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Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings


The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry...

Morgan Stanley Rules out M&A Deal for Bithumb, Binance Is 'Always Open'


The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they're always open for possible partnerships. Per the South...

Indian Central Bank Playing by Same Anti-Crypto, Pro-CBDC Rules as China, EU


The head of the Reserve Bank of India (RBI), the subcontinent’s central bank, has again indicated that the government might seek to enact a crypto crackdown – while attempting to gazump the crypto sector by releasing a digital rupee. In an interview with CNBC-TV18, RBI Governor Shaktikanta...

Japan Finally Gets Rules About Japanese Whisky


Japanese whisky isn’t yet one hundred years old. The country set up its first proper whisky distillery in 1923. And from then until this year, there were zero codified rules about what exactly Japanese whisky was.Read more

Tesla Bitcoin Buy Highlights Need to Fix US Accounting Rules


Tesla’s much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond – and has led some to claim accountancy rules should be updated to cover corporate crypto investments. Industry observers are calling on the regulatory...

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