Crypto Financial News

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blockchain. From a technology point of view, blockchain is a digitally distributed, decentralized ledger that helps track and verify transactions. Even though blockchain is well known for the technology behind cryptocurrencies such as Ethereum and Bitcoin, environmental researchers are now finding its use in solving the climate crisis, ranging from tracking the sustainability of products to monitoring pollution. In this article, we will explore how blockchain technology can help to combat the environmental crisis.

CoinSwitch has unveiled Crypto Rupee Index CRE8, to measure the performance of the Indian Rupee-based crypto market, the company said on Friday. The Crypto Rupee Index tracks the performance of crypto assets that represent over 85 per cent of the total market capitalisation of cryptocurrencies traded in Rupee, a press release said. «The index is based on real trades on the CoinSwitch application, which has 18 million registered users,» the release said.

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Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Crypto investing app CoinSwitch on Thursday launched the Crypto Rupee Index (CRE8), India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market. «Owned and administered by CoinSwitch, CRE8 tracks the performance of eight crypto assets that represent over 85 per cent of the total market capitalisation of cryptos traded in Indian Rupee. The index is based on real trades on the CoinSwitch app, trusted by 18 million registered users,» the company said. “CRE8 is a demonstration of our commitment to bring more transparency to the crypto market and equip users with a simple, easy-to-understand measure of the Indian market. The index provides a trustworthy, real-time view of the Indian rupee-denominated crypto market based on actual trades, enabling Indian users to make informed investment decisions,” said Ashish Singhal, Co-founder and CEO, CoinSwitch.

insider trading in crypto assets. This makes it the first-ever case of insider trading in the digital asset market. New York-based Chastain is charged with wire fraud and money laundering in connection with a scheme to commit insider trading in non-fungible tokens (NFTs) by using confidential information for his personal financial gain. Chastain, 31, of Manhattan, was accused of secretly buying 45 NFTs on 11 separate occasions based on confidential information that the tokens, or others by the same creator, would soon be featured on OpenSea's home page.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

central bank is open to allowing the use of cryptocurrency for international payments, a senior bank official said on Tuesday, in a sign of a possible relaxation of its opposition to digital currencies. «In principle, we do not object to the use of cryptocurrency in international transactions,» the central bank's First Deputy Governor Ksenia Yudaeva said in a briefing with reporters. But Yudaeva reiterated that the bank, as the regulating authority, continues to see the wider use of cryptocurrency in Russia as a financial threat.

According to Economic Affairs Secretary Ajay Seth, the government is taking inputs from various stakeholders, including the World Bank and International Monetary Fund (IMF). The government bureaucrat said that the consultation paper is almost ready and the government has gone deep into it. Seth remained tight-lipped over the timeline, but the sources suggest that it can be tabled in August this year.

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