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Exploring The Potential of Decentralized Finance (DeFi) With Cryptocurrencies
In recent years, the world of finance has witnessed a groundbreaking shift with the emergence of Decentralized Finance (DeFi). DeFi is a revolutionary concept that leverages blockchain technology and cryptocurrencies to transform traditional financial services into transparent, open, and decentralized systems ...
India Imposes Money Laundering Provisions On 'Cryptocurrencies'
The government has imposed money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets. In a gazette notification, the Finance Ministry said the anti-money laundering legislation has been applied to crypto trading, safekeeping and ...
Fed's Top Financial Regulator Urges 'Guardrails', For Crypto
The top US banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a leading crypto exchange. Michael Barr, the Fed's ...
Cryptocurrencies Slump Again Amid Fallout, From FTX Sale
Bitcoin slumped to a two-year low and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance. Bitcoin traded around $17,645, and overnight fell to its ...
RBI Wants Govt, To Prohibit Cryptocurrencies: Sitharaman
Finance Minister Nirmala Sitharaman on Monday said the RBI has expressed concerns over cryptocurrencies saying that they should be prohibited as they can have destabilising effect on the monetary and fiscal stability. "In view of the concerns expressed by the RBI ...
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