Fed Chair Jerome Powell reveals a new legislature for digital currencies will be out soon. New rules and regulations by the U.S will be reflecting on the crypto market. Congressman Tom Emmer also tweets the same. It’s quite skeptical that ever since, the talks started in December, 2021 in the
Crypto industry has so far performed the best for the year 2021. Overall crypto industry market cap amounts to $3 Trillion. Certain hurdles pose for the year 2022 to overcome. Looking back for the past decade, the year 2021 has so far been the best year for the crypto industry.
World’s leading cryptocurrency exchange, Binance is now restarting its operations in the U.K after the ban lifted by the country’s regulators. The CEO of Binance, Changpeng Zhao (referred as CZ) shares about the company’s reviving plans to build the business in the U.K. The re-engaging of Binance with the U.K
WazirX’s exchange hit 10 million users this year. Compared crypto to the 17th century Tulip mania. With few exclusions, India’s proposed ban on private cryptocurrencies triggered significant panic selling on Tuesday night, crashing India’s largest crypto exchange, WazirX. WazirX CEO Nischal Shetty told BusinessToday. Due to high user activity after
Governing bodies, on the other hand, anticipate stable coin rules. The stable coin market leader Tether, predicted to have a hard hit by the crackdown. Recently, private companies have issued various stable currencies. Assisting in the expanding ecosystem’s liquidity and settlement. And as an alternative to fiat. Cryptocurrencies, recognized for
In recent times, there were a lot of controversial statements revolving in the U.S regulations for crypto taxations. The U.S provision targets to achieve $28 billion for bipartisan infrastructure and uses a smart idea to raise the fund through the tax amount of cryptocurrencies. Besides, the U.S Senate is against
Despite plenty of allegations and criminal charges put forth by many crypto-regulated nations all over the world, Binance now starts a new strategy by withdrawing itself from those countries. Upon such countries, last week Binance announced its shutting down in Italy, Germany, and the Netherlands. Adding to the list, now
One could easily attain the top-notch, but the real strive starts after you reach the top upon maintaining the same top position. Likewise, the world’s largest cryptocurrency exchange, in terms of the market cap value, is striving extremely hard these days in order to keep up its position. The crypto
When it comes to cryptocurrency regulations almost all bodies of the crypto industry like the exchanges, blockchain platforms, wallet platforms, and NFT platforms, etc are all against it. However, one particular body insists the country which it is based upon to make more proper and clearer regulations furthermore. Blockchain Australia’s
Ever since the introduction of the term ‘Regulations’ upon the crypto industry, the industry has got into chains. Worst of all is the cryptocurrency exchanges, for whom the word ‘Regulations’ brings fear and chills to them. One such heavily targeted cryptocurrency exchange is Binance. After suffering many allegations put forth by
