Page-2 of Cryptocurrency
Dubai Virtual Assets Regulation Law
Dubai has introduced crypto asset regulation, joining the ranks of Singapore, the United States, the United Kingdom, El Salvador, and other countries that have enacted cryptocurrency laws. The Virtual Asset Regulation Law has been passed by Dubai to regulate this ..
Month: Current Affairs - March, 2022
Category: International / World Current Affairs • Legal & Constitution Current Affairs
US Executive order on Cryptocurrency
On 9th March 2022, U.S. President Joe Biden signed an executive order on cryptocurrency. About the executive order The executive order called on U.S. federal agencies to examine the risks and benefits of cryptocurrencies. The order also mentioned the need ..
Month: Current Affairs - March, 2022
Category: Science & Technology Current Affairs
Twitter: NFT Profile Picture feature
On January 21, 2022. Twitter announced a new way for users to authenticate their profile pictures, which is fuelled by non-fungible tokens (NFTs). Key Points It is significant for NFT owners who have been uploading their digital assets as profile ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs • Science & Technology Current Affairs
Russia’s Ban on Cryptocurrencies
On January 20, 2022, the Russian central bank proposed to crack down the cryptocurrencies. Highlights If this move is adopted, it could disrupt the burgeoning virtual money sector because Russia is one of the largest crypto-mining nations worldwide. This proposal ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs
Myanmar: NU Government officially accepts Tether cryptocurrency
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 it easier to raise funds and make payments. Background The National Unity ..
Month: Current Affairs - December, 2021
RBI Governor on cryptocurrency
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 financial stability point of view, cryptocurrencies are of serious concern. Governor’s comment ..