Amid reports crypto is set to once again be banned, local exchanges are anxiously awaiting for official word before planning their next course of action. cointelegraph.com/news/india-s-c…
Office of comptroller of currency has issued a letter allowing chartered banks to provide cryptocurrency custody services to their customers.
Source: Cointelegraph
#cryptocurrency#Bitcoin#blockchain
The government has been holding consultations with law ministry, ministry of information and technology and the RBI for a framework of a law that will formally end trading in cryptocurrency in India, the official said.
Source: Moneycontrol
"There was a view in the government that banning it through a law would be more binding. It will clearly define the illegality of the trade.We have forwarded a note to related ministries for interministerial discussions,"a govt official told Moneycontrol on condition of anonymity
The Indian Government is planning to bring in a new law to ban trade in cryptocurrencies.The Supreme Court in March 2020 overturned the RBI’s prohibition on banks and other financial institutions from providing services related to cryptocurrencies.
@NischalShetty@cryptokanoon
A tweet thread on STFs trading on the WazirX platform. Started as an initiative to help crypto-enthusiasts who cannot trade on their own have a taste of the market, let's see how these STFs are doing. Will have a brief look at them one by one. @WazirXIndia
I can not Believe I am Reading This about US Dollar in an Official Document Issued by National Banks Regulators themselves.
"Fiat Money Refers to Instrument that Do Not Have Intrinsic Value"
#bitcoin
When I was growing up, we had AOL and just surfing the Internet was a big deal. Some incredible companies came out of this generation. Today, kids are growing up with Bitcoin and DeFi. Just imagine what Generation Crypto is going to build from here. Bullish.
Total market cap for all ERC20 tokens running on Ethereum has topped $33 billion, according to a data compiled and shared by The Defiant’s own @CamiRusso. The source for the figures comes from EtherScan.
Source: decrypt.co#DeFi#ETH#ERC20#ETHereum
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