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Crypto exchanges hunker down as everything goes wrong in India

Crypto exchanges hunker down as everything goes wrong in India

by AIP Online Bureau | Jun 26, 2022 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Trends, Facts, Wealth Management/ Philanthropy

That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...
Crypto exchanges hunker down as everything goes wrong in India

Bitcoin slides below $20,000 to lowest since December 2020

by AIP Online Bureau | Jun 18, 2022 | International News, Technology, Wealth Management/ Philanthropy

“Breaking $20,000 shows you that confidence has collapsed for the crypto industry and that you’re seeing the latest stresses,” said Edward Moya, Senior Market Analyst, The Americas OANDA, on Saturday. Moya said that “even the loudest crypto...
Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde

Crypto ‘worth nothing’, should be regulated: ECB Prez Christine Lagarde

by AIP Online Bureau | May 21, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

Christine Lagarde,European Central Bank President Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be...

Cryptos pose a bigger threat to the stability of country’s financial system, say RBI officials to Parliamentary panel

by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies “can replace a part of monetary system it will also...

Cryptocurrencies: why they’ve crashed and what it could mean for their future

by AIP Online Bureau | May 15, 2022 | Articles, Eco/Invest/Demography, Trends, Facts, Wealth Management/ Philanthropy

Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a “peg” to some other underlying asset If you had invested £100...
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