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Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
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Steak ‘n Shake Expands to El Salvador as Bitcoin Strategy Gains Momentum
Steak ‘n Shake is preparing to enter El Salvador after reporting improved sales tied to its adoption of Bitcoin payments in the US. The company’s visit to the country, which recognises Bitcoin as legal tender, aligns with its long-term goal of enabling cryptocurrency use across global outlets. The move follows an online controversy over an Ethe...
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Scammers Exploit Australia’s Cybercrime Portal to Impersonate Police and Steal Crypto, AFP Warns
Australian authorities have warned of a new cryptocurrency scam in which criminals file fake reports through the government’s ReportCyber portal and then impersonate police officers to deceive victims. Using real case reference numbers, scammers pressure individuals into moving their crypto assets to fraudulent accounts. The AFP and Australia’s...
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Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
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Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
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WazirX Reopens Trading Over a Year After Hack, Crypto Exchange to Restart in Phased Manner
WazirX has resumed trading after over a year, starting a phased rollout from October 24 with zero trading fees for 30 days. Industry leaders called the move a defining moment for India’s crypto sector, noting it could help restore investor trust. Some users have reported withdrawal delays, though WazirX previously outlined a 10-day timeline for c...
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Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
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Cryptology Key CEO Found Dead in Lamborghini in Ukraine Amidst Cryptocurrency Market Crash
Ukrainian crypto investor and blogger Konstantin Galish, known as Kostya Kudo, was found dead in his Lamborghini in Kyiv. Authorities confirmed a gunshot wound and a weapon registered in his name, with police initiating a pre-trial investigation. The 32-year-old was a prominent figure in crypto education and trading, managing millions in investor f...
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Chainalysis Flags $75 Billion in Crypto Linked to Illicit Activity; Highlights Asset Recovery Potential
Chainalysis reports that more than $75 billion (Rs. 6,65,000 crore) in cryptocurrency is linked to criminal activity, with $15 billion (roughly Rs. 1,33,000 crore) held directly by illicit actors and $60 billion (roughly Rs. 5,32,000 crore) in downstream wallets. Bitcoin dominates these holdings, while stablecoins and Ether are rising. The data hig...
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
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UAE to Begin Sharing Crypto Tax Data Under Crypto Asset Reporting Framework in 2028
The UAE has signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF), joining global efforts to automatically exchange cryptocurrency tax information. The framework will be implemented in 2027, with the first data sharing expected in 2028. Public consultation, running from September 15 to Novemb...
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Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
Coinbase has urged the US Department of Justice to address fragmented state-level crypto regulations, even as the Securities and Exchange Commission reportedly prepares to drop its high-profile lawsuit against the exchange. While federal lawmakers push for stablecoin and market-structure bills, state attorneys general in New York and Oregon continu...
-
Union Minister Jayant Chaudhary, Wife Disclose Over Rs. 43 Lakh in Crypto Assets
Union Minister Jayant Chaudhary and his wife Charu Singh have declared cryptocurrency holdings worth Rs. 43 lakh in their latest asset disclosure. This is the second year in a row they reported such investments, marking one of the rare instances of Indian ministers openly holding digital assets.
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Bitcoin Crosses $114,000 as US PPI Report Lifts Rate Cut Hopes
Bitcoin held steady at $114,000 (roughly Rs. 1 crore) on Thursday as softer US producer price data at 2.6 percent boosted hopes of a Fed rate cut next week. Analysts highlighted that consistent inflows into spot Bitcoin ETFs, nearly $1 billion so far this week, also supported sentiment. Ethereum surged to $4,400 (roughly Rs. 3.8 lakh), while major ...
-
Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
-
Steak ‘n Shake Expands to El Salvador as Bitcoin Strategy Gains Momentum
Steak ‘n Shake is preparing to enter El Salvador after reporting improved sales tied to its adoption of Bitcoin payments in the US. The company’s visit to the country, which recognises Bitcoin as legal tender, aligns with its long-term goal of enabling cryptocurrency use across global outlets. The move follows an online controversy over an Ethe...
-
Scammers Exploit Australia’s Cybercrime Portal to Impersonate Police and Steal Crypto, AFP Warns
Australian authorities have warned of a new cryptocurrency scam in which criminals file fake reports through the government’s ReportCyber portal and then impersonate police officers to deceive victims. Using real case reference numbers, scammers pressure individuals into moving their crypto assets to fraudulent accounts. The AFP and Australia’s...
-
Bank of England Plans to Match US Pace on Stablecoin Regulation: Report
The Bank of England has pledged to introduce its stablecoin regulatory framework at the same pace as the United States. Deputy Governor Sarah Breeden said the plan aims to balance innovation and consumer protection. At the same time, the Financial Conduct Authority has ended its four-year ban on crypto ETNs, marking another major step in the UK’s...
-
Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
-
WazirX Reopens Trading Over a Year After Hack, Crypto Exchange to Restart in Phased Manner
WazirX has resumed trading after over a year, starting a phased rollout from October 24 with zero trading fees for 30 days. Industry leaders called the move a defining moment for India’s crypto sector, noting it could help restore investor trust. Some users have reported withdrawal delays, though WazirX previously outlined a 10-day timeline for c...
-
Bitcoin Climbs Above $111,000 as Market Sentiment Improves Ahead of Key US CPI Report
Bitcoin rose above $111,000 (roughly Rs. 97.4 lakh) on Friday, supported by stronger investor sentiment ahead of key US CPI data. Ethereum and major altcoins like Solana, BNB, and XRP also traded higher. Market analysts noted improving macro conditions and renewed optimism after reports of an upcoming US-China presidential meeting. Traders continue...
-
Cryptology Key CEO Found Dead in Lamborghini in Ukraine Amidst Cryptocurrency Market Crash
Ukrainian crypto investor and blogger Konstantin Galish, known as Kostya Kudo, was found dead in his Lamborghini in Kyiv. Authorities confirmed a gunshot wound and a weapon registered in his name, with police initiating a pre-trial investigation. The 32-year-old was a prominent figure in crypto education and trading, managing millions in investor f...
-
Chainalysis Flags $75 Billion in Crypto Linked to Illicit Activity; Highlights Asset Recovery Potential
Chainalysis reports that more than $75 billion (Rs. 6,65,000 crore) in cryptocurrency is linked to criminal activity, with $15 billion (roughly Rs. 1,33,000 crore) held directly by illicit actors and $60 billion (roughly Rs. 5,32,000 crore) in downstream wallets. Bitcoin dominates these holdings, while stablecoins and Ether are rising. The data hig...
-
RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Turkey Said to Consider Granting Authorities Power to Freeze Crypto Accounts Under New AML Rules
Turkey is drafting anti-money laundering regulations to give the country’s financial crime regulator (or MASAK) the power to freeze and restrict cryptocurrency accounts. The rules will require exchanges to collect user details, delay withdrawals under certain conditions, and cap stablecoin transfers. Platforms following the Travel Rule may offer ...
-
UAE to Begin Sharing Crypto Tax Data Under Crypto Asset Reporting Framework in 2028
The UAE has signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF), joining global efforts to automatically exchange cryptocurrency tax information. The framework will be implemented in 2027, with the first data sharing expected in 2028. Public consultation, running from September 15 to Novemb...
-
Coinbase Urges US DOJ Action as SEC Mulls Dropping Lawsuit Against Crypto Exchange
Coinbase has urged the US Department of Justice to address fragmented state-level crypto regulations, even as the Securities and Exchange Commission reportedly prepares to drop its high-profile lawsuit against the exchange. While federal lawmakers push for stablecoin and market-structure bills, state attorneys general in New York and Oregon continu...
-
Union Minister Jayant Chaudhary, Wife Disclose Over Rs. 43 Lakh in Crypto Assets
Union Minister Jayant Chaudhary and his wife Charu Singh have declared cryptocurrency holdings worth Rs. 43 lakh in their latest asset disclosure. This is the second year in a row they reported such investments, marking one of the rare instances of Indian ministers openly holding digital assets.
-
Bitcoin Crosses $114,000 as US PPI Report Lifts Rate Cut Hopes
Bitcoin held steady at $114,000 (roughly Rs. 1 crore) on Thursday as softer US producer price data at 2.6 percent boosted hopes of a Fed rate cut next week. Analysts highlighted that consistent inflows into spot Bitcoin ETFs, nearly $1 billion so far this week, also supported sentiment. Ethereum surged to $4,400 (roughly Rs. 3.8 lakh), while major ...
