India is revisiting its cryptocurrency policy as global sentiment toward digital assets continues to evolve, with countries like the US adopting a more structured regulatory stance. According to Reuters, the Indian government is reassessing a discussion paper on cryptocurrencies initially set for release in September 2024. Economic Affairs Secretary Ajay ...
Elliott Management has warned that the U.S. government's new support and push for cryptocurrencies is fueling a speculative bubble that could end in financial havoc. In an investor letter seen by the Financial Times, the $70 billion hedge fund criticized the White House's pro-crypto stance, arguing that digital assets have ...
A Chinese court has ruled that BKEX, a crypto exchange known for futures trading, operated as an illegal gambling platform. According to local reports, the People's Court of Pingjiang, Hunan Province, recently ruled BKEX's contract trading as outright gambling. The ruling followed an extensive court proceeding about the exchange's operations, ...
Kazakhstan plans to enhance its legal crypto operations as President Kassym-Jomart Tokayev calls for quick improvements to its digital asset infrastructure. In light of a more crypto-friendly approach in the U.S., Tokayev aims for rapid development to boost Kazakhstan's position in the crypto sector. During a government meeting, the President ...
A recent report by Gemini reveals that Gen Z adults (ages 18-29) are the most engaged and optimistic generation regarding digital assets. The Data Driven Consulting Group surveyed from May to July 2024. It included 6,000 adults from the U.S., UK, France, Singapore, and Turkey, covering both crypto owners and ...
CoinShares reported on January 27 that nearly $2 billion flowed into crypto investment products last week, bringing the total year-to-date inflows to $4.8 billion. Bitcoin remained dominant, capturing $1.6 billion, 92% of total crypto investment inflows last week. So far this year, Bitcoin has drawn $4.4 billion in investments. Meanwhile, ...
Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has issued a severe warning regarding the increasing use of cryptocurrencies to launder proceeds from synthetic fentanyl and opioid trafficking. In its latest "Operational Alert", published on January 23, 2025, FINTRAC highlighted the new role that cryptocurrencies are playing in fueling the ...
JuCoin's COO, Nicolas, has revealed details about the company's $JU token in an exclusive interview, highlighting its strategic vision and unique role as a foundational element in JuCoin's expanding ecosystem within the competitive crypto market. According to Nicolas, $JU stands out due to its deep integration across all aspects of ...
The U.S. Securities and Exchange Commission (SEC) has announced the creation of a crypto task force to develop a comprehensive regulatory framework for digital assets. Acting Chairman Mark T. Uyeda unveiled the initiative on January 21, 2025, according to an official press release. Commissioner Hester Peirce will lead the task ...
President Donald Trump's return to the Oval Office on January 20 has raised concerns in the crypto community due to a lack of executive orders addressing cryptocurrency regulations. Despite his pro-crypto campaign stance, there have been no mentions of Bitcoin or digital assets in his speeches, causing market uncertainty. Some ...
