Indonesia to regulate cryptos rather than prohibiting like China

Muhammad Luthfi, the Indonesian Minister for trade confirmed to the local media about reinforcing cryptos regulations instead of banning it like China. He said that Indonesia will concentrate on making the crypto market less prone to unlawful activities. The statement from the Indonesian minister comes posterior to the fabulous growth recorded by local exchanges in…

Blockchain, machine learning appear as top online courses in India

Today digital skills have become significant especially to stay redundant at a time when tech is dominating most industries. Millions of workers worldwide also got displaced due to the novel Coronavirus. According to a report, emerging subjects like artificial intelligence, machine learning, deep learning and computer programming have become the top online courses preferred by…

1100 arrested in China over crypto money laundering

A security official told that China has arrested 1100 people for using the gains from crime to purchase crypto as a part of an increasing crackdown in the industry. Bitcoin mines of China power about 80% of the worldwide trade in crypto, although dealing is banned in the country. Officials have begun to keep a…

EI Salvador president offers permanent residency to cryptocurrency entrepreneurs

Nayib Bukele, President of EI Salvador has offered incentives for the crypto community including immediate permanent residency for crypto entrepreneurs and bitcoin investors won’t face any capital gain tax. This has attracted attention from entrepreneurs and investors alike. All this followed his latest announcement to make Bitcoin a legal tender in the nation. Bukele retweeted…

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Explained: The May Cryptocurrency turmoil and what lies ahead

On Wednesday, cryptocurrency markets witnessed a downturn, with major currencies crashing rapidly, wiping off as much as $1 trillion from their valuations, which had hit a record high of more than $2 trillion recently. Many analysts seem to believe that the crypto bubble, which grew without reason or rhyme or unsustainably for some time now,…