South Korean regulator jumps to a crypto exchange
Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.
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India releases ‘National Strategy on Blockchain’ for e-governance
The Indian ministry of electronics and information technology (MeitY) has released a 52-page “National Strategy on Blockchain” document that urges closer cooperation between government and the private sector to build blockchain infrastructure across the world’s second-most populous nation. Fast facts It is to be noted that the current NSB document is an updated version from…
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PBoC has established an e-CNY distributed ledger
But the head of the central bank’s digital currency research institute says issues remain such as technical standards for blockchain interconnectivity.
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South China’s Hainan province hikes electricity fees on those who have mined crypto
On top of China, authorities in Russia and Ukraine are busting underground miners, while U.S. Senator Elizabeth Warren presses a New York miner.
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Global markets downturn hits crypto as well; BTC trading below $50K
For the second weekend in a row, markets were hit with a massive shock due to external factors. Market watchers weigh in on price movements and what to expect.
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First NFT exchange-traded fund falls in NYSE debut
NFTZ opened for trading on the NYSE in the midst of turmoil and fears of inflation and Omicron.
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Yellen clarifies anti-money-laundering reporting rules for DeFi
In written responses to questions from Sen. Pat Toomey, Treasury Secretary Janet Yellen releases non-custodial service providers from strict reporting rules.
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Indian crypto community sees silver lining after 1st week of parliamentary session
A cabinet note suggests the government intends to regulate cryptocurrencies as assets with the Securities and Exchange Board of India at the helm.