Myanmar’s shadow government has allowed the use of world’s largest cryptocurrency called Tether. Key Points Tether Cryptocurrency will be used as an official currency. This move will make...
Governor of Reserve Bank of India (RBI), Shaktikanta Das raised alarm on cryptocurrencies and cautioned investors on potential pitfalls of digital currency. Highlights From a macro economic and...
The International Monetary Funds (IMF) has released its report called “Global Financial Stability Report”, highlighting how digital currency assets brings in financial stability challenges. Key findings of report...
On August 26, 2021 Government of Cuba announced to recognize and regulate cryptocurrencies for payment in the Island nation. Highlights This decision was taken following the popularity of...
Square’s hardware head, Jesse Dorogusker, announced recently that company is going to start building a hardware wallet and accompanying service for cryptocurrency, Bitcoin. This decision was taken in...
Britain’s financial regulator, Financial Conduct Authority (FCA), has banned world’s largest cryptocurrency exchanges, Binance. Key Points Binance cannot conduct any regulated activity as it will come under growing...
El Salvador has become the first country to formally adopt bitcoin as legal tender. Proposal to legalise cryptocurrency was put forward by President Nayib Bukele which was later approved by...
The WazirX, one of the leading cryptocurrency exchanges has recently launched India’s first market place for NFT. NFT is Non-Fungible Tokens. The launch will now allow Indian creators...
The Reserve Bank of India (RBI) is in process of examining if India needs a new central bank digital currency (CBDC) and is exploring ways to operationalise the...