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Dubey highlighted concerns about cryptocurrency, pointing out that Reserve Bank of India (RBI) Governor Shaktikanta Das has consistently stated that cryptocurrencies are not legal tender. Despite this stance, the Supreme Court ruled against restrictions on cryptocurrency exchanges, allowing them to continue operations.
The study paints a fascinating picture of how crypto adoption is unfolding globally. While countries like the United States boast an extensive network of 29,834 Bitcoin ATMs, it’s the UAE’s high crypto ownership rate of 25.3% and an adoption rate of 210% that have propelled it to the top spot.
The PoC will assess the feasibility and benefits of using stablecoins for international trade, addressing key regulatory and compliance challenges along the way.
The idea of integrating crypto mining into Pakistan’s energy framework has gained traction following a recent meeting between Power Minister Awais Leghari and Bilal Bin Saqib, CEO of the newly formed Pakistan Crypto Council (PCC).
With the latest authorization, HashKey Capital can market and distribute investment funds and structured products, including those tied to virtual assets.
The integration comes at a time when Bitcoin’s role in decentralized finance (DeFi) is gaining traction. Despite being the foundation of the crypto industry, Bitcoin’s DeFi ecosystem remains in its early stages.
While the agency is stepping back from its appeal, Ripple has not yet agreed to withdraw its own challenge. The company continues to contest the $125 million fine imposed by the court and the ongoing injunction that restricts it from selling XRP to institutional investors without registering those transactions as securities.
The broader vision behind Converge stems from concerns over DeFi’s stagnation since its peak in 2021. Domingo believes the lack of institutional adoption has hindered further growth, potentially limiting the next market cycle’s full potential.
The move comes as Strategy continues to aggressively accumulate Bitcoin. On Monday, the firm disclosed the purchase of approximately $10.7 million worth of Bitcoin, bringing its total holdings to an estimated $41.4 billion.
She acknowledged that the last few years have been tumultuous for the industry, with enforcement actions often taking precedence over clear regulatory frameworks. Now, she hopes to provide more definitive guidance and work toward distinguishing which aspects of crypto regulation fall under the SEC’s jurisdiction.
As per reports, a French court granted Durov permission to leave the country on March 13, allowing him to travel to Dubai. The specifics of the court’s decision remain undisclosed, but the move has drawn attention given Dubai’s business-friendly environment and its lack of extradition agreements with several nations.
Since establishing its Middle East headquarters in DIFC in 2020, Ripple has been expanding its footprint in the region. Currently, around 20% of its global customer base operates in the Middle East, a region noted for its high institutional readiness for crypto adoption.
With this deal, MoonPay’s financial services will extend to enterprise-grade stablecoin offerings, enabling businesses to accept cross-border stablecoin payments and hold multi-currency treasuries or yield-bearing assets, such as U.S. Treasury bills.
Turkey’s regulatory push comes as global authorities intensify efforts to establish comprehensive crypto frameworks. Governments worldwide are working to strike a balance between fostering innovation and mitigating risks associated with digital assets.
Speculation regarding PI’s listing on Binance has been a significant driver of investor enthusiasm. A Binance listing is often seen as a major milestone for any cryptocurrency, as it enhances liquidity and exposure to a broader investor base.
Quranium and Matter-ID are exploring how decentralized authentication and cryptographically secure identity verification can enhance blockchain security while preserving user privacy.
According to police sources, the fraudsters used online payment platforms such as PhonePe and Paytm to collect funds. The money was then converted into USDT (US Dollar Tokens) via Chinese crypto exchanges, including Binance, before being transferred to undisclosed international accounts.
WARP Chain is specifically tailored to address game developers' challenges when incorporating blockchain elements into their projects. The platform offers a suite of tools, including Web3 software development kits (SDKs), AI-driven tokenomics, and publishing support to streamline blockchain adoption.
The announcement triggered a significant rally in the crypto market. XRP spiked 32% to approximately $2.80, while ADA and SOL rose over 20%, crossing the $1 and $160 marks, respectively. BTC saw a 6% increase, trading above $91,000, and ETH climbed nearly 10% to $2,400.
The White House will host its first-ever Crypto Summit on Friday, March 7, an event expected to shape the future…
Cryptocurrency trading is surging in India, with increasing participation from smaller cities, despite regulatory uncertainties and steep taxes. Many young…
Andriunin was among 15 individuals and three companies charged in October as part of "Operation Token Mirrors," an investigation led by the Federal Bureau of Investigation (FBI) aimed at exposing fraudulent activities in the cryptocurrency market.
Among the affected ETFs, Fidelity’s FBTC recorded the largest outflow, with investors withdrawing $344 million. BlackRock’s IBIT followed with $164 million in outflows, while Grayscale’s GBTC saw a net outflow of $66 million.
Pundi AI has officially rebranded its token, marking a significant shift in its blockchain ecosystem. As of February 25, 2025,…
