China plans to inject $142 billion into its top state-owned banks to boost lending capacity and stimulate its slowing economy. Learn how this move could impact global markets and cryptocurrencies.
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Blockchain And Crypto Policy And Regulation
The growing popularity of digital assets, commonly referred as cryptocurrency, has forced regulators across the globe to rethink their approach towards it. They are now looking to strike the right balance between investor protection and fostering technological innovation. However, the vast application and fundamental difference between crypto assets and traditional financial system makes it difficult for policymaker to bring in new laws. This is going to be daunting task for them.
Stay tuned for all the policy related developments.
The International Monetary Fund (IMF) has introduced the REDI Framework, a comprehensive strategy aimed at…
“Stakeholders should aim to position India as a global leader in blockchain technology and proliferate the developed solutions for Global adoption, leveraging it to drive economic growth, social development, and digital empowerment,” states MeitY Secretary, Shri S Krishnan.
“By introducing a comprehensive and robust framework for the regulation of digital assets, we are laying the groundwork for the development of a thriving and innovative financial services sector that can leverage the opportunities offered by new technologies and emerging market,” states QFCRA CEO, Michael Ryan.
Nigeria’s Securities and Exchange Commission (SEC) has granted “Approval-in-Principle” to two digital asset exchanges under…
Starting September 2024, Russia will use cryptocurrencies like Bitcoin for international trade, circumventing Western sanctions. This move could reshape global trade finance and highlight Russia’s shift toward digital currencies.
Key Takeaways India is inching towards a significant regulatory shift in the digital assets landscape…
Russia officially legalizes Bitcoin and cryptocurrency mining with a new law signed by President Putin, marking a strategic shift in digital asset management. Explore how this change could affect global cryptocurrency markets and Russia’s economic strategies amid Western sanctions.
Following the ruling, XRP’s price surged by over 20%, reflecting investor confidence and the broader industry’s view of the decision as a positive development for the crypto market.
Key Takeaways Russia is advancing legislation to integrate cryptocurrency more deeply into its economic framework,…