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The Bharat Web3 Association, the body representing the crypto industry, said it had asked the Ministry of Finance for this step, and the move was welcomed by industry leaders, including Ashish Singhal, co-founder of of crypto exchange CoinSwitch Kuber, Sumit Gupta co-founder of its rival CoinDCX, who both tweeted their
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Shortly after a Bloomberg report on Friday that cryptocurrency exchange Binance was under investigation for permitting US residents to place unlawful trades, Binance founder and CEO Changpeng Zhao (better known as CZ) dismissed the reports during a live AMA on Clubhouse, saying that the report had “no teeth.” “This is a
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The retail trader insurgency has massive implications for the future of capital markets. This episode is sponsored by Nexo.io.This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at:Image credit: Spencer Platt/Getty Images News and WallStreetBets Subreddit Source
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New York governor Andrew Cuomo wants to give the Department of Financial Services (NYDFS) more powers in regulating certain licensed entities, including cryptocurrency startups.Cuomo presented his 2020 "state of the state" plan on Wednesday, publishing a 321-page list of proposals including a new look at exemptions that currently exist for
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