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Weekly News

Read more about the article Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022

Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

Fresh comments from officials show the need to tame inflation, while bonds see their biggest comedown from all-time highs since 2008. Bitcoin (BTC) continued to fight for $43,000 support at…

Continue ReadingBitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022
Read more about the article Malaysian deputy finance minister responds to proposal to legalize Bitcoin

Malaysian deputy finance minister responds to proposal to legalize Bitcoin

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments. An official at the Ministry of Finance of Malaysia…

Continue ReadingMalaysian deputy finance minister responds to proposal to legalize Bitcoin
Read more about the article IOSCO says DeFi is quickly evolving and ‘cloning financial markets’

IOSCO says DeFi is quickly evolving and ‘cloning financial markets’

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research…

Continue ReadingIOSCO says DeFi is quickly evolving and ‘cloning financial markets’
Read more about the article Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge

Interlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

Interlay was the recipient of a Web3 Foundation grant in March 2020 to develop the parachain technology implemented. Interlay, a newly appointed Polkadot (DOT) parachain network, is nearing the completion…

Continue ReadingInterlay aims to advance Bitcoin’s DeFi potential with new interoperable bridge
Read more about the article Tax man: India’s new tax policies could prove fatal for crypto industry

Tax man: India’s new tax policies could prove fatal for crypto industry

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry. Indian crypto tax policy has…

Continue ReadingTax man: India’s new tax policies could prove fatal for crypto industry
Read more about the article Green ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance

Green ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

European policymakers have backed away from passing rules which would have unfairly targeted Bitcoin for environmental reasons. Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when…

Continue ReadingGreen ‘light:’ The EU’s approach to crypto balances eco-values with regulatory relevance
Read more about the article Digital currencies could get a boost from the international crisis: BlackRock CEO

Digital currencies could get a boost from the international crisis: BlackRock CEO

  • Post author:admin
  • Post published:March 25, 2022
  • Post category:Weekly overview

BlackRock CEO believes the current crisis, added with growing inflation would lead to the formation of a global digital payment network. Larry Fink, the CEO of the world’s largest asset…

Continue ReadingDigital currencies could get a boost from the international crisis: BlackRock CEO
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