Regulations to come in the UK after crypto market turmoil
The UK wants to create firm regulations regarding crypto, as said by the CEO of UK financial regulator, Nikhil Rathi. Cryptocurrency is one of the...
Category : General News
South Africa is getting cryptocurrency regulations after losing billions in scams
South Africa is planning to introduce regulations on cryptocurrency after it had initially denied any involvement in this matter. From now on, crypto is going...
Kazakhstan president signs law increasing crypto miners’ tax burden
Tax rates for cryptocurrency miners have been raised after President Kassym-Jomart Tokayev’s signing of a measure modifying Kazakhstan’s Tax Code. The fee will be calculated...
Crypto is becoming part of the mainstream payment system
A cryptocurrency is built on blockchain technology, which is used as a medium of exchange, creating value for its users by providing low transaction costs...
Lender Celsius Is Accused of Operating as a Ponzi Scheme
A former money manager for Celsius Network, a crypto lender whose assets were frozen last month, claims the company failed to hedge its risks and...
Union Bank of India Launches the Metaverse Lounge and the Open Banking Sandbox environment
The Union Bank of India has launched the Open Banking Sandbox and Metaverse Virtual Lounge. Tech Mahindra is a co-sponsor of this project. FUni-verse, the...
A Digital Awards Ceremony Will Be Held in the Metaverse by Spain’s Largest Bank, Santander
As blockchain and cryptocurrency industries flourish, major financial organisations have become increasingly interested, with Santander preparing a metaverse awards ceremony. What’s Happening? The company announced...
Binance can now operate in Spain with its Subsidiary
The Virtual Asset Services Provider (VASP) registration for Binance’s subsidiary has been granted by the Bank of Spain. Moon Tech Spain, the company’s subsidiary in...
CoinDCX and CoinSwitch are under the scrutiny of the ED, Bengaluru
According to sources, the Enforcement Department of Bengaluru has sent out notices to CoinDCX and CoinSwitch under suspicion of violating FEMA regulations. The two cryptocurrency...
Global crypto exchanges are shutting down operations or freezing funds
Several crypto exchanges all around the world have halted their deposit and withdrawal operations. Due to this, people are raising concerns over the safety of...