The chairman has asked regulators to consider a principles-based regulatory approach for dealing with new technologies like the crypto assets. He said that the ultimate aim is to have a sound regulation in place.
The BitPay prepaid crypto card will allow users to spend their cryptocurrencies by instantly converting them to USD and later spend them at merchant locations using the Mastercard.
The CBDC Advisory Group will study all matters and issues relating to the feasibility of launching the Digital Won.
Just three months after the Supreme Court lifted the previous ban, the Indian Ministry of Finance has submitted yet another draft proposal for banning crypto use in the country.
Throughout the past week, the cryptocurrency market was mostly stable, with a value drop occurring on the 10th and 11th of June.
The TRON 4.0 will bring a major upgrade to the Iron mainnet making it the first blockchain to host a smart contract-based privacy protocol.
In a surprising event a mysterious Ethereum wallet address has sent $2.6 million in transaction fee for a mere $130 worth ETH payments, twice in two consecutive days.
In a surprising event a mysterious Ethereum wallet address has sent $2.6 million in transaction fee for a mere $130 worth ETH payments, twice in two consecutive days.
Having received approval from German regulator BaFin, London’s ETC Group will launch the physically-settled Bitcoin ETC by the end of this month.
The regulators have signed a MoU which makes it easier for either of them to enter other’s market and strengthen their positions as FinTech hubs.
The OCC has reached out to the public to understand the use of cryptocurrency and blockchain services and its co-relation with the existing banking and financial services.
Bitcoin has finally managed to surpass the $10,000 threshold during a rapid bull run that led to a $500 value increase during a few hours.
The report from CipherTrace shows that a large number of transactions from Bitcoin ATMs are cross-border hence the regulators want to have a check on illicit financial transactions.
The ETH price has seen a steady surge after the crypto market correction of March 2020. Some positive developments with Ethereum 2.0 Layer 2 scalability have keep the excitement rolling.
With BTC convincingly breaking its $10,000 resistance, analysts think that the economic turmoil in the U.S. and the chances of negative interest rates could create massive demand for Bitcoin and Gold.
IMF’s head of the monetary capital markets division said that private players will lead for innovation and implementation while the public sector will work on the regulatory aspect.
The Ministry of Economy and Finance of South Korea has proposed amendments to the existing taxation laws that will be presented to the national assembly this September.
A wave of volatility has gone through the cryptocurrency market this week, thus leading to an overall price dip, which was quickly followed by an abrupt increase in prices.
After announcing its Calibra digital wallet and Libra cryptocurrency last year, Facebook went through several regulatory hurdles to make Libra a success.
In an recent RTI response, the RBI clarified that there’s no ban on banks dealing with crypto exchanges and businesses operating in the country.