Jai Pratap

A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

El Salvador’s tourism grew 30% after adopting bitcoin as legal tender.

The El Salvadoran government has outlined some economic benefits of adopting bitcoin as an optional legal tender. The Central American country's bitcoin law went...

Russian Finance Ministry moves ahead with its Bitcoin regulation proposal despite the central bank’s objection.

Russia could soon legalize cryptocurrencies despite ongoing calls to ban them by the country's central bank. The country's Finance Ministry is moving ahead with...

U.K. police returns $5.4 million to victims of an international crypto scam.

The U.K.'s Greater Manchester Police (GMP) announced Friday that about $5.4 million of the funds seized from an international crypto scam rumbled by its...

Monetary Authority of Singapore won’t regulate the NFT market.

One of the world's biggest financial hubs, Singapore, will refrain from issuing any regulations for the burgeoning non-fungible token (NFT) market. Singapore's central bank...

Chinese crypto exchange Huobi plans to re-enter the U.S. market after two years.

Chinese cryptocurrency exchange Huobi is planning to re-enter the U.S. market more than two years after it ceased operations to comply with regulations, as...

Federal Reserve Board Governor highlights the importance for a US CBDC.

The U.S. Federal Reserve doesn't know whether it will issue its own central bank digital currency (CBDC) or not, Lael Brainard, Federal Reserve Board...

Kookmin Bank to launch the first bank in South Korea to offer crypto investment products to retail investors.

Kookmin Bank is planning to launch the first crypto fund in the country. The bank announced on Feb. 21 that it had formed a Digital Asset...

FCA expresses concern regarding Binance’s re-entry into the U.K. payments network.

U.K's Financial Conduct Authority (FCA) has expressed concern over a recent move by the cryptocurrency exchange Binance that has given it access to the...

Federal Reserve officials will be prohibited from trading cryptocurrencies.

According to a press release, the U.S. Federal Reserve’s senior officials will be unable to trade crypto, purchase individual stocks, hold an investment in individual...

South Korea’s financial services watchdog to supervise NFTs and metaverse closely.

One of South Korea’s financial services watchdogs has included digital assets and related developments such as the metaverse in its list of sectors. The...

FBI launches a new unit to tackle crypto exploitation.

The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. According to an announcement by the U.S. Department of...

Circle doubles its valuation to $9 billion with new reverse merger terms.

The issuer of stablecoin USDC, Circle, has doubled its valuation to $9 billion after it renegotiated and inked a new reverse merger deal with...
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