It is estimated that Dogecoins worth Rs 600 crore have been traded on one platform in the last 24 hours.
Fans can collect and trade NFTs in the fields of art, design, entertainment and sport.
Gensler said the SEC is working on guidance for crypto custody, and then said that he thinks exchanges need more direct oversight.
South Korean gaming giant Nexon buys $100mn in Bitcoin, following Tesla
Green BAR podcast on carbon on blockchain
As one of the largest financial hubs in the world, inevitably crypto will become extremely popular in Hong Kong.
Customers of participating banks in Singapore and Thailand will be able to transfer funds up to S$1,000 or THB25,000 daily across the two countries, using just a mobile number.
Complications abound for accepting crypto from abroad while those donated India can sell their crypto for Indian Rupee on an exchange
Canada is moving faster, approving all kinds of crypto ETFs and allowing its first Bitcoin ETF in February
But many of the exchanges, which conduct the critical operation of turning cryptocurrency into dollars or other widely accepted currencies are outside the reach of U.S. regulators