Page 22 - Cryptocurrency

Y-Combinator-backed Mudrex becomes FIU-registered crypto platform

Mudrex has become the third crypto platform to be registered with the FIU after WazirX and CoinDCX

Crypto wrap: Market flat as US Fed's comments keep investors cautious

US Federal Reserve's this week comments suggested that the interest rates may remain high for some time to come

India likely to keep door shut on crypto for two years, says WazirX

India has called for a globally coordinated approach to crypto rules with the help of institutions such as the International Monetary Fund

FTX managers sue Sam Bankman's parents to recover 'misappropriated funds'

FTX owed customers approximately $8.7 billion when it filed for bankruptcy and about $7 billion in liquid assets have been recovered so far

FTX 2.0: Bankman-Fried's former crypto exchange outlines plan for reboot

More than 75 bidders have been contacted by the FTX estate since May to gauge industry interest in backing a relaunch of the exchange, according to a presentation filed in a Delaware court

Coinbase to halt exchange services in India amid regulatory challenges

Global cryptocurrency exchange Coinbase advises Indian users to withdraw funds by September 25

Crypto wrap: Anticipation of G20 Summit outcome keeps bulls, bears fighting

The G20 Summit, to be held in New Delhi, is expected to provide some clarity on the global regulations on cryptocurrencies

Regulations of global cryptocurrency assets to be focus of G20 summit

Under the leadership of India's presidency, the G20 countries are poised to introduce what could be recognised as the first-of-their-kind regulations governing cryptocurrencies

IMF, FSB to lay down crypto regulation framework for G20 discussion

On international taxation, the sources state that India under the G20 Presidency has recommended
a pillar taxation system on
international taxation

Discussions on global framework to regulate crypto underway: FM Sitharaman

Sitharaman added that cryptocurrencies can not be regulated efficiently without the cooperation of all countries

US court ruling on Grayscale ETF pushes crypto market up, Bitcoin jumps 5%

Grayscale had appealed against the US SEC's decision to reject its proposal for converting its Bitcoin Trust into a spot ETF

Crypto exchange BitOasis raises funds from investors including CoinDCX

BitOasis earlier this year said it received the first of Dubai's "minimum viable product operational licenses," allowing it to offer broker-dealer services for digital assets to qualified investors

Mastercard, Binance to end crypto card partnership from September 22

The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange

Cryptocurrency exchange CoinDCX cuts staff by 12% as revenues hit by slump

Last year CoinDCX raised $135 million at a valuation of $2.2 bn from venture capital funds led by Pantera Capital and Steadview Capital Management LLC

Crypto wrap: Global macro uncertainties pull market deep in the red

The uncertainty around Chinese economy, where real estate crisis has touched a new high after Evergrande filed for bankruptcy protection in New York, has also contributed to sell-off in the markets

Bitcoin's extreme volatility vanishes amid 'extreme apathy and exhaustion'

It's an unusual stretch of calm for the token, which has over the years garnered attention for its wild price swings

Coinbase gets approval to offer crypto futures to eligible US customers

The company previously announced that it planned to launch bitcoin and ether futures trading for institutional investors on its Coinbase Derivatives Exchange in June

Crypto wrap: Market flat amid anticipation of another 25 bps hike by US Fed

Market data also showed that the volatility in Bitcoin has been low in the last seven days

Crypto wrap: Market trading sideways as altcoins under selling pressure

On a positive note, the chances of a spot Bitcoin ETF being launched in the US this year have improved significantly, from 50% to 65% as per Bloomberg Intelligence

Crypto wrap: Market trading sideways on Fed rate hike, Twitter rebranding

Earlier this week, US Fed hiked its benchmark interest rate by 25 basis points, taking it to the highest in 22 years