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Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India

Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

First Crypto Fund Approved by Hong Kong’s Financial Regulator Aims to Pass $100M in its First Year

Hong Kong’s first approved cryptocurrency fund, Arrano Capital, the blockchain arm of Venture Smart Asia announced its rollout of a new Bitcoin fund in Hong Kong.

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.

Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company

Norway's Second-Richest Man Pumps $60M into Bitcoin and Establishes a Crypto Company

Norway's Kjell Inge Røkkes Aker has launched a crypto company Seetee and invested $60 million into Bitcoin.

Hong Kong SFC Agrees in Principle to License Fidelity Backed OSL Crypto Firm

Hong Kong SFC Agrees in Principle to License Fidelity Backed OSL Crypto Firm

Hong Kong’s Securities and Futures Commission (SFC) has agreed in principle to license the cryptocurrency firm OSL Digital Securities.

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.

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