Author: Amal M Prashanth

  1. Market News
  2. Top Crypto News
Crypto Market falls; Bitcoin down by more than 10% Fear of tapering, inflation and other negative cues hit the Crypto market as well. Bitcoin even touched $42K. Ether and other cryptocurrencies also are down. The market participants are in fear of the Bear market. US lawmaker urges congressional action on crypto as government avoids shutdown […]
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  2. Top Crypto News
Crypto will not be banned; SEBI to regulate The Union government has decided to bring cryptocurrencies under a regulatory framework instead of banning them. Cryptocurrency will be renamed crypto-asset under the new law and will be regulated by SEBI. SEC rejects WisdomTree’s application for spot Bitcoin ETF The United States Securities and Exchange Commission has […]
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  2. Top Crypto News
Vladimir Putin says cryptocurrencies come with risk Vladimir Putin, the President of Russia, said that cryptocurrencies bear high risks and the nation needs a better regulatory framework. The regulation is weak in Russia now, with no laws surrounding crypto mining. Coinbase will establish presence in Israel  Coinbase will purchase Unbound to gain access to its […]
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  2. Top Crypto News
Kazakhstan runs short of power due to crypto mining Kazakhstan, a country with a large number of leading crypto miners, is facing a massive power outage. The country is currently importing electricity from Russia at a higher tariff. The government had earlier commented on mining a few weeks earlier saying there is no revenue generation […]
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  2. Top Crypto News
UK Digital services tax targets crypto exchanges According to a report, crypto exchanges in the United Kingdom will have to pay a 2% digital services tax. Britain’s tax authority, HMRC, does not recognize digital assets as financial instruments and therefore exchanges are not eligible for financial exemptions. The digital services tax on revenue was introduced […]
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  2. Top Crypto News
New German government cites crypto in the coalition agreement Three German political parties agreed to a coalition deal this week where they said that they will advocate for an equal playing field between traditional finance and cryptocurrency. The coalition calls for a new “dynamic in relation to the opportunities and risks from new financial innovations” […]
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  2. Top Crypto News
IMF recommends El Salvador not use bitcoin as legal tender The International Monetary Fund (IMF) on Monday said El Salvador should not use bitcoin as legal tender, considering risks related to the cryptocurrency. The IMF statement came just after El Salvador announced that he was planning to build Bitcoin city. Cryptocurrencies fade on news that […]
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  2. Top Crypto News
Shiba Inu Slips in Coinbase Volume Rankings After Topping the List for 2 Weeks SHIB accounted for 6.72% of the total turnover on Coinbase, the Nasdaq-listed crypto exchange, slipping to the third position behind Bitcoin and Ether. SHIB is still ahead of prominent cryptocurrencies like programmable blockchains Solana and Polkadot’s SOL and DOT tokens. French […]
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  2. Top Crypto News
Digital currencies won’t impact US sanctions, Treasury exec says Central bank digital currencies (CBDC) like Russia’s digital ruble do not pose any threat to United States sanctions, according to the U.S. Deputy Treasury Secretary Wally Adeyemo. In a CNBC interview on Wednesday, Adeyemo argued that the U.S. dollar “will remain the dominant currency in the […]
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  2. Top Crypto News
Crypto Ban Unlikely in India, but Govt to Discourage Trade According to reports, the Indian government has indicated that it plans to regulate cryptocurrencies to prevent investors from holding them without any restriction. However, the Centre does not want to ban crypto coins entirely, as it had planned earlier. The Centre is likely to allow only […]

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At the recent United Nations Climate Change Conference at Glasgow (COP26), India pledged to achieve net-zero carbon emissions by 2070. The Centre has committed to installing a non-fossil fuel electricity generation capacity of 500 gigawatts (GW) and sourcing 50% of India’s energy requirement from renewable sources by 2030. The government also aims to reduce 1 […]

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