Category: Crypto

India is weighing the risks of cryptocurrencies like Bitcoin and stablecoins while exploring the benefits of a Central Bank Digital Currency (CBDC). As regulators evaluate these technologies, a crypto ban is on the table. The RBI is also working to boost digital rupee adoption through UPI integration.
The post India Mulls Crypto Ban, Considers CBDC Adoption appeared first on Cryptonews. …

Michael Saylor reveals his intention to donate his Bitcoin wealth to humanity, describing Bitcoin as “clean, silent, programmable, immortal money” during a recent podcast interview. He compares Bitcoin to foundational innovations like steel, explaining its potential to reshape future economies.
The post Michael Saylor Pledges to Donate Bitcoin Wealth to Humanity appeared first on Cryptonews. …

Komainu, a cryptocurrency custodian backed by Nomura Holdings, is set to make its first acquisition with the purchase of Singapore-based Propine Holdings Pte Ltd.
The post Nomura-Backed Komainu Set to Acquire Propine Holdings Pending MAS Approval appeared first on Cryptonews. …

The ASIC brought fraud charges against Colthup, linked to a $1.46 million transaction in July 2022.

The post ASIC Charges Ex-CEO of Crypto Platform Mine Digital With $1.4M Transaction Fraud appeared first on Cryptonews. …

A study found that people with gambling tendencies or driven by FOMO are more likely to face financial and emotional harm in the crypto market.
The post Gambling Addiction and FOMO-Driven Investors More Likely to Suffer in Crypto Markets: Study appeared first on Cryptonews. …

The Minneapolis Fed head said that people buy and sell crypto, but “they are not paying for goods and services.”
The post “Very Few Transactions Happen on Crypto, Unless it’s Drugs:” Minneapolis Fed President appeared first on Cryptonews. …

Spot Bitcoin exchange-traded funds (ETFs) attracted significant inflows on Monday, totaling $294.29 million despite a dip in Bitcoin’s price.
The post Spot Bitcoin ETFs See $294M in Inflows Despite BTC Price Dip appeared first on Cryptonews. …

Over the past 24 hours, the Bitcoin price has experienced a 2.05% dip after nearing the $70,000 mark. While some attribute the dip to a healthy correction, there are grounds for caution.
The post Bitcoin Price Crashes After Nearing $70K – Are Traders About to Lose Big?  appeared first on Cryptonews. …

The self-styled Russian “crypto queen” Valeria Fedyakina, aka “Bitmama,” will face multiple counts of “large-scale” fraud.
The post Russian ‘Crypto Queen’ to Face $23m Fraud Wrap appeared first on Cryptonews. …

Ripple’s Chris Larsen has donated $10m in XRP to support VP Kamala Harris, making him one of the top crypto industry donors this election cycle.
The post Ripple Co-Founder Fuels Kamala Harris’ Election Fund with $11M Donation appeared first on Cryptonews. …