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CRYPTO REGULATORY SCRUTINY
Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
US Stock Market: Fed weighs new payment account framework amid crypto pushThe Federal Reserve proposed a new payment account category for fintech and crypto firms, offering limited access to central bank payment i...
Europe's markets watchdog warns cyber threats are growing as AI speeds up risksEurope's top securities watchdog highlights escalating cyber threats due to fast-advancing AI. Regulators are boosting defenses and experti...
After tariff wars, Trump is opening a new front in US-China rivalryThe US accuses China of stealing AI intellectual property, escalating the tech rivalry beyond tariffs. This move, potentially impacting chi...
What’s behind the bitcoin ATM crackdown? Rising crypto ATM fraud and growing risks are forcing strict 60-day shutdown orders across the U.S.What’s behind the bitcoin ATM crackdown? Rising bitcoin ATM and crypto ATM fraud risks are driving strict 60-day shutdown orders across the...
CoinDesk-Bullish IPO, Stablecoin-Circle successes pave way for crypto firms like Gemini, Grayscale to go publicAfter the collapse of crypto exchange FTX in 2022, many institutional investors retreated from the digital asset market. However, the surge...
Crypto firm Gemini confidentially files for US IPOSeveral high-profile companies, including those in high-risk sectors such as crypto and financial technology, have launched successful list...
US crypto industry lobby spending on track for new record in 2023Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period i...
Bitcoin hits more than 1-year high amid BlackRock ETF excitementBitcoin hit a one-year high, boosted by BlackRock's plans to set up a bitcoin exchange-traded fund (ETF), despite high US regulatory scruti...
Bitcoin hits more than 1-year high amid BlackRock ETF excitementBitcoin, the world's largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock's...
Banks warier of serving crypto clients after blowups, regulatory scrutinyCross River Bank, for example, received requests from more than 100 new clients not all of whom were crypto companies seeking a safe harbor...
PayPal pauses stablecoin work amid regulatory scrutiny of cryptoPayPal had hoped to debut the stablecoin, which will be backed one for one by the dollar, in the coming weeks, Bloomberg reported, citing a...
High taxes pushing investors out of crypto space? Well that's just tip of the icebergThe government implemented 30 per cent flat taxation in gains from the sale of crypto assets from April 1, 2022, and levied one per cent TD...
ETSA 2021: Investors remain bullish on India’s crypto, web3 startupsWith the liquidity coming in from crypto-native and traditional institutional investors, the nascent industry may continue its meteoric ris...
India's cryptocurrency sector likely to update code of conductAn industry body made up of crypto selling platforms may appoint tax experts from Big Four audit firms for guidance, add warning labels whi...
Crypto platforms lack clarity on tax provisions: IndustryAfter the Goods and Services Department, which slapped a ₹40 crore GST demand on crypto exchange WazirX last month, the Directorate General...
Explained: Why is Binance, the giant crypto exchange, under regulatory scrutiny?Britain's Financial Conduct Authority (FCA) said last week Binance's UK arm cannot conduct any regulated activity, without saying why it to...