Blockchain & crypto news from India
The inflows into digital asset investment products have set a remarkable new record, exceeding $17.8 billion year-to-date (YTD). This surge in investment suggests the potential beginning of a recovery in the cryptocurrency market. Notably, the recent record-breaking figure follows a substantial influx of $1.44 billion into cryptocurrency investment products in the last week. Based on…
The U.S. Securities and Exchange Commission has invited public feedback on what counts as an ”exchange” in the light of DeFi crypto platforms performing similar trades as a stock exchange. The SEC considers decentralized platforms as similar to an exchange, and thus aims to extend its regulatory framework to DeFi services. There are several ways…
The number of active crypto wallet users gives a broad picture of the ecosystem of blockchain and crypto users including investors and traders. Despite the recent surge in Bitcoin price, the number of active and unique wallet users in the last quarter of 2023 dropped 9.7% year on year compared to the fourth quarter in…
From musicians and athletes to movie stars, the success of Bitcoin has turned heads around across all industries and professions. Recently, Kim Kardashian, famous for being famous, came into legal trouble for dropping a sly ad last year on her Instagram, asking, ‘Are you guys into crypto?’. The billionaire entertainer is reported to have paid…
Today, SEC or the U.S Securities and Exchange Commission declared the title of the upcoming cryptocurrency panel for its December 2 Investor Advisory Meeting. The title will be ‘Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies’. Earlier, on Nov.15, the Commission declared the meeting would be open to the…
Former SEC Chairman Jay Clayton in an interview with CNBC Squawk Box made it known that bitcoin had the status as a non-security at the SEC but this does not mean it should not be regulated. Clayton talking about bitcoin, said, “where digital assets land at the end of the day will be driven in…
In March, more than 900k jobs were added in the U.S., exceeding estimates. The estimated figure was 675,000, while 916,000 jobs were added, edging down the unemployment rate to 6% from 6.2%. Areas where gains were made, were from leisure and hospitality, public and private education, and construction. The pandemic changed a whole lot about…