Blockchain & crypto news from India
Brazil is moving closer to accepting Bitcoin. Though yet to give it a legal tender status, the country’s senate voted to adopt a regulatory framework that recognizes Bitcoin as a “digital representation of value”. Bitcoin is considered as belonging to “virtual assets” category, and thus having the status of money as well as a security….
According to Lisa Braganca, a former enforcement branch chief at the U.S. Securities and Exchange Commission, the failure of FTX may prompt more calls for regulation on Capitol Hill, but she is skeptical that Congress will take any action. During an appearance on CoinDesk’s “First Mover” program on Wednesday, Braganca stated, “I have serious doubts…
Poll results indicate that more voters want to see lawmakers treat cryptocurrency as a “serious and valid part of the economy” than as a “mechanism for fraud” and other crimes. The cryptocurrency business may be concerned about future laws and increasing restrictions, but according to a new poll issued on Wednesday, most people think lawmakers…
India’s super-rich people and family offices are becoming part of the crypto bandwagon. On their part, crypto exchanges are rolling out the red carpet for them with personalized services. Crypto funds and exchanges have experienced an increase in investments – skywards of Rs. 1 crore – by rich people and family offices, amid rising global…