Browsing: Business

India’s stance on cryptocurrency regulation appears to be evolving, with the Securities and Exchange Board of India (SEBI) advocating for multi-regulator oversight in contrast to the Reserve Bank of India’s (RBI) concerns about potential macroeconomic risks associated with private digital

U.S. President Joe Biden is poised to unveil new tariffs targeting key sectors, including electric vehicles (EVs), medical supplies, and solar equipment, in a move expected as soon as Tuesday, according to sources familiar with the matter. The anticipated announcement

In a significant development for the cryptocurrency industry, Binance, the world’s largest cryptocurrency exchange, and its competitor KuCoin have secured approval from India’s anti-money laundering unit. This decision comes months after both exchanges were banned for purported illegal operations. The

The Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on crypto-related activities. In a statement issued on

Bitcoin’s resurgence has been notably marked by a nearly 8% surge on Friday, buoyed by softer-than-expected U.S. job data and dovish indications from the Federal Reserve, sparking renewed interest among cryptocurrency investors. During Friday morning in the U.S., Bitcoin momentarily

In a bold move reflecting growing concerns over national security, Senators Elizabeth Warren and Angus King have directed a letter to key figures in the U.S. government, urging them to confront the issue of Iranian cryptocurrency mining. The missive, addressed

In the lead-up to the Federal Reserve’s interest-rate decision today, Bitcoin and other cryptocurrencies experienced a significant downturn. Bitcoin, the world’s largest cryptocurrency, hovered around $57,000 during Wednesday’s European morning trading session, marking its lowest point since February’s end and

Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange, Binance, has been sentenced to four months in prison on Tuesday after admitting to money laundering charges. The sentence was handed down in a US federal court in Seattle, marking

The aftermath of Indonesia’s recent presidential election appears to bode well for the country’s crypto industry, according to industry observers. With the victory of Gibran Rakabuming, the vice-presidential candidate from the incumbent ruling party, continuity in crypto policies is anticipated.

Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on Tuesday. The