Page 16 - Crypto Trading

Crypto can't be legal tender; blanket ban not easy: IMF-FSB paper

Central banks should avoid holding crypto assets in their official reserve as they pose a risk to monetary and global financial stability, according to the synthesis paper

Crypto millionaires migrating to protect interests, Singapore tops list

In terms of the tax-friendliness parameter, which assesses a country's approach to taxing cryptocurrency-related activities, Singapore and the UAE score a flawless 10 out of 10

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

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

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

Crypto exchange CoinSwitch lists holdings after its second POR report

This signifies that the company maintains a holdings ratio of 1:1 or more, meaning that it holds all user assets and fiat balances

Over half of Indian crypto investors in for long term: WazirX survey

In the age group of 18-30 years, 40% of respondents said they have invested more than Rs 40,000 in digital assets

Sam Altman's Worldcoin token soars on first day of trading: Report

Worldcoin, Altman's eyeball-scanning crypto project which officially launched on Monday, uses a small device called an "orb" to scan people's eyeballs in order to generate a a unique digital identity

CoinDCX collaborates with Jocata over anti-money laundering processes

The partnership with Jocata will enable CoinDCX to further augment its AML framework to navigate through the developing regulatory landscape

Crypto wrap: US Federal Court's ruling on Ripple leads to surge in market

Cryptocurrency news: Another reason for the surge was the lower-than-expected US inflation of 3% for June

CoinDCX appoints Rajnish Vedi as the new head of customer experience

Rajnish Vedi will work towards improving the net promoter score (NPS) and customer satisfaction score (CSAT) by building seamless customer journeys, and transparent customer communication

Crypto wrap: Market highly volatile amid mixed signals from macro data

In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of

Despite market volatility, 36% increase crypto allocations: Binance survey

A minority (17.3%) decreased their crypto allocation. Unsurprisingly, the main concerns of survey participants are regulatory risk (29.7%), counterparty risk (21.6%), custody of assets (15.7%)

CoinDCX partners with KoinX to allow crypto tax tracking on its platform

CoinDCX also said that it anticipates a 'significant' number of users benefiting from KoinX's tax assistance services

Crypto wrap: Bitcoin continues to stay over $30,000, Ethereum above $1,800

Among the most important developments in crypto markets was the King of England's assent to the UK's Financial Services and Markets Act

FTX starts talks to relaunch its international crypto exchange: Report

FTX has been holding talks with investors about backing a potential restart of the FTX.com exchange through structures such as a joint venture

Crypto exchange KuCoin to make KYC compulsory for all users from July 15

The users will also not be able to deposit more money for investment in their wallets but the withdrawals will remain unaffected

Have no associations with cryptocurrency of any form, says Ratan Tata

"If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens," he added