crypto update

Indian crypto exchanges record higher trading volumes after FIU action on global exchanges

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Leading Indian cryptocurrency exchanges are recording higher trading volumes, deposits, and user registrations following Financial Intelligence Unit’s (FIU’s) decision on December 28, 2022, to issue compliance show-cause notices to nine global crypto exchanges along with a request to the IT ministry to block their URLs for not adhering to Indian regulatory norms. Leading Indian crypto … Read more

coinbase and binance: Crypto Regulatory Bill passes US Congressional Committee: How India can benefit from It?

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In a significant move, the US Congressional Committee took a monumental step by advancing a bipartisan bill that seeks to establish a comprehensive regulatory framework for cryptocurrencies. This marks a pivotal moment for Capitol Hill in its endeavors to formalize federal oversight for the digital asset industry. The crypto sector has faced increased scrutiny, especially … Read more