Tuesday, April 22, 2025
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India Would Ban Private Cryptocurrencies Under Proposed Legislation

The Indian Parliament will consider a government-introduced bill that would ban private cryptocurrencies in its upcoming budget session. Given the ruling party controls both houses of Parliament, the chances of the bill’s passage are considered good.According to the Lok Sabha Bulletin published Friday, the Cryptocurrency and Regulation of Official Digital

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Biden’s Treasury Secretary nominee calls cryptocurrencies a ‘particular concern’ for AML

Janet Yellen, a former leader at the Federal Reserve and Joe Biden's pick for Treasury Secretary, is still suspicious of crypto as a threat for illicit financing. In a virtual hearing of the U.S. Senate Finance Committee held today, Yellen faced questions on combating the financing of terrorism, or CFT, from

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Bets on Tech Stocks and Cryptocurrencies Brought Small Fortune to US Top Funds in 2020

Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.This year, the coronavirus pandemic has upended the market and challenged investors, both institutional and

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