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Bitcoin Blasts $100K Barrier Amid Trump's Vow To Make US "Crypto Capital"
With president-elect Donald Trump promising to make the US "the crypto capital of the planet", Bitcoin price is up more than 130 per cent so far this year.
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BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
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Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
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‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
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BRICS Nations Plan to Create Payment Network Backed by Digital Currencies in Quest of De-Dollarisation: Report
The BRICS group is planning to develop a digital payment network, backed by digital currencies. The aim is to bring a wave of de-dollarisation into effect.
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Elon Musk to Upgrade X With Payment Features Soon; No Word on User-Requested Crypto Integration
Elon Musk, in a recent interview, confirmed that digital payments were coming to X soon. Musk did not mention support for cryptocurrency-based payments while speaking about the upcoming functionality, a much-requested feature by users on the platform.
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SC Rejects Petition Seeking Guidelines for Regulation of Cryptocurrency Trading
The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies. A bench headed by Chief Justice D Y Chandrachud said the main reliefs sought in the plea were more in nature of a legislative direction.
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Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
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Mastercard Launches CBDC Partner Program for Discussions on Digital Currencies Among Crypto Players: Details
Mastercard has launched a CBDC-focussed forum called the ‘CBDC Partner Program’. Crypto-related firms Ripple, Consensys, Fluency, Idemia, Consult Hyperion, and Fireblocks have been roped-in by Mastercard as the initial members of its CBDC Partner Program. The aim is to provide crypto players with a platform where they can open discussions aroun...
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North Korean Hacker Group Said to Have Targeted Several US Crypto Firms
A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target an unknown number of cryptocurrency companies, according to two sources familiar with the matter. The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s system...
-
Bitcoin Blasts $100K Barrier Amid Trump's Vow To Make US "Crypto Capital"
With president-elect Donald Trump promising to make the US "the crypto capital of the planet", Bitcoin price is up more than 130 per cent so far this year.
-
BRICS' Move to Introduce Digital Assets Platform for De-Dollarisation Sparks Criticism from Trump
Over the weekend, Trump warned BRICS nations, including India, to prepare for a 100 percent increase in tariff rates if they persist in efforts to diminish the US dollar's role in the global economy.
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Hong Kong’s Largest Digital Bank ZA Now Offers Direct Crypto Trading Services for Retail Users
Hong Kong's ZA Bank now enables users to buy and sell Bitcoin and Ether directly using fiat currencies, HKD and USD. This service aims to simplify crypto access for retail users—those trading for personal gains—while offering benefits like zero commission for a limited time.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
Bitcoin, Ether Prices Drop Under Macroeconomic Pressure as Values of Most Digital Currencies Fall
The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
-
‘Cannot Be Currencies’: FM Nirmala Sitharaman Spells India’s Stance on Crypto
Finance Minister Nirmala Sitharaman was asked Friday about India’s stance on cryptocurrencies. Sharing her response, the finance minister said that cryptocurrencies were not seen or perceived as ‘currency’ in India.
-
BRICS Nations Plan to Create Payment Network Backed by Digital Currencies in Quest of De-Dollarisation: Report
The BRICS group is planning to develop a digital payment network, backed by digital currencies. The aim is to bring a wave of de-dollarisation into effect.
-
Elon Musk to Upgrade X With Payment Features Soon; No Word on User-Requested Crypto Integration
Elon Musk, in a recent interview, confirmed that digital payments were coming to X soon. Musk did not mention support for cryptocurrency-based payments while speaking about the upcoming functionality, a much-requested feature by users on the platform.
-
SC Rejects Petition Seeking Guidelines for Regulation of Cryptocurrency Trading
The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies. A bench headed by Chief Justice D Y Chandrachud said the main reliefs sought in the plea were more in nature of a legislative direction.
-
Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
-
Mastercard Launches CBDC Partner Program for Discussions on Digital Currencies Among Crypto Players: Details
Mastercard has launched a CBDC-focussed forum called the ‘CBDC Partner Program’. Crypto-related firms Ripple, Consensys, Fluency, Idemia, Consult Hyperion, and Fireblocks have been roped-in by Mastercard as the initial members of its CBDC Partner Program. The aim is to provide crypto players with a platform where they can open discussions aroun...
-
North Korean Hacker Group Said to Have Targeted Several US Crypto Firms
A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard to target an unknown number of cryptocurrency companies, according to two sources familiar with the matter. The hackers broke into Louisville, Colorado-based JumpCloud in late June and used their access to the company’s system...
