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FTX founder Bankman-Fried allowed $250 million bond, house arrest
cryptocurrency 23-Dec-2022
FTX founder Bankman-Fried allowed $250 million bond, house arrest

After deciding not to contest his extradition, Sam Bankman-Fried, who was detained in the Bahamas last week, was transported to New York late Wednesday.

Crypto collapse: it’s looking like a long, cold, contagious winter
cryptocurrency 19-Dec-2022
Crypto collapse: it’s looking like a long, cold, contagious winter

Market disruption caused by a nearly catastrophic cryptocurrency exchange.

FTX scam led to the arrest of Sam Bankman-Fried in the Bahamas.
cryptocurrency 13-Dec-2022
FTX scam led to the arrest of Sam Bankman-Fried in the Bahamas.

The troubled cryptocurrency tycoon and former CEO of FTX, Sam Bankman-Fried, was detained in The Bahamas.

In the European Union, PayPal launches its cryptocurrency offerings with Luxembourg.
cryptocurrency 10-Dec-2022
In the European Union, PayPal launches its cryptocurrency offerings with Luxembourg.

PayPal will only permit users to buy cryptocurrencies for EUR 1 as a minimum (roughly Rs. 85).

Anti-Money Laundering Bill in Hong Kong Modified to Include Crypto.
cryptocurrency 10-Dec-2022
Anti-Money Laundering Bill in Hong Kong Modified to Include Crypto.

The tightened restrictions on cryptocurrency advertisements, who might be endangering people's finances, also apply to them.

Bharat Web3 Association Criticism of India's Crypto Tax Regime
cryptocurrency 06-Dec-2022
Bharat Web3 Association Criticism of India's Crypto Tax Regime

Businesses in India connected to cryptocurrency activity are making very little to no money under this tax system.

Exponential growth, UPI payments, Digital Rupee, Trial launch, support, India's CBDC Pilot.
cryptocurrency 02-Dec-2022
Exponential growth, UPI payments, Digital Rupee, Trial launch, support, India's CBDC Pilot.

New Delhi, Mumbai, Bengaluru, and Bhubaneswar are the first four cities to participate in India's digital currency CBDC retail pilot.

Bank of Israel Wants to Manage Stable Crypto Assets
cryptocurrency 29-Nov-2022
Bank of Israel Wants to Manage Stable Crypto Assets

The idea calls for granting the Bank of Israel control over stable digital asset transactions.

According to JP Morgan, as regulation grows, cryptocurrency will converge with traditional finance.
cryptocurrency 29-Nov-2022
According to JP Morgan, as regulation grows, cryptocurrency will converge with traditional finance.

According to JP Morgan, a sizable portion of global crypto regulation will be influenced by the laws that currently control traditional banking.

To promote the use of Web3, Near India partners with the move-to-earn platform GrowFitter.
cryptocurrency 24-Nov-2022
To promote the use of Web3, Near India partners with the move-to-earn platform GrowFitter.

On the NEAR Protocol, the incentive-based digital health platform also intends to introduce its own utility token (GFIT).

Stablecoins are able to make profits as BTC and ETH continue to trade at low levels with losses.
cryptocurrency 21-Nov-2022
Stablecoins are able to make profits as BTC and ETH continue to trade at low levels with losses.

Following the loss-filled price trajectories of BTC and ETH, the majority of alternative coins today closed with losses.

Australian company Arkon Energy receives millions to expand its operations for mining green bitcoin.
cryptocurrency 19-Nov-2022
Australian company Arkon Energy receives millions to expand its operations for mining green bitcoin.

The company that benefits from this uses only electricity that is produced from renewable resources.