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Indian Minister Says No Issue With Crypto if Laws Are Followed


Rajeev Chandrasekhar, India's Minister of Information Technology, has said crypto would face no issue within the country if related laws are followed.  Speaking at an event in the southern city of Bengaluru, Chandrasekhar said there is "nothing today that outlaws crypto as long as you follow...

‘$3.2bn’ Kimchi Premium Traders to Stand Trial in South Korea


South Korean prosecutors are continuing to wage war against illegal kimchi premium traders – and will seek to convict 20 people for allegedly conducting $3.2 billion worth of illegal crypto transactions. The kimchi premium is a phenomenon whereby increased trading volumes on South Korean crypto...

IBF Net launches the world’s 1st metaverse on Algorand Blockchain: Netverse


IBF Net successfully launches Netverse, which happens to be the world’s first metaverse on the Algorand blockchain. It also, incidentally, happens to be the world’s first Shariah-compliant metaverse on just about any blockchain whatsoever. For the entire Islamic world, this will seemingly be...

Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry


Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded. Per Finmarket, the nation’s Deputy Finance Minister Alexei Moiseev told reporters on Wednesday that the long-awaited bill – which...

Fresh proposal for improvement in governance on Zilliqa


To speed up the Zilliqa network’s decision-making process, a new proposal has been filed and made public that would reduce the quorum needed to approve votes to 8%. This was done with the help of Zilliqa’s governance platform. The entity has chosen a strategy that involves the use of...

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