The island has earned a reputation as a crypto center over the last few years. The firm gathered nearly $200 million from a diversified collection of investors. Binance.US, the world’s biggest cryptocurrency exchange, has secured a money transmitter license in Puerto Rico as it continues to grow worldwide and become
As a result of the COVID-19 epidemic, India’s digital adoption rate increased. Reserve Bank of India (RBI) is working on introducing India’s own digital currency. Historically, India has had a rocky relationship with digital assets, particularly cryptocurrencies. However, the Supreme Court overturned a prohibition on cryptocurrency transactions in March 2020,
O’Brien pointed out that political disinformation is a severe threat to democracy worldwide. The country’s relationship with cryptocurrencies has a checkered past. Russian cyber-interference in Ireland’s democracy will be countered by new regulations governing the integrity of political actors. As part of a legislative overhaul, foreign donations in crypto would
The virtual asset regulatory framework is expected to be finalized by Q3 of 2022. Oman’s capital markets administration is now engaging with specialists. According to a source citing an OCMA adviser, the authority plans to incorporate real estate tokenization in its virtual asset regulatory framework. According to the report, the
Bitcoin and the larger cryptocurrency market are again under negative pressure after a solid start to the week. More than $100 billion of investors’ worth has been wiped out by the crypto market’s 5% correction. As a result, Bitcoin is down 5.27 percent at press time and has fallen below
Stablecoins and CBDCs would be addressed in the law “to a smaller measure.” Bitcoin is down 0.67% in the last 24 hours. On the hourly chart of the BTC/USD pair, a big breakout pattern is also building with resistance at $47,700. The $48,000 level may serve as a significant obstacle
The 15th edition of Art Dubai will take place from March 11-13. Dubai even inaugurated the ultra-high-tech Museum of the Future last month. By establishing a regulating and licensing organization, Dubai’s ruler aims to become a worldwide player in digital assets. HH Sheikh Mohammed Tweeted in Arabic regarding the development
Virtual digital asset (VDA) enterprises must comply with 12 rules. The ASCI claims that aggressive advertising for these items has been going on. A disclaimer on the risks of investing in digital assets in India will be required beginning on April 1. New rules issued by the country’s advertising authority
China is one major country where the trend of cryptocurrencies evolved at a rapid pace and the adoption was huge. Besides, China has more crypto users when compared to all over the world. After the elimination of crypto trading and mining in China, the government has come up with new
The Dubai World Trade Centre (DWTC) was proclaimed a comprehensive zone. Binance signed an exclusive memorandum of understanding with the DWTC. Government crypto licenses for virtual asset service providers are likely to be issued in the United Arab Emirates by the end of the first quarter. Reports from Bloomberg indicate
