excellence (CoE) focused on Web 3.0 and a series of blockchain based products that will be launched and traded on the CrossTower platform.