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Indian Crypto Regulation Is Planned for February: Report

Indian Crypto Regulation Is Planned for February: Report

The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. Indian Crypto Law Could Comes as Early as February The Indian government …

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ECB Appoints 30 Members for the Digital Euro Market Advisory Group

ECB Appoints 30 Members for the Digital Euro Market Advisory Group

The European Central Bank (ECB) has announced the new members of the Market Advisory Group for the forthcoming digital euro project. According to the press release, the ECB has appointed 30 senior professionals with experience in the retail payments market across the region. The group will be named ‘The Eurosystem’s High-Level Task Force on Central …

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The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Won’t Ever Come Back

The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Won’t Ever Come Back

On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the protocol. The creator of Bitcoin has always been the community’s most famous and mysterious character. Roughly ten years ago, Satoshi logged off, never to return and it’s very likely the inventor won’t ever …

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DeNet Raises $1 Million after Closing Pre-seed Funding Round

DeNet Raises $1 Million after Closing Pre-seed Funding Round

DeNet, a decentralized multichain storage platform, announced today that it had closed a pre-seed round, raising $1 million. According to a press release shared with Finance Magnates, DeNet is building an ecosystem based on decentralized data storage, targeting users seeking high data security services and NFTs storage. The main participants of the round were Spartan …

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Stellar’s network to facilitate remittances between Europe and Africa

Stellar’s network to facilitate remittances between Europe and Africa

Stellar, the blockchain network dedicated to facilitating cheap cross-border financial transactions, is set to enable two more remittance channels between Europe and Africa. According to an announcement released October 25, the Stellar Development Foundation (SDF) has partnered with payments firm Flutterwave to allow for USD Coin (USDC) powered remittances in the expanding Europe-Africa corridor. The …

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Tesla Informs SEC It May Restart Transacting in Cryptocurrencies

Tesla Informs SEC It May Restart Transacting in Cryptocurrencies

Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a …

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NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball

NFL quarterback Tom Brady gives fan 1 BTC for his historic 600th-touchdown-pass ball

Tampa Bay Buccaneers quarterback Tom Brady nearly lost ownership of the ball behind his 600th touchdown pass, but now he’s paying for it… in Bitcoin. In an Oct. 24 game between the Buccaneers and Chicago Bears, Brady threw his 600th career touchdown pass to fellow teammate Mike Evans — he is the only player in …

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CoinList Raises $100 Million in Funding Round, Hits $1.5 Billion Valuation

CoinList Raises $100 Million in Funding Round, Hits $1.5 Billion Valuation

Digital token offering platform CoinList has announced on Tuesday that it raised $100 million in Series A funding, setting its valuation to $1.5 billion. According to a blog post on its official website, the funding comes in the midst of the growing demand witnessed over the last 12 months as the token issuance market’s figures …

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Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack

Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack

Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private, non-custodial manner. These days the …

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