The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.” Lawmaker Provides an Update on Crypto Legislation Jayant Sinha, a lawmaker of the ruling Bharatiya…
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Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations. Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the…
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Ethereum’s recent gains saw it join Bitcoin on an exclusive list among the world’s biggest movers and shakers. A 13% rise in the price of ETH over the past 24 hours has propelled Ethereum onto a list of the top 100 traded assets by market cap for the first time, as measured by CompaniesMarketCap.com. Ethereum…
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DLA Piper’s new tokenization platform has already completed its first asset tokenization with a “piece of fine art.” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries…
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For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders. During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and…
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Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility. Bitcoin Strategist at Kraken Pierre Rochard believes Bitcoin to be the perfect hedge against uncertainty, despite its high volatility. In an interview with Cointelegraph, Rochard pointed out the dichotomy of uncertainty and risk. While the former…
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A survey found twice as many people use central bank digital currencies than decentralized cryptocurrencies. Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet…
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