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Jeet Adhvaryu 6189 posts 0 comments

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Bitcoin News

Singapore Approves Two New Physical Bitcoin (BTC) Funds

Jeet Adhvaryu Nov 26, 2021 0
The Monetary Authority of Singapore (MAS) has approved the launch of two new institutional-grade Bitcoin funds managed by Fintonia. The Fintonia Bitcoin Physical Fund and the Fintonia…
Crypto News

Cryptocurrency offers no significant danger to the economy so far, according to a Bank of Canada…

Jeet Adhvaryu Nov 26, 2021 0
Canada was one of the first nations to establish a Bitcoin ETF and ranks fourth in terms of hash rate. According to Bank of Canada deputy governor Paul Beaudry, cryptocurrencies such as…
Crypto News

South Korea’s regulator recommends extra stringent regulations for token issuers

Jeet Adhvaryu Nov 26, 2021 0
The FSC seeks to build a framework that will allow for the recovery of fraudulently obtained money, the imposition of criminal penalties, and the protection of investors against future…
Crypto News

India May Prefer Strict Regulations Over Outright Cryptobanning said Zebpay’s CEO

Jeet Adhvaryu Nov 26, 2021 0
Avinash Shekhar thinks the Indian government would regulate cryptocurrencies but will not outright prohibit them. Avinash Shekhar, CEO of cryptocurrency exchange Zebpay, warned that…
Crypto News

The Australian Taxation Office asserts that it cannot depend on cryptocurrency users’ own…

Jeet Adhvaryu Nov 26, 2021 0
"Our primary worry is that many taxpayers think their cryptocurrency earnings are tax-free or are taxable only when the cryptocurrency assets are converted to Australian dollars," the ATO…
Crypto News

Users Will Be Able to Invest in Cryptocurrencies Through Mercadolibre’s Platform

Jeet Adhvaryu Nov 25, 2021 0
Mercadolibre, one of Latin America's largest online merchants, has begun testing cryptocurrency trading services with a small number of consumers and aims to extend the test in the coming…
Exchange News

Spanish regulator issues a warning on soccer player Iniesta’s Binance promotion

Jeet Adhvaryu Nov 25, 2021 0
On Instagram, a Binance marketing post by soccer great Andrés Iniesta has garnered almost 270,000 likes. A major Spanish financial authority has issued a warning to soccer star Andrés…
Crypto News

Australia’s Rest Superannuation Fund will invest in cryptocurrency for its 1.8 million members

Jeet Adhvaryu Nov 25, 2021 0
"It's still a highly volatile investment, so any allocation to cryptocurrency would very certainly be part of our diversified portfolio," Rest Super Chief Investment Officer Andrew Lill…
Bitcoin News

Morgan Stanley Funds Increase Their Holdings in GBTC by More Than 2.64 Million Shares in Q3

Jeet Adhvaryu Nov 25, 2021 0
Morgan Stanley adds to its holdings in the Grayscale Bitcoin Trust, which is now valued at more than $120 million, as the CEO has said that crypto and blockchain "are not going away." …
Crypto News

India’s Cryptocurrency Ban is Concerned with Payments, Not the Asset Class

Jeet Adhvaryu Nov 25, 2021 0
Analysis of India's new cryptocurrency law reveals that the government is not pursuing a blanket prohibition, but rather is establishing a regulated framework. Recent Indian legislative…
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