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Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong

Over 101 Carat Diamond Sold for $12.2M in Crypto in Hong Kong

A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency, either in Bitcoin or Ether, as payment.

US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst

US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst

On-chain analyst William Clemente III noted that Bitcoin demand by US institutional investors had slowed down.

UK lawmakers propose metaverse-specific online safety bill

UK lawmakers propose metaverse-specific online safety bill

Members of the House of Lords are of the opinion that activities taking place in the metaverse need to be included into any law that is written in the United Kingdom with the goal of regulating certain internet services.

Rio de Janeiro Plans to become "Crypto Rio" by Storing Part of its Reserves in Bitcoin

Rio de Janeiro Plans to become "Crypto Rio" by Storing Part of its Reserves in Bitcoin

Following in the footsteps of Miami, Brazilian city Rio de Janeiro plans to enter the crypto space by having 1% of its reserves in Bitcoin.

India's Central Bank Slammed with a Two Week Crypto Ban Ultimatum

India's Central Bank Slammed with a Two Week Crypto Ban Ultimatum

India's central bank has been slammed by the nation's supreme court about the stance it took in banning cryptocurrency business. It was given two weeks to give a concrete response to justify its actions.

IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s central bank, the Reserve Bank of India (RBI) has planned to report a review petition on the recent Supreme Court’s cryptocurrency ruling, according to the Economic Times.

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

Crypto Trading in India Soared by 400% During COVID-19 Lockdown

With the ongoing COVID-19 pandemic, India’s cryptocurrency trading industry has seen an increase of 400 percent over the last few months.

India’s Supreme Court Turned the Tables on Crypto Ban in Landmark Ruling

India’s Supreme Court Turned the Tables on Crypto Ban in Landmark Ruling

In a momentous ruling, India’s Supreme Court has lifted the ban made by the Reserve Bank of India (RBI), the nation’s central bank, on banks and other regulated entities dealing with cryptocurrencies. The court noted that preventing regulated entities from offering banking services to crypto trading stakeholders did not hold any water.

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