In an exciting development, Bitcoin has made a resurgence with its current price at $26,684. This flagship cryptocurrency currently accounts for over 50% of the total cryptocurrency market, boasting a market capitalization of approximately $520 billion. This significant milestone comes at a time when...
Japan is considering relaxing fundraising rules for startups using cryptocurrencies while also strengthening anti-money laundering measures. Read more in this article.
A Positive Step Towards Supporting Entrepreneurship in Japan
Japan is considering relaxing restrictions on how startups can raise funds, aiming to revamp the sector in...
Prior to Gary Gensler's hearing before the US Senate Banking Committee on September 11, 2023, the digital currency exchange platform Coinbase criticized the US Securities and Exchange Commission's (SEC) approach of relying solely on regulatory enforcement. On Tuesday, September 12, 2023, the Senate Committee...
A joint study conducted by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) highlights the impact of cryptocurrencies on monetary policy, emphasizing that a blanket ban on these currencies may not be the optimal solution.
Analysis:
Impact on Monetary Policy and Financial...
Under India's leadership of the Group of 20 (G20), active discussions are taking place regarding the establishment of a global framework for cryptocurrencies. India's Finance Minister, Nirmala Sitharaman, has emphasized the need for global cooperation in formulating regulations for cryptocurrencies.
The Call for Global Cooperation
On...
Reports indicate that the renowned company Tesla continues to hold approximately $184 million worth of Bitcoin in its digital wallet as of the second quarter of the year. Despite Bitcoin's price rising by about 7% during the same period, the value of the holdings...
