WazirX announces INR withdrawals will resume on Aug. 26

Shanghai's five-year plan calls for the use of metaverse in public services, business offices, entertainment and industrial manufacturing, among others. 278 Total views 4 Total shares Shanghai, China's most crowded city, is looking for ways to use metaverse in public services over the next five years.Shanghai Municipal Commission of Economy and Information Technology's five-year development…

Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was announced in an official blog post on March 30.Eighteen months after its first launch, Coindelta has told users that severe restrictions on banking services for crypto-related firms in India has caused…

Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. 253 Total views 12 Total shares In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May…

Dutch finance minister Wopke Hoekstra is confident that supervision is more effective than banning crypto outright. 5186 Total views 11 Total shares A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total ban on crypto.The Netherlands should regulate the cryptocurrency…

The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a…

The Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According to an announcement on Jan. 16, the Libra Association has voted to establish the five-member Technical Steering Committee which comprises leading experts from various firms in…

Prominent Brazlian bank, Banco Bradesco, has become the latest institution to join R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 14.Banco Bradesco is among Brazil’s leading banks, with total assets worth $338.2 billion and a market capitalization of $49.1 billion, the press release states.The Marco…

Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said.Fed echoes 2008 crisis movesIn a tweet on Sept. 18, Arthur Hayes, CEO of derivatives giant BitMEX, forecast that fresh quantitative easing (QE) would…