Reserve Bank of India (RBI), the central bank of the country, in a notification sent to its regulated banks and entities, has again made it clear that cryptocurrencies are not banned in India.
Bitcoin, the world’s largest crypto asset by market cap, is down nearly 40% since hitting a record of just under $65,000 in mid-April. With this Bitcoin plunge, the overall cryptocurrency market is in a downtrend.
One of the major economic power of Asia, India, is going to put a blanket ban on cryptocurrencies. But this will be more strict than any other country as even the possession of crypto assets will be considered unlawful.
Komainu announced a new round of funding that will be used for expanding services and partnerships. The latest round was closed in $25M and is a
Payment giant PayPal has announced that it is all set to acquire Israeli cloud-based digital asset security company Curv to expand its footprints in cryptocurrencies and digital assets.
Amazon may jump into the world of digital currency in the near future as its new job postings are hinting a digital currency project in Mexico.
Polkadot’s DOT token has replaced XRP to become the 4th largest crypto asset by market cap amid the altcoin rally triggered by growing retail demand.
The UK Financial Conduct Authority (FCA) has warned consumers about advertisements on crypto assets investment promising high returns. The authority said that if investors are investing in these products without any research and understanding, they should be “prepared to lose all their money.”
The 2020 coronavirus pandemic was devastating for economies around the world. Royalties suffered a price hit, and fiat money performed below expectations. The pandemic did bring
The government in South Korea decided to delay enforcing its new crypto tax law after lobbying activity conducted by the Korean Blockchain Association (KBA). Exchanges now
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