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Crypto News - Liquidity Provider: Business & FinTech Media

News: Crypto

Welcome to the crypto news section, the premier destination for comprehensive and up-to-date information on all things related to cryptocurrencies. Serving as an essential resource for enthusiasts and investors alike, this page offers insights into the dynamic world of digital assets - encompassing everything from real-time price fluctuations to announcements of innovative projects and crucial regulatory changes. Here we've got the pulse of the cryptocurrency market covered to ensure you stay informed.

India to Tax Crypto Income, Launch Central Bank Digital Currency

India to Tax Crypto Income, Launch Central Bank Digital Currency Tax revenue from the transaction of crypto assets-related products would be charged at a rate of 30%, according to Finance Minister Nirmala Sitharaman's budget address on Tuesday. Read More

CBDC or Stablecoins: Why Traditional Banks Must Adopt a New and Adaptable Policy

CBDC or Stablecoins: Why Traditional Banks Must Adopt a New and Adaptable Policy Central Bank Digital Currency (or CBDC) and stablecoins are significant indicators that cryptocurrency is here to stay. While governments issue CBDCs, stablecoins are privately created to aid blockchain development. Read More

Whistleblowers Can Protect Crypto And DeFi

Whistleblowers Can Protect Crypto And DeFi This regulatory movement is consistent with the United States' historical pattern of financial regulation — swinging between more and less regulation depending on whether the desire for greater freedom outweighs the fear of financial instability or vice versa. Read More

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs According to the paper, the HKMA and SFC are giving the new guidelines in response to "a growing amount of requests" from services engaged in supplying digital asset-backed solutions to their clients. Read More

Crypto Firm Fireblocks Raises $550 Million, Company Valued At $8 Billion

Crypto Firm Fireblocks Raises $550 Million, Company Valued At $8 Billion Fireblocks, virtual asset custody, transfer and settlement platform, stated on Thursday that it had secured $550 million from investment organizations, one of the biggest funding rounds in the crypto industry in recent years. Read More

Binance to End Freeze on Deposits From Key EU Payments Network

Binance to End Freeze on Deposits From Key EU Payments Network According to a source close to the subject, Binance Holdings Ltd. is about to resume taking euro bank deposits from a big European payment network, ending a months-long restriction. Read More

Bitcoin, Ether, and Other Cryptos Claw Back Losses

Bitcoin, Ether, and Other Cryptos Claw Back Losses Bitcoin, the world's most valuable digital asset, went up 8.3 percent in the previous 24 hours to $36,398, according to CoinDesk statistics. It had traded at $33,000 in the midst of Monday's dumping - it had previously been over $42,000 the previous week. Discover

The ‘Black Friday’ Crypto Crash That Wiped Out $136B Was Caused By…

The ‘Black Friday’ Crypto Crash That Wiped Out $136B Was Caused By… Even though markets have not closed, it seems reasonable to assume it was the month's "Black Friday." With market losses of $137 billion over the previous 24 hours, these are some of the likely explanations. Read More

Crypto.Com Expands Venture Arm To $500 Million To Back Early-Stage Web3 Startups

Crypto.Com Expands Venture Arm To $500 Million To Back Early-Stage Web3 Startups In the first fund, where checks can be as large as $10 million, approximately 20 ventures have been supported, including YGG SEA, DeBank, Efinity, and Matter Labs, an Ethereum scaling solution. Read More

Singapore Asks Crypto Firms Not to Market Services to Public

Singapore Asks Crypto Firms Not to Market Services to Public Singapore's financial regulator has directed cryptocurrency businesses not to advertise their services to the general public, in keeping with the city-state’s goal of reducing retail speculation in volatile digital assets. Read More

Singapore’s Wary Crypto Embrace Leaves Top Mogul in the Cold

Singapore’s Wary Crypto Embrace Leaves Top Mogul in the Cold "A very clear line has been established in the sand," said Lena Ng, a partner at Clifford Chance who advises cryptocurrency players in Singapore and elsewhere. Read More

SEC Chair Won’t Comment on Whether Ethereum is a Security

SEC Chair Won’t Comment on Whether Ethereum is a Security Questions about whether Ethereum is an unregistered security or not were dodged by Gary Gensler, the head of the US Securities and Exchange Commission, during his last interview. Read More

10 Important Cryptocurrencies Other Than Bitcoin

10 Important Cryptocurrencies Other Than Bitcoin Since Bitcoin pioneered the peer-to-peer model of cryptocurrency, it has become the de facto standard for all cryptocurrency ventures, motivating a rapidly growing army of followers and offshoots. Read More

Crypto Market Sentiment Turns to ‘Extreme Fear’ on Fed’s Hawkish Move

Crypto Market Sentiment Turns to ‘Extreme Fear’ on Fed’s Hawkish Move The fear index is presently at 23, indicating intense terror. Sentiment has dropped from around 80 in early November to the low twenties in the last few months. The index fell to a six-month low of 10 on January 8. Read More

Stablecoins Want to Be the Future of Money. There’s a ‘Deficit of Trust’

Stablecoins Want to Be the Future of Money. There’s a ‘Deficit of Trust’ Issuers of stablecoins want to redefine money by establishing digital tokens with a fixed price of $1. Tether and USDCoin lead the market, which is presently valued at $155 billion, up 445% year over year. Discover

Ruler of the Metaverse: Blockchain or Big Tech?

Ruler of the Metaverse: Blockchain or Big Tech? Web3, the next-generation internet featuring the metaverse, is mostly hype. However, a debate is building over whether a blockchain-based internet would be decentralized — as crypto proponents desire — or dominated by Big Tech. Read More

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