SEBI chief warns Indian mutual funds on investing in cryptocurrency offerings
Cointelegraph By Arnold Kirimi - 0
The Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi urged mutual funds to avoid investing in crypto-related assets as the government considers new cryptocurrency rules. Speaking at a press conference on Tuesday, Tyagi advised firms to refrain from investing in funds linked to crypto...
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Cointelegraph By Helen Partz - 0
Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September.Thai entrepreneurs and cryptocurrency businesses have been increasingly capitalizing on Chinese miners getting rid of their crypto mining machines, Al Jazeera...
As India struggles with how to regulate cryptocurrencies, the country’s central bank announced fresh plans to introduce a basic CBDC initially before implementing a more sophisticated version.
On December 28, the Reserve Bank of India released a report called “Trend and Progress of Banking in India 2020-21″, and further elaborated on...
$2.5T crypto market will not wait for nations to onboard: WazirX CEO
Cointelegraph By Arijit Sarkar - 0
Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year. Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ongoing discussions around...
‘Net neutral’ — Rising Bitcoin exchange balances could be due to Huobi Chinese user block
Cointelegraph By William Suberg - 0
Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues. Unveiling the latest data from across exchanges on Dec. 28, Glassnode on-chain analyst TXMC pointed the finger at fresh changes in China for rising balances elsewhere.Binance "absorbing" orphaned Huobi usersThe...
Iran has announced a fresh ban on licensed cryptocurrency mining in the nation until March 6 as part of a commitment to save power and avoid potential blackouts in the forthcoming winter season.
Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management company and a spokesman for Iran’s...
Blockchain data research firm Arcane Research has taken a look at the year that was in its final report for 2021 and offered its predictions for crypto markets going into 2022.Arcane’s Dec. 28 The Weekly Update report focuses on Bitcoin (BTC) and Ethereum (ETH) but delves into other...
FTX exchange announced on Twitter that it will provide the first bank in each region with a bonus of $1 million.
A stablecoin (or stable coin), as its name indicates, is a stable cryptocurrency designed to be resistant to price volatility synonymous with cryptocurrencies like Bitcoin and Ether. Typically,...