Bitcoin Slips Slightly Down on Price Ladder, Minor Market Blip Affects Most Altcoins

The cryptocurrency market, which has been riding a high horse these past few days, recorded a minor blip on Wednesday, April 6. The price of Bitcoin dipped by 2.04 percent for it to trade at $28,050 (roughly Rs. 22.9 lakh). This marks a loss of $531 (roughly Rs. 43,525) from last day’s price for the … Read more

EU’s Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks

Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc’s executive has said. The global Basel Committee of banking regulators from the world’s main financial centres has set a January 2025 deadline for implementing capital requirements for … Read more

Visa CEO Al Kelly Bets Big on Blockchain-Based Stablecoins, CBDCs Days Before Stepping Down

Al Kelly, the CEO of payments giant Visa, has spoken in favour of blockchain-based payments solutions that are bound to revolutionise the future of the fintech industry. Kelly has pegged his hopes on stablecoins and central bank digital currencies (CBDCs), both of which are powered by blockchains, to open newer and faster ways to facilitate … Read more