Jai Sahu, Author at Coinroot

The RBI maintains its warning about cryptocurrencies, even though the US SEC has recently given approval for Bitcoin spot ETF trading. Finance Minister Nirmala Sitharaman did not address cryptocurrency regulations and taxes in her Interim Budget speech on February 1. India continues to collaborate with G20 nations to establish a unified global regulatory framework, aligning […]

Polygon Labs, the primary architects of the blockchain scaling network Polygon, released a research paper on Monday outlining their perspective on government regulation of the DeFi sector. With voices of concern echoing from the Treasury Department to the U.S. Senate, policymakers have been vocal about the potential misuse of cryptocurrencies for activities such as money […]

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The Reserve Bank of India (RBI) is currently exploring the possibility of tokenizing assets like government bonds and customer deposits to enhance the utility of its digital currency, as per information provided by two bankers familiar with the ongoing developments. The move would enable investors to acquire government securities and other bonds through the digital […]

Bitcoin maintained its position above $40,000 as it traded in the European markets on Thursday, despite a relatively stable performance of the US dollar index. This stability came just ahead of the eagerly anticipated release of the US fourth-quarter gross domestic product (GDP) data. As of 09:38 UTC, Bitcoin, the leading cryptocurrency by market capitalization, […]

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Bitwise, a crypto asset management firm, made history on Wednesday by becoming the first among the ten spot bitcoin exchange-traded fund (ETF) issuers to publicly disclose its digital wallet address. The San Francisco-based firm tweeted a screenshot showing the Bitwise Bitcoin ETF’s (BITB) bitcoin address along with holdings (11,858 bitcoin) as of January 23. The […]

Bitcoin’s price has stabilized, concluding the week at about $41,600, marking a minor 0.4% decrease compared to the previous week’s closing at roughly $41,750. The diminished volatility is credited to the recent approval of ETFs by the SEC, putting an end to speculation on this development, as reported by Matteo Greco, a research analyst at […]

Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are currently facing legal repercussions following allegations of defrauding investors out of millions of dollars through the sale of an unregistered cryptocurrency token known as INDXcoin. This particular token was marketed to devout Christians as a “God-backed” digital asset, successfully raising approximately $3.2 million in funds […]

How Many Cryptocurrencies Have Failed? More than half of all cryptocurrencies have met their demise. Out of the 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have ceased to exist. The majority of these failed cryptocurrencies originated from projects launched during the 2020-2021 bull run. Specifically, 7,530 cryptocurrencies from that period have failed, accounting for […]

The Securities and Exchange Commission (SEC) of Thailand has revised the criteria for investing in digital tokens, relaxing certain limitations. In a meeting convened on March 2, 2023, the SEC Committee endorsed principles for enhancing investment criteria and associated criteria for digital asset business operations. The objective is to establish robust investor protection mechanisms while […]

Gulf Binance, a collaborative effort between the global cryptocurrency exchange Binance and Thailand’s Gulf Innova, has officially inaugurated its exchange services within Thailand. On January 16, Binance TH declared that its exchange is now accessible to all eligible users, featuring a dedicated order book for trading pairs involving the Thai baht. Furthermore, the platform seamlessly […]

Author: Jai Sahu

Founder of Catax Expresses Disappointment Over Government’s Silence on Crypto in Budget

How to stop criminals from Misusing DeFi: Insights from polygon labs

E-Rupee Initiative: RBI Aims to Digitize Government Securities and Customer Deposits

Bitcoin’s Stability at $40,000 as U.S. GDP and $5.8B Crypto Options Expiry Loom

Bitwise Leads the Way as the First Spot Bitcoin ETF Provider to Grant Access to Wallet Address

Fineqia: SEC approval of ETFs curbs volatility, stabilizes crypto prices.

SEC Freezes Assets of Church over Unregistered ‘God-Backed’ Crypto Token

Dead Coins: Over 50% of Cryptocurrencies Have Failed

Investment Restrictions Relaxed by Thailand’s SEC for Digital Assets

Binance and Gulf Energy collaborate to introduce cryptocurrency exchange services in Thailand

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

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