News

Cryptocurrency to Have Limited Upside Down Due to Decline in Stablecoins Share Prices: JP Morgan

In a current outlook published on March 30, JP Morgan highlighted that the crypto market would experience a limited upside down ahead as the...

Wikimedia to Stop Accepting Crypto Donations on Environmental Grounds

The non-profit organization, Wikimedia that owns Wikipedia has announced that it will stop accepting cryptocurrency donations from its users, citing environmental and sustainability reasons....

Uzbekistan Legalizes Solar-Enabled Cryptocurrency Mining

In a highly impressive discussion, Uzbekistan has now legalized companies to mine several cryptocurrencies and digital assets via solar energy-powered machines and devices. Moreover,...

Bentley University Will Now Accept Cryptocurrency for Tuition Payments

Bentley University is now accepting cryptocurrency for tuition payments. It, therefore, became the first university in the US to offer students this new digital...

Telegram Will Now Allow Users to Send Cryptocurrency on the App

Key Highlights: Users on Telegram can now send and receive cryptocurrency, ToncoinToncoin is a rebranded Gram token whose development was halted by the SEC in...

Cryptocurrency for 401(k) Accounts – Fidelity Offers it as an Investment Option

Fidelity Investments, the company that has reported $11.3 trillion in assets under administration (AUA), has become the first retirement plan provider to offer cryptocurrencies...

India Will Not Take a Rushed Decision on Cryptocurrency: Nirmala Sitharaman

In an event at Stanford Medicine, the Finance Minister of India contemplated that India will not rush into finalizing a policy on cryptocurrencies and...

Banks Request Clarity on Crypto’s Relationship with Indian Payment Providers

Banks in India, reportedly, have reached out to the National Payments Corporation of India (NPCI) seeking clarity on the ongoing relationship between cryptocurrencies and...

Ukrainians Not Allowed to Buy Crypto Abroad from Local Currency Accounts

The National Bank of Ukraine (NBU) issued a notice on April 20 about imposing specific rules, regulations and restrictions on cross-border transactions made by...

India’s Finance Minister’s Latest Statement on Cryptocurrency, 30% Crypto Tax, 1% TDS

In a recent announcement, the Indian Finance Minister, Nirmala Sitharaman, said that taxing income from cryptocurrency investments and other virtual assets must not be...

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Forex Reserves Formidable But Vain Amidst a Global Tide

The Reserve Bank of India (RBI) has used its...

Rupee Hitting an All-Time Low Suggesting Forex Reserve Erosion

Highlights: INR (Indian Rupee) weakened to an all-time low, hinting...

Cryptocurrency Shocker! GST Council to Impose an Additional 28% Tax on Crypto Assets

Highlights: The Indian crypto market is amidst shock after the...