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As part of its further expansion into India, one of the world’s most rapidly developing marketplaces for digital assets, Coinbase has allowed direct rupee bank rails, facilitating the transfer of funds between local users’ bank accounts and the cryptocurrency markets on the exchange. In a blog post published on Sunday,
Read full articleThe significant losses highlight the volatility and risk of concentrating corporate treasuries in digital assets, impacting investor confidence. The post Strategy reports $13B loss, Bitmine $10B loss amid market decline appeared first on Crypto Briefing.
RBI's measures to support the rupee highlight the delicate balance between curbing inflation and sustaining economic growth amid global instability. The post Reserve Bank of India holds rates steady, unveils measures to support rupee appeared first on Crypto Briefing.
The debate on crypto profits for officials highlights the ethical complexities and potential barriers to effective crypto regulation. The post Coinbase CEO Brian Armstrong says crypto profits for elected officials are ‘complicated’ appeared first on Crypto Briefing.
India's robust growth amid global challenges highlights its economic resilience but raises concerns over inflation and currency stability. The post India’s economy grows faster than expected amid rising energy costs appeared first on Crypto Briefing.
RBI's measures may stabilize the rupee short-term, but insufficient foreign inflows could undermine confidence, impacting economic growth. The post Reserve Bank of India holds rates at 5.25%, unveils measures to support falling rupee appeared first on Crypto Briefing.
AirTrunk's massive investment could position India as a global data hub, accelerating digital transformation and economic growth. The post AirTrunk plans $30B investment in India data centers to fuel AI and cloud growth appeared first on Crypto Briefing.
Switch's potential $50B valuation highlights the growing demand for data infrastructure, signaling significant investor confidence and market expansion. The post Switch in talks to raise funds at over $50B valuation: report appeared first on Crypto Briefing.
The US House Ways and Means Committee has released a set of seven crypto tax discussion drafts aimed at giving more structure to how digital-asset investors are taxed in the country. The effort is intended to clarify rules around timing and treatment, an area where crypto-related tax questions have often left investors and tax professionals […]
