Digital Financial News

29.11 / 11:15

Provident Digital Bitcoin No Proposal To Recognise Bitcoin As A Currency, Says Finance Minister Nirmala Sitharaman

The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in a reply to the Lok Sabha on Monday.

29.11 / 03:11

Blockchain Digital Platform Gap Astra Guild Ventures Declares It's Private Sale

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

29.11 / 02:23

Blockchain Digital Platform coinbase HMRC UK’s HMRC to levy 2% tax on crypto-platforms as they don’t qualify for exemptions

The unprecedented appreciation in cryptocurrency gains over the past year has taken the world by storm. Cryptocurrency exchanges too have seen massive gains due to the crypto-trading boom of 2021. Needless to say, this surge has caught some regulatory attention. Understandably, many governments are now mulling taxing cryptocurrency platforms.

28.11 / 22:39

Facebook IPO FIVE Digital SGB 2021-22: Gold Bond issue price fixed at Rs 4,791/gm; subscription opens Monday

The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from November 29, has been fixed at Rs 4,791 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 – Series VIII will be open for subscription from November 29 – December 03, 2021.

28.11 / 07:19

Ethereum Digital Platform Bitcoin Along with Bitcoin, Ethereum, Kevin O’Leary ‘needs’ to invest in Solana, Polygon, Hedera

Kevin O’Leary, one of the most vocal institutional cryptocurrency investors, has considerably expanded his digital asset holdings over the past year. Once a critic of the novel asset class, the “Shark Tank” star, and investor has since increased his crypto investments to 10% of his portfolio, admittedly, in Bitcoin, Ethereum, and USDCoin.

27.11 / 21:37

UPS Digital Platform Decentraland Future Metaverse tokens like Decentraland’s MANA may just be the golden ticket to future

The metaverse, or the hyptonized digital iteration of the universe in which we live, is the latest hype that has engulfed the crypto space. With Facebook being one of the latest high profile platforms to jump onto the bandwagon, many consider the metaverse to be the successor of the social-media era.

27.11 / 19:27

Blockchain Digital CEO Platform Industry leaders upbeat about crypto in India, want to stay ahead in the game

The FUD around the ban on cryptocurrencies in India has created an uncertain environment for crypto exchanges. Ecosystem players working in spaces like non-fungible tokens and blockchain are also in a tizzy. Needless to say, amid panic selling, crypto proponents urged investors to remain calm, and avoid arriving at any rushed conclusions.

27.11 / 14:21

Provident Digital Future Research finds stablecoins and a CBDC can ‘have a future together’ in Canada

Stablecoins and CBDCs are frequently being discussed of late. Regulators across the world, especially, have been weighing the pros and cons of these digital currencies and their implementation in their respective countries. A new report published by the C.D. Howe Institute in Canada considers this from a different point of view, that is linking stablecoins to a CBDC. The report is titled, “Two Sides of the Same Coin: why Stablecoins and a CBDC have a Future Together.”

27.11 / 01:17

Digital AXY Currency Indices Infinity Metaverse in the spotlight, as digital land plot sells for $2.3 million on Axie Infinity

Play-to-earn gaming platform Axie Infinity recently posted on Twitter that “A Genesis Land Plot just sold for 550 ETH.” Amounting to $2.3 million, it is the “largest sum ever paid for a single plot of digital land,” as per the post. Axie noted,

26.11 / 23:39

Digital LocalBitcoins Bitcoin surges regulatory Despite regulatory headwinds, P2P crypto trading surges in South Korea

Despite fears of another regulatory crackdown, South Korea’s digital asset market has been growing well, and peer-to-peer Bitcoin trading is still surging, hitting all-time highs over November.

26.11 / 21:27

UPS Digital Bitcoin boost e-CNY digital asset exchange China considers setting up digital asset exchange to boost e-CNY adoption

A state-backed digital asset exchange might soon crop up in China. However, cryptocurrencies might not be able to find a spot there. In a bid to promote the usage of the digital yuan, the center might be pursuing goals to create a digital asset exchange in Beijing.

26.11 / 19:49

Provident Binance Digital Bitcoin Central bank acknowledges Russia’s leading role in crypto industry, outlines major risks

The cryptocurrency market is growing at an exceptional rate. In fact, many countries are vying for the top spot in terms adoption. As it turns out, a top contender in the $2.8 trillion market, is Russia. The country conducted trades of over $5 billion over the past year, according to the country’s central bank.

26.11 / 15:19

Waves Digital Citizens Bitcoin Bank of England Governor raises concerns about El Salvador’s Bitcoin adoption

Two months after El Salvador scripted history to become the first country to officiate Bitcoin as legal tender, proponents of the financial industry still don’t seem completely sold on the idea. Andrew Bailey, who is the Governor of the Bank of England, recently raised concerns about the same while speaking at a conference, according to Bloomberg.

26.11 / 13:27

Provident Digital Platform EU ‘Markets in Crypto Assets’ proposal places emphasis on stablecoin governance

At a time when most financial regulators worldwide are sailing their way through enacting cryptocurrency regulations, the European Union (EU) has been assuming an urgent pace to release a planned framework regarding the novel asset class.

26.11 / 13:13

Digital Mobile NOT Why the metaverse might not be worth as much as you think

What is the so-called metaverse, and how lucrative will it be for tech companies? It depends on whom you ask, the corporate equivalent of a Rorschach test.

26.11 / 12:49

Blockchain Digital Platform Decentraland Future Metaverse will be a Trillion-dollar Market in Future: Grayscale

Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.

26.11 / 12:49

Blockchain Target Digital Nano Thailand Eyes Crypto Tourism to Increase GDP

Thailand could see a new phase in its tourism sector as the country is planning to target crypto digital nomads to increase its gross domestic product (GDP).

26.11 / 11:59

UPS Digital Platform Kryptomon and BakerySwap Announce Mystery Box Sale - New Exclusive NFT Giveaway

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

26.11 / 11:05

Blockchain Digital Ripple SEC Kevin O'Leary: 'I have no interest in being a crypto cowboy'

Celebrity investor Kevin O'Leary is investing in digital currencies, but he hasn't done so lightly, telling CNBC that he'd prefer to consult with regulators on this space rather than be a «crypto cowboy.»

25.11 / 19:33

Citi Digital CEO Assurant NOT WazirX CEO discusses India’s crypto market, urges investors not to give in to FUD

The Indian crypto market is in turmoil and the air is thick with FUD as the government potentially prepares to table the heavily-discussed yet mysterious Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

25.11 / 18:27

Lowe's Digital Action Bitcoin Bitcoin Cash, MATIC, SUSHI Price Analysis: 25 November

The broader market finally showed signs of a comeback as several cryptos traded in the green zone in the last 24 hours. As a result, Bitcoin Cash and MATIC registered double-digit gains after touching their multi-week lows on 18 November.

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