Tumbling Bitcoin Overshadows El Salvador’s Crypto Conference

SAN SALVADOR (Reuters) – El Salvador’s long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world’s first to adopt the cryptocurrency as legal trend, has lost its luster this time amid a deep route in the digital currency universe. The absence of big names from the bitcoin world … Read more

India’s Top Crypto App CoinSwitch Calls for Regulatory ‘Peace, Certainty’ | Investing News

DAVOS, Switzerland (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted … Read more

FTX Chief Welcomes More Regulation as CFTC Weighs Its Crypto Derivatives Proposal | Investing News

By Lisa Pauline Mattackal (Reuters) – Crypto exchange FTX’s move to seek regulatory approval for direct trading in cryptocurrency derivatives will leave the door open for more oversight of the business in the United States, the company’s chief executive officer said. The US Commodity Futures Trading Commission (CFTC) is currently considering an application from FTX … Read more

Crypto Exchange Coinbase Launches NFT Marketplace for Some U.S. Users | Investing News

LONDON (Reuters) – Major US crypto exchange Coinbase Global Inc launched its NFT marketplace on Wednesday, in a sign of confidence in the niche digital asset even as the market shows signs of cooling. The platform, first announced in October, will initially be available for a “small number” of people in the United States, a … Read more