Auto Added by WPeMatico

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

Indian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

A high-level meeting is reportedly being held on cryptocurrency regulation in India and Prime Minister Narendra Modi will take a final decision on how India will regulate the crypto sector.…

Continue ReadingIndian Prime Minister Narendra Modi to Take Final Decision on Cryptocurrency Regulation

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in…

Continue ReadingJapan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

Indian Crypto Bill: Exchange CEO Discusses What to Expect

There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has…

Continue ReadingIndian Crypto Bill: Exchange CEO Discusses What to Expect

SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and…

Continue ReadingSEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

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

Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China

Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could…

Continue ReadingHillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China

India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report

India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end.…

Continue ReadingIndia Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report

India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency

The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the…

Continue ReadingIndia’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency