Indian Prime Minister Narendra Modi recently discussed the intricate dynamics of emerging digital technologies in an in-depth interview with Business Today. He highlighted the need for a global framework and regulations for blockchain and cryptocurrencies, which have transcended borders and grown in significance. Modi noted that a global consensus-based model is needed, especially one which […]
At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]
The state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country due to the struggle to generate enough power amid drought conditions. The extreme heat has caused hydropower plants to generate 95% of the country’s power, and the EDL aims to supply […]
Indian Prime Minister Narendra Modi has called for a global collaboration on formulating crypto regulations during the Group of 20 (G20) summit. India, which currently holds the G20 Presidency, has taken up the task of advocating for a comprehensive global framework for regulating cryptocurrencies. During an interview with a local daily, Modi talked about the […]
Spurdo, a recently launched memecoin, has experienced a remarkable price surge, reaching a market capitalization of approximately $2.9 million. Despite lacking substantial information, a roadmap, or a clear purpose, the project has managed to attract a sizable audience. This has led to speculation that a bull market might be on the horizon.The project has seen […]
Shares.Finance is a project that seeks to revolutionize the concept of ownership and value sharing. It combines blockchain technology with everyday functions to create unique “shares” that can be bought and sold by influencers and businesses, similar to traditional stocks. These shares can even bring rewards, like discounts. The project has recently gained traction, with […]
Oman is making a big push into the world of digital currencies, with two major investments in crypto-mining operations. The government of Muscat has approved a $370 million crypto-mining farm managed by Exahertz International, and a $300 million partnership between Oman’s first certified crypto-mining firm, Green Data City, and the Phoenix Group based in Abu […]
Austrian Chancellor Karl Nehammer has recently proposed enshrining the right to use cash in the country’s constitution, a move that has sparked a heated debate. Nehammer believes that cash holds a deep-rooted significance for the citizens of Austria, representing tangible value, privacy, and sovereignty. This proposal has been met with both support and criticism, with […]
Srettha Thavisin, the 61-year-old candidate of the Pheu Thai Party, was elected as the 30th Prime Minister of Thailand earlier this week. He received 482 votes out of a possible 747 and now needs the signature of King Maha Vajiralongkorn to officially step into office. Thavisin is a political newbie but not a crypto newbie, […]
The Internal Revenue Services (IRS) recently proposed new rules for brokers to follow when selling and trading digital assets, in an effort to catch crypto users avoiding taxes. This has been met with criticism from prominent crypto commentators, who believe that the stringent rules will push the crypto industry away from the United States.Messari CEO […]
