Blockchain & crypto news from India
The United States Federal Reserve is moving ahead with its real-time payment project FedNov Service by initiating with the blockchain infrastructure. The Fed officially introduced the FedNov Service Provider Showcase, targeting to offer financial institutions and users a variety of services to aid them to implement FedNov Service, which launches in 2023. At launch, the…
As Parliament proceeds to discuss and debate norm or ban of cryptos and crypto exchanges in parliament from next week, India might have to be mindful that new global guidelines are being set on the management and permission of cryptos, especially given that terror financing and money laundering would become very easy without coordinated global…
On Monday, financial authorities in Mexico told that crypto assets aren’t legal tender and aren’t considered currencies under current laws. The authorities further cautioned financial institutions that operate with them are subject to sanctions. The joint statement by banking regulators, the Bank of Mexico and the the Bank of Mexico after Ricardo Salinas Pliego, a…