El Salvador’s Congress has approved amendments to the nation’s Bitcoin laws in a bid to align with an agreement reached with the International Monetary Fund (IMF). The legislative changes aim to address concerns about financial transparency and mitigate risks associated with crypto exposure, particularly for state-owned institutions. Balancing Bitcoin Adoption and Financial Stability Since making history as the first country …
Read More »Business Sandesh
Worldcoin Defies Brazil Ban, Dodges Legal Setback
Worldcoin, the controversial crypto and digital identity project, is reportedly continuing its operations in Brazil despite a government-imposed ban. Authorities had previously halted Worldcoin’s activities due to concerns over data privacy and regulatory compliance. However, the company appears to be navigating legal loopholes to persist in its expansion efforts. Habeas Corpus Ruling in Favor of Worldcoin Amid legal challenges, Worldcoin …
Read More »Crypto Buzz: Daily Digest of Market Moves & News
The crypto market has experienced significant movement in the past 24 hours, with Bitcoin and Ethereum showing volatility amid macroeconomic factors. Bitcoin (BTC) is currently trading at [$XX,XXX], up/down [X%], while Ethereum (ETH) stands at [$X,XXX], reflecting a [X%] change. Altcoins like Solana (SOL), Binance Coin (BNB), and Cardano (ADA) have also shown mixed trends, driven by market sentiment and …
Read More »Bitwise Makes Move: Files for Spot Dogecoin ETF with U.S. SEC
In a bold move that has captured the attention of both cryptocurrency enthusiasts and traditional investors, Bitwise Asset Management has officially filed with the U.S. Securities and Exchange Commission (SEC) for approval to launch a Spot Dogecoin ETF. If approved, this could mark a significant milestone for the cryptocurrency industry, offering investors an easy and regulated way to gain exposure …
Read More »Elizabeth Warren Challenges Trump’s Commerce Secretary Pick Over Tether Connections
Senator Elizabeth Warren has raised serious concerns over Donald Trump’s nominee for Commerce Secretary, questioning the candidate’s ties to the controversial cryptocurrency platform Tether. Warren, a staunch advocate for financial regulation and consumer protection, has long been critical of the unregulated nature of certain cryptocurrencies, and her latest challenge adds a new layer of scrutiny to the nomination process. Tether’s …
Read More »Sony Kicks Off 4-Week Push to Onboard New Users to Soneium Blockchain
Sony has launched an ambitious four-week campaign aimed at bringing new users to its innovative Soneium Blockchain platform. The initiative marks a significant step in Sony’s strategy to expand its footprint in the blockchain and Web3 space, offering users a range of exciting features and opportunities to engage with decentralized technology. What is Soneium Blockchain? Launched by Sony as part …
Read More »Cboe Revives Solana ETF Push: Exchange Resubmits Filings for U.S. Approval
In a renewed bid to bring Solana-based exchange-traded funds (ETFs) to the U.S. market, the Cboe BZX Exchange has resubmitted filings for four asset managers seeking regulatory approval. This move signals growing institutional interest in Solana (SOL) as a major crypto asset, alongside the increasing demand for diversified crypto investment vehicles. The Race for a Solana ETF While Bitcoin ETFs …
Read More »Digital Ruble Takes Flight: Moscow Tests CBDC for Budget Payments
Russia has taken a significant step in its digital finance transformation as Moscow begins piloting the use of the digital ruble (CBDC) for budgetary payments. This marks a pivotal moment in the country’s push for a central bank digital currency (CBDC), as authorities seek to modernize financial transactions, increase efficiency, and reduce reliance on traditional banking systems. The Digital Ruble: …
Read More »South Korea Cracks Down: Prosecutors Launch Dedicated Crypto Crime Unit
In a major step toward strengthening oversight of the cryptocurrency industry, South Korean prosecutors are set to formalize a specialized crypto crime unit aimed at tackling fraud, market manipulation, and illicit activities in the digital asset space. The move reflects the country’s growing commitment to regulating the crypto sector amid rising concerns over financial crimes tied to digital currencies. Why …
Read More »Coinbase Expands: Crypto Giant Secures Green Light in Argentina
Coinbase, one of the world’s leading cryptocurrency exchanges, has officially secured regulatory approval to launch its operations in Argentina. This strategic expansion marks a significant milestone for the company as it seeks to strengthen its presence in Latin America’s growing crypto economy. Argentina: A Crypto Hotspot Argentina has emerged as a key market for digital assets, fueled by high inflation …
Read More »