India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale segment, including asset tokenization and repo transactions.
BIT Exchange, a digital asset exchange founded by Jihan Wu, a Chinese cryptocurrency entrepreneur, recently issued a statement stating that the company is ready to launch Solana (SOL) options trading following the colossal surge in lawsuits. institutional. The aforementioned decision was highly anticipated by crypto market enthusiasts within the crypto space as SOL has recently…
The controversial tax law that requires U.S. citizens to report crypto transactions of $10,000 or more has taken effect, giving the IRS a major new source of data on crypto users. The law, included in the Infrastructure Investment and Jobs Act, is now in effect as of January 1, 2024.The IRS Is On The Wings…
Experts and business representatives from Iran and Russia discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating in the implementation of new financial instruments that facilitate bilateral trade in their national fiduciaries. Financial Expo brings together crypto experts from Russia and Iran Business leaders and industry professionals from Iran and…
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company also raised $ 70 million, bringing its valuation to $ 540 million. Bitcoin-backed mortgage: “The first product of its kind to hit the…
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Toncoin (TON) and Dogwifhat (WIF) are in the spotlight as they emerge as the best performing altcoins since the start of the year, ahead of other altcoins like Dogecoin (DOGE) and Shiba Inu (SHIB). Toncoin and WIF are leaders Data from CoinMarketCap shows that Toncoin and WIF are the best-performing altcoins among the top 50…
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