Government’s aim to regulate crypto raise concerns,50,000 jobs at stake
Despite crypto being an illegal tender in India, the country has 15 home-grown cryptocurrency exchange platforms, consisting of more than 10 crore investors
Category: Regulations
Cryptocurrency miners are facing energy crunch in Kazakhstan
The country now sits in the number two spot — just behind the US — as one of the hottest crypto mining spots, according to data from the University of Cambridge.
India to prohibit private crypto coins with ‘certain exceptions’
Local crypto currency exchanges are also growing exponentially. CoinDCX, backed by B Capital, and CoinSwitch Kuber, backed by a16z and Coinbase Ventures, became unicorns this year.
U.S. banking regulators to clarify banks’ crypto role in 2022 – statement
While not providing details, the agencies said the rapid growth of cryptocurrency presents “potential opportunities and risks” for traditional banks