Auto Added by WPeMatico

Senator Warren seizes on fears over crypto and sanctions with new bill

If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers' identities and transfers to private crypto wallets.

Continue ReadingSenator Warren seizes on fears over crypto and sanctions with new bill

Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth

A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset…

Continue ReadingCanadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth

Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work

India’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban…

Continue ReadingIndian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work

Indian Government to Make Additional Changes to Crypto Bill: Report

The Indian government is reportedly making additional changes to the country’s crypto bill. The bill, which is listed for the current session of parliament, may be taken up in the…

Continue ReadingIndian Government to Make Additional Changes to Crypto Bill: Report

Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC

The Twitter account of Indian Prime Minister Narendra Modi was compromised and a tweet was posted claiming that the government of India has adopted bitcoin as legal tender and purchased…

Continue ReadingPrime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC

Indian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy

India’s Prime Minister Narendra Modi talked about cryptocurrency at a recent Summit for Democracy hosted by U.S. President Joe Biden. He called for global collaboration on cryptocurrencies “so that they…

Continue ReadingIndian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy

India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a…

Continue ReadingIndia to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report

India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report

India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange…

Continue ReadingIndia’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report

Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading

The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in…

Continue ReadingIndian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading