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A Show Cause Notice (SCN) has been issued under the terms of FEMA. ED is probing two instances involving WazirX under the FEMA Act 1999. State Minister for Finance Pankaj Chaudhary informed Rajya Sabha that ED has given a notice under the FEMA Act to crypto exchange WazirX. In a
Galoy also announced a $4 million capital raising to support the development. Stablesats’ source code may be seen on GitHub and on a dedicated website. The Lightning Network may eventually allow users to send and receive dollars with the press of a button. Wednesday, Galoy, the open-source financial platform that
According to recent reports, Honduras’ first Bitcoin city named, ‘Bitcoin Valley’ has opened in the Honduran tourist town of Santa Lucia. As part of the new Bitcoin Valley initiative, Santa Lucia will accept Bitcoin (BTC) for payments. The project aims to increase tourism revenue across 60 local businesses. With the
ETH’s price has risen by almost 70% in the previous month. A record high of $24,650 was reached for BTC on Saturday, the highest since June. After bouncing back from its most catastrophic loss in recent memory, the global crypto market fell by roughly 1.12% on Monday. Prices of Bitcoin
Blockchain and cryptocurrency expert positions will be created in the OSTP. On Wednesday, the measure was approved by the Senate. The Chips and Science Act was approved by the US House of Representatives on Thursday, by 243 to 187. Grants and incentives for the semiconductor sector are part of the
In the past even, the acclaimed author has advocated for the purchase of silver. Kiyosaki has been patiently waiting for the lowest price to acquire bitcoin. Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has spoken on what he considers to be the greatest investment deal today.
These quantities are lower than Israel’s prior 2019 transaction restrictions. Violators might face fines of 15% to 25% of the money involved. Citizens of Israel will be unable to utilize cash for transactions greater than $4,400, depending on the company they are dealing with, beginning Monday. Israel is increasing its
More than 240 individuals have been robbed of $42.7 million due to fraud programs. The victims of these illicit acts were addressed by U.S. government authorities. Apple and Google were questioned by a member of the U.S. Senate after a warning from the Federal Bureau of Investigation (FBI). The chairman
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)
Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second time in a row, the Federal Reserve hiked its benchmark interest rate by whopping three-quarters of a percentage point to combat excessive inflation. In a
