Can cryptocurrencies and CBDCs coexist in this era-defining economic landscape?

Today is a good day. You will have to do some minor tasks at home and pay some bills online. Sounds simple, doesn’t it? Well, not at all. As much as we love digital payments including NEFT, UPI transactions, and more, the concept naturally rests on the existing banking hierarchy. While in most cases, the … Read more

Crypto world claims digital currency is panacea but truth is somewhere in between: CEA KV Subramaniam

New Delhi: There is a need to differentiate crypto as an asset and crypto as a currency, says Chief Economic Advisor (CEA) KV Subramaniam. Throughout time, only currencies issued by sovereigns have gained legitimacy. He said in an interview to ET Now that what gives the currency a credibility is that it is backed by … Read more

Web 3.0 and Crypto Adoption: Why Is It More Important Than You Think?

Back to crypto, we are not! Amidst the fiery global polarities and regulatory concerns, most of us are distracted by the matter. The case focuses on the primary concept of hypothetical ‘crypto’ technology. While most of the global population is busy considering new ways of investing, crypto and blockchain should first be considered as the … Read more

Amidst Crypto’s Wild West, Binance Says It Needs a Sheriff

NEW YORK: The cryptocurrency market has been compared to the Wild West by critics, and now a major player is asking sheriffs to come to town. Binance, the world’s largest exchange for trading bitcoin and other cryptocurrencies, says it is time for global regulators to set rules for crypto markets. It released a list of … Read more

Binance CEO on Bubbles, Meme Coin and Crypto Swings

NEW YORK: The CEO of the world’s largest cryptocurrency exchange, Binance, does not attempt to explain why some cryptocurrencies that started out purely as a joke have seen their price rise so much. He also doesn’t want to say whether the enthusiasm for meme coins like Dogecoin is a sign of a dangerous bubble. But … Read more

Number of crypto market participants highly exaggerated: RBI Governor

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Wednesday highlighted his concerns over the proliferation of virtual currencies, saying the number of Indians trading in cryptocurrencies looks to be highly exaggerated. Das said that more than 70 percent of the investors did not invest more than Rs 3000. Cryptocurrency exchanges recently claimed through advertisements … Read more

Squid Coin and Meme Token Show How Crypto’s ‘Wild West’ Is Getting Risky

LONDON: From a dodgy digital currency inspired by the Netflix hit “Squid Game” to highly volatile doggy-themed coins, the cryptocurrency sector has become riskier than ever as it soars in value. The combined value of all cryptocurrencies topped $3 trillion for the first time on Monday, as more mainstream investors flocked to the space. While … Read more

Iloilo: the first city in Asia to sell 3 properties for cryptocurrency

Manila, a city in Iloilo City, Philippines, is the first city in Asia Pacific to sell 3 luxury residential properties in exchange for cryptocurrency in 2019. Specifically, houses were sold for bitcoin and litecoin. Located in the Pana region of the Philippines, Iloilo has a population of just over 2 million. World-renowned for its Spanish … Read more