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SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms
11.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources...
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...
Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume
19.7.2021
An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production. Russian Project Aims...
$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
6.7.2021
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul...
Tehran Government Bans Iran Blockchain Association
20.6.2021
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
31.5.2021
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory...
Expert panel divided over best way to achieve diversity in crypto sector
23.4.2021
Experts are divided over ways to balance diversity in crypto, with Rupert Colchester of IBM noting that teams should be “built right” from the ground up
‘Over-Regulation’ May Scupper South Korea’s Fledgling Crypto Sector
22.1.2021
Source: Adobe/y fran_kie
Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law – which will promulgate in a matter of weeks – could marginalize the industry.
Per a report from EBN, voices of concern are growing louder within the crypto sector, with some...
Bakkt Predicting Sky-high Growth for ‘USD 3 Trillion’ Crypto Sector
12.1.2021
Source: Adobe/あんころもち(ankomando)
Bakkt, the US-based crypto platform, owned by the Intercontinental Exchange Inc., is forecasting high rates of growth in the crypto industry over the next few years, as well as growth in associated industries, factors that may have influenced its...
Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports
9.10.2020
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction...
Thailand Has Now Licensed 13 Cryptocurrency Service Providers
28.7.2020
Thailand has been growing the number of licensed cryptocurrency service providers. The Thai regulators have now approved 13 crypto businesses to legally operate in the country, including cryptocurrency exchanges, brokers, and dealers. The Royal Decree on the Digital Asset Businesses B.E. 2561...
VALR Gathers R57-million In Funding Round To Promote Crypto Sector
21.7.2020
Working as the biggest cryptocurrency trading platform in Johannesburg, South Africa, VALR has revealed that the exchange has pooled in R57-million (USD 3.4 million) in its recently concluded Series A equity funding round. The firm is dedicated to using the collected funds in laying strong efforts...
Crypto Sector Baffled as Mysterious Report Calls Chainlink a ‘Fraud’
17.7.2020
Social media and crypto sleuths are attempting to uncover the truth about a report that has been circulating claiming to tell the damning truth about Chainlink, the operator of the LINK token – one of the year’s best-performing major altcoins.
The report is allegedly the work of a company named...
India to Significantly Increase Crypto Market Share This Year: Report
1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
5 Reasons Why Institutional Investors Refuse to Join the Crypto Sector
5.5.2020
Crypto advocates say Bitcoin will moon once institutions embrace the sector but what’s really happened since CME, Fidelity, BAKKT, and Grayscale arrived?
Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges
8.4.2020
As a digital industry, crypto is in a more fortunate position than many other sectors facing the coronavirus pandemic’s fallout. How are providers in the crypto space responding to the crisis?
Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees
5.4.2020
Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global...
Global Investments Into Indian Crypto Sector Surge After Supreme Court Lifts Ban
11.3.2020
India has become increasingly attractive to new crypto businesses and investors from all over the world now that the supreme court has lifted the banking ban. Some companies are expanding operations into the Indian market while others are investing in the country’s crypto ecosystem. Also...
Open Letter to India's Finance Minister on Crypto Sector Potential
31.1.2020
Sumit Gupta is the CEO of cryptocurrency trading platform CoinDCX, which Gupta co-founded in early 2018.
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An Open Letter to the Finance Minister of India, Nirmala Sitharaman, on the Potential of India’s Cryptocurrency Sector and the Benefits it Presents to the Indian Economy
Dear...