Bitcoin Law Delay India Cites Risks
India delays comprehensive cryptocurrency law, citing systemic risks and concerns about legitimizing digital assets, according to a government document reviewed by Reuters. #Update #Crypto
India delays comprehensive cryptocurrency law, citing systemic risks and concerns about legitimizing digital assets, according to a government document reviewed by Reuters. #Update #Crypto
The U.S. Department of Justice seized 145 domains and cryptocurrency funds from BidenCash, a dark web identity theft marketplace, impacting over 117,000 users. #Breaking #Legal (+9) ↗
Justice Minister Pavel Blažek resigned after his ministry accepted a bitcoin donation worth one billion crowns from an ex-convict, claiming ignorance of the donor’s past. #Breaking #Legal $BTC (-8) ↘
@XDCFoundation partners with @Bitso to streamline U.S.-Mexico remittances using blockchain, targeting $63B inbound and $70B outbound markets for secure, low-cost transactions. #Update #Crypto $XDC (+3) ↗
India plans to release a crypto regulation discussion paper in June, influenced by IMF and FSB guidelines, following global acceptance after U.S. President Trump endorsed digital currencies. #Update #Crypto (+6) ↗
India’s cryptocurrency industry intensifies lobbying for tax relief amid softened government attitudes linked to Donald Trump’s potential White House return, with increased policymaker engagements. #Update #Crypto (+3) ↗
@Ripple reaffirmed its global crypto ecosystem commitment at the Dubai Fintech Summit, with President Monica Long praising Dubai’s digital economy leadership alongside Sheikh Ahmed bin Saeed Al Maktoum. #Update #Crypto (+3) ↗
Matt Hougan of Bitwise Asset Management predicts @Coinbase will become a $1 trillion company after acquiring Deribit, highlighting strong strategic growth. #Update #Crypto (+6) ↗
@Ripple’s acquisition attempt of @Circle for $4-5B was rejected for undervaluation; Circle proceeds with IPO plans filed earlier this month. #Update #Crypto (+3) ↗
Chinese President Xi Jinping emphasized the importance of BRICS’ New Development Bank, led by @BRICS, as a symbol of Global South cooperation in talks with NDB President Dilma Rousseff. #Update #Finance (+3) ↗
China’s Ministry of Commerce warns global economy risks systemic damage if U.S. tariff policies escalate, criticizing coercive trade tactics isolating China. #Update #Trade (-5) ↘
@KrakenFX launches FX perpetual futures on Kraken Pro, offering 20x leverage for EUR/USD and GBP/USD pairs, pegged to Dxfeed’s Composite Forex Index. #Update #Forex (+3) ↗
Criminals in Pinellas County, Florida, exploit fake @McAfee pop-ups to hijack PCs and coerce victims into transferring funds via bitcoin ATMs or purchasing gold bars. #Breaking #Legal (+9) ↗
The newly established Pakistan Crypto Council aims to integrate blockchain technology into the country’s financial system, with Finance Minister Muhammad Aurangzeb emphasizing secure crypto ecosystem development. #Update #Crypto (+3) ↗