Tag - crypto

US SEC sues crypto exchange Coinbase a day after suing Binance


Washington: A day after suing crypto exchange Binance, the US Securities and Exchange Commission (SEC) on Wednesday charged Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program. According...

NYS Senator Kevin Thomas introduces bill to add crypto fraud to penal code


A New York state senator introduced a new bill that would add four different cryptocurrency-related crimes to the fraud section of the state’s penal code. New York State Senator Kevin Thomas introduced Senate Bill S8839 this week and said the legislation was designed to “enhance consumer protections” within the cryptocurrency industry “by giving prosecutors a legal...

Strong US-India relationship to strengthen global order: Sitharaman


Washington DC: Finance Minister Nirmala Sitharaman has been on an official visit to the United States of America from April 18. She attended a high-level panel discussion with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva on “Money at a Crossroad”. Sitharaman said during her discussion with the IMF boss that India has the...

Tech trends 2022: Web 3.0, big tech battles


After a year that made the terms WFH (work from home) and metaverse instantly recognizable for many people, there are a new set of technological trends headed this way for 2022. 'Web 3.0' and crypto First, it was websites and blogs, which allowed the emergence of companies like Yahoo, eBay, and Amazon. The next was Web...

2022 will be year of adjusting to new realities


Reflecting on this year's World Ahead, The Economist editor Tom Standage, wrote, "If 2021 was the year the world turned the tide against the pandemic, 2022 will be dominated by the need to adjust to new realities, both in areas reshaped by the pandemic and as deeper trends reassert themselves." The Economist, a few weeks...

Crypto market cap hits $3 trillion mark for 1st time


New Delhi: The global cryptocurrency market has hit the $3 trillion mark for the first time, taking Bitcoin and Ethereum values to an all-time high. Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25. Despite uncertainties and high volatility surrounding it, Bitcoin may touch the $100,000 mark by the end of this year....