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

Get Your Crypto House in Order, Old Guard Tells Davos Debutantes | Technology News

By Jessica DiNapoli and Divya Chowdhury DAVOS, Switzerland (Reuters) – Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World Economic Forum’s old guard. “The future of crypto, I’m sorry to say, looks regulated to … 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

Russian Finance Minister Hopes Government Will Help Regulate Crypto Market | Technology News

MOSCOW (Reuters) – The Russian finance ministry does not want to ban circulation of cryptocurrencies as advocated by the central bank and hopes the government will help solve the crypto market regulation dilemma, Finance Minister Anton Siluanov said on Wednesday. The Bank of Russia has proposed restricting cryptocurrency trading and mining due to concerns it … Read more

French Parliament Approves Latest COVID Vaccine Measures | World News

PARIS (Reuters) – The French parliament on Thursday approved the latest government measures to combat the COVID-19 virus, including a COVID vaccine pass, which offers a respite to President Emmanuel Macron after criticism of Macron’s attack on non vaccinated. The legislation to pass the COVID vaccine was approved by 214 parliamentarians, compared to 93 who … Read more

The Year of the Doge? 2021, Crypto’s Wildest Year Yet | Investing News

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) – Bitcoin near $ 70,000, billions of dollars worth of “memecoins”, a Wall Street listing and a widespread crackdown in China: 2021 was the wildest yet for cryptocurrencies, even volatile ones industry standards. Digital assets started the year with a stampede of cash from investors large and … Read more

Latest Migrant Shipwreck off Greece Leaves at Least Four Dead | World News

ATHENS (Reuters) – At least four migrants have died after their ship wrecked on an islet north of Antikythera island on Thursday, the Greek coast guard said, adding that rescue teams had organized an operation to rescue 90 others. persons. Greece is one of the main routes to the European Union for refugees and migrants … Read more

Asian VCs, Crypto Funds to Invest $100 Million to Bolster New Assembly Blockchain | Technology News

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Some of Asia’s largest venture capital firms and crypto hedge funds will invest $ 100 million to develop even more applications on a new blockchain called Assembly under the IOTA network, said co-founder Dominik Schiener to Reuters in an interview. IOTA is a blockchain-like distributed ledger network. The … Read more