India to Release Cryptocurrency Policy Discussion Paper
Indian regulators plan to release a discussion paper on the country’s position on cryptocurrencies by the conclusion of 2024. Ajay Seth, the secretary of Economic Affairs, stated in a recent interview that the discussion paper will clarify the government’s position toward cryptocurrency. The document aims to gather feedback from important parties to develop cryptocurrency regulations […]
Marathon Digital Adds $100m in Bitcoin to Reserves
Marathon Digital, a business engaged in Bitcoin mining, has acquired $100 million worth of BTC as a component of its long-term investment strategy known as “HODL.” In a recent article, Marathon Digital, a prominent cryptocurrency mining company, announced that it had acquired $100 million worth of Bitcoin. As a result, the company now possesses more […]
Thailand Reveals Date for $14b Digital Currency Giveaway
Thailand has set a date for its long-postponed monetary assistance program to boost the economy and reduce family debt. According to Bloomberg, Thailand has officially announced the date to implement its digital currency giveaway. This initiative aims to stimulate economic activity and tackle the issue of excessive household debt in the country. Thailand’s finance minister, […]
Bitstamp Begins Mt. Gox Creditor Repayments
The news came three days after Mt. Gox Trustee completed the first test transactions on the Bitstamp exchange. Bitstamp started the repayment of Mt. Gox creditors, after receiving all of the funds owed to them from the trustee. On July 25, the cryptocurrency exchange received all Bitcoin, Bitcoin Cash, and Ethereum and began repaying creditors. According […]
RBI and SEBI to Release India Crypto Policy Paper in Q3
India’s financial regulators are working on cryptocurrency policy, with a discussion paper coming in Q3 2024, indicating a possible shift in India’s crypto approach. The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have joined an inter-ministerial committee that is responsible for the development of a comprehensive crypto policy. […]