Regulation
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’ – Regulation Bitcoin News
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. […]
Axie Infinity’s SLP Rallies 40% in 24 Hours After Season 20 Update
The reduction in the issuance of the smooth love potion (SLP) tokens follows recent complaints about the token’s rapidly inflating supply and a 99% plunge in the price over a seven-month period. Source link
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan – Regulation Bitcoin News
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian […]
Crypto M&A Surged Nearly 5,000% in 2021, PwC Report Says
The total value of crypto-related mergers and acquisitions rose to $55B in 2021 versus $1.1B a year earlier, according to a report from PricewaterhouseCoopers (PwC). Source link
Apple Alum-Led Kyro Digital Raises $10M in Series A Funding
Kyro’s founder, Samir Arora, worked at Apple for nearly a decade, where he developed platforms for distributed applications, a precursor to layers 0 and 1 of blockchain technology. Arora was also the CEO of NetObjects, […]
Crypto Is No Match for Well-Designed Central Bank Digital Currencies – Regulation Bitcoin News
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “If CBDCs are designed prudently, they can potentially […]
Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time – Bitcoin News
Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. […]
To Understand Bitcoin, We Need to Understand What Money Is
Money does not need to increase in quantity to be effective; it needs to have five critical traits – divisibility, scarcity, portability, recognizability and durability. Gold was money for thousands of years, and an ounce […]
NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry – Regulation Bitcoin News
The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to […]
