Cryptocurrencies made a giant leap in 2021, expanding well beyond their niche among geeks and Redditors. Wall Street strengthened its embrace, with Morgan Stanley Chief Executive Officer James Gorman declaring crypto no fad. New York Mayor-elect Eric Adams said he’ll initially get paid in Bitcoin. And tokenmania invaded pop culture, […]
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Nirmala Sitharaman : Govt will introduce bill on cryptocurrency after Cabinet clears it
The government will soon introduce a bill on cryptocurrency after the Cabinet’s approval, said Finance Minister on Tuesday. “This is a risky area and not in a complete regulatory framework. No decision was taken on banning its advertisements. Steps are taken to create awareness through RBI and SEBI. The government […]
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Coinbase calls out SEC after threat to sue over cryptocurrency lending product
Coinbase slammed the US Securities and Exchange Commission late Tuesday after saying the cryptocurrency exchange had received a warning from the regulator over its upcoming Lend program. In a series of tweets, CEO Brian Armstrong accused the SEC of “really sketchy behavior” and “creating an unfair market.” Coinbase disclosed in a blog post Tuesday […]
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Crypto inflows slump after December record -report
Investment flows into cryptocurrency funds and products were just $29 million in the first week of January, down sharply from a record $1.09 billion in the week before Christmas, according to the latest data on Monday from asset manager CoinShares. In addition, the data showed pointed profit-taking from record prices, […]