Argentina Banks facilitate crypto buying and investment options

The largest bank in the nation, Banco Galicia will enable its clients to make investments in Bitcoin and other cryptos. Whereas on the other hand, Brubank, another Argentine bank that operates online, declared that it will also offer cryptos. The rollout of crypto associates services by both financial entities started on Monday, May 2nd. On…

Princeton University launches initiative on blockchain

Princeton University is introducing an initiative on blockchain and its potential to interrupt and restructure power in society. Sustained by four alumni in a combined major gift to Princeton’s Venture Forward campaign, the initiative will call together scholars across disciplines to better comprehend the possible benefits and drawbacks of the technology. The initiative will be…

Russia may use crypto to blunt the force of US sanctions

When the US prohibited its citizens from conducting business with Russian banks, gas and oil developers, and other firms in 2014, after the nation invaded Crimea, the hit to Russia’s economy was immense and swift. Economists calculated that sanctions imposed by Western nations cost Russia around $50 billion per year. Since that day, the global…

Ukraine legalizes cryptocurrencies

On Thursday, Ukraine legalized cryptocurrencies even as its tensions with Russia have disturbed markets globally in the previous week because of global concerns over the prospect of a wider war with over 100,000 Russian troops near the Ukrainian frontier. In a Tweet, the Ukraine Vice Prime Minister Mykhailo Fedorov said that the country is already…

india crypto regulations

Decision on the fate of cryptocurrency in India follows: FM

On Friday, Finance Minister Nirmala Sitharaman said that the government has sovereign right to tax profit made from crypto transactions and the decision on prohibiting or not prohibiting will be taken depending on the feedback from consultations. Responding to the general discussion on Union Budget, the finance minister said that she is not going to…

Russia introduces plan to regulate cryptos

The Russian government has accepted a system for laws regulating cryptos. A said goal of the new policy is to integrate digital tokens into Russia’s financial system while guaranteeing the rights of private investors and preventing digital assets from being used to finance crime. On Tuesday, Moscow’s official press service said in a statement that…

Crypto Bill unlikely to be introduced in Budget Session of the Parliament

The Centre may not table the much-awaited crypto regulation bill in the upcoming budget session of the Parliament, many new firms have reported currently. According to the reports, this is because there is a need to have more discussions on it and the government intends to build consensus over the provisions of the upcoming Bill….

At virtual Davos meet, PM Narendra Modi calls for global action on cryptocurrency

On Monday, PM Narendra Modi called for synchronized and collective action related to policymaking for blockchain-backed digital currencies. Speaking at the World Economic Forum’s Davos Agenda 2022 virtual event, the PM noted that besides the change for global order, the challenges are also surging, including inflation, supply-chain disruption, climate change and crypto. He said that…