Crypto not an alternative to 'fiat money'; no ‘fundamental value’: White House
White House in a scathing report says crypto innovation has been mostly about creating artificial scarcity to support its assets’ prices.
crypto industry
March 2023
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December 2022
July 2022
From incentives to free food – FM lists out steps taken to curb inflation
During post-Budget Stakeholder Interaction in Jaipur, Nirmala Sitharaman says Union Budget 2023-24 has something for each section of society
Global collaboration must to make effective law on crypto: FM
FM Nirmala Sitharaman says whether it is crypto mining, asset or transaction, a standalone country's effort in controlling and regulating it is not going to be effective.
‘Mark my words': Private crypto to cause next financial crisis, says RBI Guv
The RBI governor says private cryptos should be prohibited. If they are allowed to grow, they could cause the next financial crisis, he adds.
Crypto firm Voyager Digital to sell assets worth $1.02 bn to Binance.US
Binance.US, also known as BAM Trading Services Inc, emerged as the highest bidder in a bid by Voyager Digital to sell its assets.
Crypto platform Vauld suspends ops amid financial crunch
Singapore-based crypto-trading platform says volatile market conditions led to customer withdrawals of over $197.7 mn since June 12, 2022, triggered by the collapse of Terraform Lab’s UST stablecoin.
