IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies […]

Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea.  Barry Silbert, founder and CEO of Digital Currency Group, explained his rationale for backing Streami: “We expanded our investment in […]

Reserve, a fintech and cryptocurrency-related exchange and payment processing app, sent an email yesterday to its customers asking for their help in processing payments by leveraging their personal Zelle accounts to do so. This raised certain alarms in the community, that are now wary of a third-party company using their […]

Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022. According to a report by Pulse News, South Korea’s Ministry of Economy and Finance on Wednesday announced additional details of the country’s impending crypto tax law, which included […]

On Thursday (May 6), the $XRP price broke above the $1.76 level for the first time in nearly three weeks. Data by TradingView indicates that on crypto exchange Bitstamp the XRP price hit $1.7635, which is currently (as of 09:50 UTC on May 6) the intraday high, at 01:08 UTC. […]

Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing its head offices in San Francisco. Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote first.” “We’ve committed to having no HQ, and […]

On Thursday (May 6), the Cardano ($ADA) price broke $1.53 for the first time in over three weeks. Data by TradingView indicates that on crypto exchange Kraken at around 04:33 UTC the $ADA price went above the $1.53 level for the first time since April 14 (when it got as […]

Bitcoin whales have accelerated the transfer activity of the world’s most valuable digital currency. According to the latest data published by crypto analytics and blockchain tracking platform Whale Alert, a large BTC address moved 19,000 Bitcoin to an unknown crypto wallet. The total value of the transaction currently stands at […]

Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency firms, a local outlet reported on Wednesday, as authorities seek to determine how many cryptocurrency exchanges operate within the country’s borders. An unnamed regulatory body has requested that banks reveal the corporate accounts of […]