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Indian Finance Minister says No Plan to Recognize Bitcoin as a Currency, Meanwhile Indians Want Crypto Taxed but Not Legalized

India does not plan to recognize Bitcoin as a currency, said Finance Minister Nirmala Sitharaman on Monday, in response to a question in the Lok Sabha, as per the local report. When asked whether the government has a proposal to recognize the leading cryptocurrency as a currency in the country, Sitharaman gave a “No. дальше »

2021-11-29 21:18


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Binance CEO CZ Shares Thoughts On DOGE, SHIB — Plans To Give Away 99% Of His Fortune

The founder of the world’s largest cryptocurrency exchange by volume, Changpeng Zhao (fondly known as CZ), has for the first time indicated he plans to give away the majority of his wealth. Speaking with The Associated Press, CZ also gave his take on meme coins that were originally joke cryptocurrencies but are now too important […] дальше »

2021-11-19 01:19


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Haram! Over 230 Million Muslims Told To Stay Away From Cryptocurrency Until…

Indonesia’s umbrella Muslim council — The Indonesian Ulema Council (MUI) — has passed a vote of no approval on cryptocurrency for all religious faithful in the country. The body which wields significant influence over close to a quarter of a billion Muslims residing in the world’s fourth most populous nation, gave the instruction on Thursday, […] дальше »

2021-11-13 23:08


FED’s Powell Confirms Persisting Inflation, Could Tapering Stop Bitcoin’s Rally?

Bitcoin has dropped 3.8% in the 24-hour chart as the Chairman of the U.S. Federal Reserve Jerome Powell gave a speech on the current economic outlook. As of press time, the crypto market has negatively reacted to Powell’s statements as the intuition finally hints at a possible start of tapering. Related Reading | Can “Coin Days […] дальше »

2021-10-23 01:00


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Pro-crypto senator agrees that stablecoins must be backed by cash

The issue of whether or not stablecoins are safe to use if they are not backed by cash became a very hot topic recently after the SEC chair, Gary Gensler, first gave voice to the matter. Now, his views are seemingly mirrored by Cynthia Lummis, a well-known pro-crypto Republican Senator, indicating that Lummis shares Gensler’s […] The post Pro-crypto senator agrees that stablecoins must be backed by cash appeared first on Invezz. дальше »

2021-10-4 17:01