US Bank, the fifth-largest retail bank in the US, launched a Bitcoin custody service earlier this month. This was an early sign that retail investors were seriously considering moving into the decentralised finance space
NFTs are a type of digital asset which use blockchain to record the ownership of items such as images, videos and other collectibles
The Washington- based Chamber of Digital Commerce said retail-focused stable coins pegged to the dollar should not be subject to a new set of rules “simply because new technology is being deployed”.
Industry trackers say investigators including cybercrime officials, the Enforcement Directorate and the income tax department, had raised red flags in the past few months
