Page-2 of Topic: Cryptocurrency
IMF Report on Crypto Ecosystem
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...
Cuba to recognise and regulate cryptocurrencies
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... What is a Bitcoin Hardware Wallet?
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... UK bans World’s Largest Crypto Exchange
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: First country to formally adopt bitcoin as legal tender
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...
What is NFT Marketplace?
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... India to Propose Cryptocurrency Ban
India is preparing to propose for a law to ban the cryptocurrencies, to fine anyone who is trading in India or to fine anyone even for holding such...
India’s New Central Bank Digital Currency
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...
What is Diem?
Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the... What is Ethereum 2.0?
The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is...SC Ruling on Cryptocurrency Ban
The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to revive the almost extinct industry in India. Cryptocurrency Cryptocurrency is...
