With sanctions from Western nations increasing the pressure on the Russian economy, it appears that young people in the country think cryptocurrency can turn out to be a profitable and reliable investment option. Results of a recent study show that there are two-thirds of the Russian population that have now become familiar with bitcoin and…
Since cryptocurrency has become the new target of numerous regulators, many have been wondering whether regulation is good or bad for digital currencies. But, SEBA Bank’s senior executive officer, Christian Borel, stated that if there are clear laws in place where crypto is concerned, it could actually help in driving adoption. The banking executive said…
Overall shrinking of the crypto economy is causing huge adverse and damaging impacts upon crypto open interest in Bitcoin futures and spot market trading. Since November 2021, volume for spot markets has reduced from US$ 1.4 Trillion to US$ 593 Billion. Similarly, interest in futures is dropping sharply from November 2021’s US$ 28 Billion to…
Indian Prime Minister Modi has sought the help of the world governments in collectively forming crypto regulations because the technology of blockchain is so innovative that a single nation is not equipped to face the challenges. A virtual conference titled “Davos Agenda” was held in which the Prime Minister of India, Narendra Modi, also addressed…