Who Will Be in Charge of Cryptocurrency Regulation?

During the present Winter Session of Parliament, the government made it clear that it has no plans to grow the cryptocurrency business in India. While the government intends to alter the Income Tax (I-T) Act in Budget 2022-23 to bring cryptocurrency investments and trading under official scrutiny, it remains unclear who would regulate the industry. … Read more

December 10th: Bitcoin is trading at Rs 39 lakh, down 1.36 percent.

Early on December 10, cryptocurrencies were trading in the red. The worldwide crypto market capitalization has decreased to $2.28 trillion, down 3.40 percent from the previous day. The overall cryptocurrency market volume over the last 24 hours has increased by 2.96 percent to $105.34 billion. The overall volume in DeFi (Decentralized finance) is currently $15.04 … Read more

PM Modi will make the final decision on the regulatory framework for cryptos.

According to two people familiar with the situation, Prime Minister Narendra Modi will make a final decision on the regulatory framework for cryptocurrencies despite differing opinions among stakeholders. On Thursday, a high-level meeting was conducted to evaluate all options as well as stakeholder perspectives, including the Reserve Bank of India’s concerns. According to one of … Read more

Does intermittent fasting work? Is it good for one’s health?

You don’t eat for a period of time each day or week when you practise intermittent fasting. • Alternate-day fasting is a popular strategy to intermittent fasting. Eat a regular diet one day and then fast or eat only one tiny meal (less than 500 calories) the next. • Fasting in the 5:2 ratio. Five … Read more

Today’s top cryptocurrency values:

New Delhi, India: Even as investors dumped the largest digital token, Bitcoin, the cryptocurrency market edged upward on Thursday. In the meanwhile, investors remained cautious ahead of critical economic data. With the exception of Bitcoin and Polkadot, all of the top ten digital tokens were trading higher around 9.30 IST. Terra increased by 11%, while … Read more

Scams involving crypto and hacktivism will become more common in 2022: Norton

Scammers will be able to take advantage of the growth in casual investors who do not completely understand the complexities of how cryptocurrencies function, according to Norton. According to Norton, cyber activism will gain traction in the coming year, and crypto frauds will undoubtedly expand as more people invest. Scammers would also target people affected … Read more

In the United States, WhatsApp has launched a test programme for bitcoin payments.

WhatsApp has introduced a new trial programme that allows a “limited number” of individuals in the United States to send and receive money using cryptocurrencies from within a chat. Payments are done using Pax Dollars (USDP), a stablecoin pegged to the US dollar produced by Paxos, which is enabled by Novi, Meta’s digital wallet that … Read more

Nexo & Fidelity Digital Assets will give crypto investors with high-security services.

Nexo will use Fidelity’s asset management technology to expand its crypto loan and saving services as part of the agreement. Nexo, a crypto lending and savings service based in the United States, has teamed up with New York City-based Fidelity Digital Assets (FDA) to attract large institutional investors to the cryptocurrency industry. Nexo will use … Read more

For cryptocurrency trading, Kotak Mahindra is teaming up with WazirX.

According to many reports, Kotak has opened an account with WazirX and is completing the appropriate paperwork and test runs. Kotak Mahindra has become India’s first big bank to accept cryptocurrency trading. It has opted to register an account with the WazirX exchange in order to accept and pay money to those who trade on … Read more

Violations of the new crypto rules might result in a fine of Rs 20 Cr. or a jail sentence.

New Delhi, India: At a time when the central government is exploring new legislation to regulate cryptocurrencies, media sources on Tuesday indicated that Prime Minister Narendra Modi’s government will likely set a deadline for crypto holders to register their assets and comply with any new rules. According to the suggestions, offenders of the new cryptocurrency … Read more

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