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A bill to regulate bitcoin is being drafted, and RBI Governor Shaktikanta Das is one of those who believes that the blockchain technology that underpins cryptocurrencies might operate independently of the currency. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, stated that he believes in blockchain technology. “I believe in blockchain technology, which is … Read more
To better comprehend the proposed cryptocurrency Bill’s influence on NFTs, we consulted with key specialists. This will also be determined by how NFTs are classified. Many NFTs, unlike cryptocurrencies, are backed by tangible assets. “It (the Bill) might or might not pass” (impact NFTs). It all relies on how the Bill is written and what … Read more
The government’s Cabinet note on the proposed cryptocurrency bill suggests regulating private cryptocurrency rather than outright banning it. The government’s Cabinet note on the proposed cryptocurrency bill suggests regulating private cryptocurrency rather than outright banning it. Cryptocurrencies will not be recognised as legal tender in India, according to the memo. According to the letter, the … Read more
In the midst of the uncertainties surrounding the future of cryptocurrencies in India, Infosys Chairman Nandan Nilekani remarked on December 1 that crypto assets may be utilised to increase financial inclusion. “There is a role for crypto as assets,” Nilekani, who co-founded Infosys, said at the Reuters Next Conference. “But they obviously will have to … Read more
The buildup of excess fatty tissues on the face, which gives it a rounder and fuller appearance, is known as face fat. Face fat and a double chin may appear cute, but for individuals who desire sharp features such as a chiselled jawline, sharp nose, and sculpted cheekbones, face fat and a double chin are … Read more
Saurabh Shah, a 26-year-old chartered accountant in Mumbai, is unconcerned about India’s proposed cryptocurrency prohibition. Similar suggestions have come and gone in the past. Shah bought Bitcoin as a student in 2017, just as India’s central bank banned financial institutions from carrying out crypto-related transactions. “I bought it because of the hype,” Shah told Al … Read more
The Cryptocurrency and Official Digital Currency Regulation Bill 2021 has been introduced in Parliament. In India, the crypto business is expecting positive regulation that would allow for limited investment and trading in crypto assets. Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the government will introduce the … Read more
With the exception of Dogecoin and Tether, all of the top ten digital tokens were trading upward. Ethereum increased by 7%, while Solana and Polkadot increased by 5%. In comparison to the previous day, the worldwide crypto market capitalization increased by a little more than 1% to $2.64 trillion. The whole crypto market volume, on … Read more