US charges crypto executives for 1st time amid larger scrutiny
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El Salvador becomes 1st country to make Bitcoin a legal tender
El Salvador President Nayib Bukele on Wednesday announced that the country has approved the bill to make Bitcoin cryptocurrency a legal tender in the Central American country.The Central American country is now the first country in the…
Dorsey’s firm Square to invest $5M for solar-powered Bitcoin mining
Twitter CEO Jack Dorsey-run financial services company Square is investing $5 million to build an open-source, solar-powered Bitcoin mining facility with blockchain technology provider Blockstream Mining. The facility will be a…
Elon Musk to help crypto miners form Bitcoin Mining Council
After giving a massive jolt to the cryptocurrency fans, Tesla CEO Elon Musk has now come forward to help form a Bitcoin Mining Council that will promote energy usage transparency" and "accelerate sustainability initiatives worldwide."Musk…
The great Indian Crypto circus
Amongst all its Indian stakeholders, there are strong undercurrents, deafening official-silence and unofficial-posturing, all around. Over the past few months, the government has had its varying views & intent about crypto. The RBI has…
Volatile yet lucrative, Bitcoin becomes Indians’ dream investment
If the mega cryptocurrency has left you nervous, especially if you are an investor in digital coins like Bitcoin or Ethereum, hold your nerves as there is a silver lining in the mayhem the crypto asset class experienced last week.While the…
US wants crypto transfers over $10K to be reported to IRS
Calling for stricter cryptocurrency rules, the US Treasury Department has said that any cryptocurrency transfer worth $10,000 or more has to be reported to the Internal Revenue Service (IRS).In a new report on tax compliance proposals, the…
Bitcoin crash: Think long-term, say Indian crypto leaders
A day after the key cryptocurrencies like Bitcoin and Ethereum saw a bloodbath, industry players on Thursday requested people not to lose hope and take a long-term view of their investments.The price of bitcoin tumbled below $40,000 for the…
Bitcoin tumbles after China warning
The price of bitcoin tumbled below $40,000 for the first time in months and other cryptocurrencies were pressured on Wednesday, after the People's Bank of China apparently warned against using digital coins as payment, MarketWatch…
India needs its own crypto unicorns: Experts
Stressing that India needs smart and sensible crypto regulation, leading cryptocurrency players in the country on Friday urged the government against the ban and sought engagement to build consensus on crypto regulation.The government…