India’s Conflicting Messages On Crypto Renews Fears Of A Ban
India’s Minister of Finance, Nirmala Sitharaman, gives a vague response when asked about crypto regulation. To make matters worse, she repeats previous comments made about windows of experimentation. After much back and forth on the matter, Indian investors are none the wiser regarding the future of cryptocurrency. Will They Or Won’t They? Indian authorities have […]
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Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether.
Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It
Indian crypto legislation is drawing near. The Indian government has listed a cryptocurrency bill to be taken up in Lok Sabha, the lower house of India’s parliament, for the winter session which starts on Monday, Nov. 29.
The bill....
Fears about the stock market and Tether's reserves have also led some to believe the Bitcoin price could be in trouble. Conflicting news about whether Chinese property giant Evergrande had defaulted on its overdue loan payments emerged just before Bitcoin’s recent price crash.Evergrande Group is China’s second-largest property developer and is in debt for roughly $300 billion. There are fears that its collapse could spark a wider financial crisis.Two minutes after Evergrande’s payment was due, the Deutsche Markt Screening Agentur (DMSA) issued an announcement on Nov. 10 at 4 p.m. UTC....
Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of. South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment of the upcoming crypto tax set to come into effect in 2022.Throughout 2021, debate has increased in intensity in the National Assembly, South Korea’s legislature, about whether, or how, to amend the crypto tax. If unchanged, the tax will levy a 20% tax on income....
The crypto portfolio tracker Blockfolio, owned by the exchange FTX, got its messaging system compromised, as racist notifications started to appear. Blockfolio’s users received the offensive messages with a warning that they’re about to lose all funds. Some Offensive Messages Included a URL Reportedly Linked to Pornography According to the crypto tracker and trading app, they’re almost entirely back with their notification system, and the company issued a public apology: We are incredibly sorry about the offensive messages posted today. No funds/etc were affected; this....
Messaging apps are ubiquitous – more than 3.6 billion people worldwide use them, with the average person sending up to 72 messages every 24 hours. Every day WhatsApp alone channels over 100 billion messages, while WeChat transmits 205 million video messages. With this popularity has come a darker side: that of hacked personal data, cyber […]