Comment: India needs crypto regulations more than ever
All signs suggest that a new crypto bill can be tabled in the parliament during the winter session. It will provide us with a clearer picture
Category: Regulations
How Binance took the crypto market by storm, then caught the eye of governments
In late 2020, the SEC asked Binance.US for detailed information on its business, including who is in control of users’ digital wallets, where cryptocurrencies are stored, and details of Binance.US’s agreements with Binance Holdings.
Indian government to ‘fast track’ amending new crypto bill: Report
Meanwhile, India’s central bank is also working on a central bank digital currency (CBDC), aiming to introduce a digital rupee model by year-end.
The US is dragging its heels on critical stablecoin regulations
Aside from the technical advantages, stablecoins have become a critical part of the cryptocurrency markets because of banks’ historical unwillingness to take on crypto firms as clients.