While it’s a mild setback that crypto isn’t a legal tender, there’s still hope as the Centre, despite prohibiting private crypto coins, allows certain exceptions
The bank will hire 100 roles across its institutional clients group (ICG) and associated functions to develop its capabilities in these areas
While not providing details, the agencies said the rapid growth of cryptocurrency presents “potential opportunities and risks” for traditional banks
Separate groups are exploring several use cases, including electric power P2P trading, security tokens, retail payments, industrial settlements, regional coins, and NFTs
Meanwhile, Time Magazine will begin publishing content on the metaverse, and Vogue Singapore dedicated its September issue to NFTs.
The Securities and Exchange Commission warned against investing in the temple’s currency
The pressing issue is that it becomes difficult for law enforcement to track crimes involving cryptocurrencies which leaves a thin chance to recover lost funds for victims
Bitcoin has been legal tender in El Salvador alongside the U.S. dollar since Sept. 7.
Anand Mahindra took to Twitter to dismiss all the reports of him investing in cryptocurrencies along with a few screenshots of news reports stating that he earns millions every day through crypto investments.
OCBC bank is mulling to set up a digital asset exchange after it’s competitor DBS launched a crypto exchange in December 2020