Cryptocurrency Analysis and News Portal
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s Chief Economic Adviser Skeptical of Crypto, Defi, Decentralization The Indian government’s
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Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions.While many developed countries and even several of its Asian counterparts are actively studying and formulating better crypto regulations, the Indian government
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Summary: CoinShares’ Chief Strategy Officer has warned that governments are going to try to ban Bitcoin and other cryptocurrencies Evidence of such attempts can be seen in the EU’s sentiment against Proof-of-work networks The same applies to the US State of New York, which has a pending bill focusing on the energy consumption
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A new study from financial services giant Deloitte highlighted the potential of Bitcoin (BTC) as a base to create a cheaper, faster and more secure ecosystem for electronic fiat currency or central bank digital currency (CBDC).Deloitte’s analysis, titled State-Sponsored Cryptocurrency, pointed out the need for a complete redesign of the
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The Korea Digital Asset Industry Committee comprising of leading Blockchain experts in South Korea has called for the formation of a government committee dedicated to helping and advancing digital asset businesses in the country.The group of experts gathered on Thursday to discuss various ways in which Korea could become a
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The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater Associates founder Ray Dalio discussed cryptocurrency regulation
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This episode is sponsored by Nexo, Abra and FTX US.Download this episodeOn today’s episode, NLW looks at the latest from governments and crypto, including:India’s prime minister calling for global cooperation to “fight” cryptoPakistan’s security agency blocking crypto sitesThe U.K., Singapore and Spain introducing new rules around crypto advertisingSee also: Fidelity:
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Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has reiterated his warning that governments could outlaw bitcoin. “In history, they’ve outlawed gold and they’ve outlawed silver and so on, and they could outlaw bitcoin,” he stressed. Ray Dalio Continues to Warn About Governments Outlawing Cryptocurrency Bridgewater Associates
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As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments.In addition to Bitcoin crossing $68,000 for the first time since inception, the year of 2021 will be remembered for Bitcoin’s historical adoption as legal tender
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