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India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report
The Indian government is likely to regulate cryptocurrencies in its upcoming budget in February, moving away from its earlier approach of seeking to impose an outright ban, according to a Business Today report. A law covering cryptocurrencies will most likely be discussed in the country’s next general budget, the report said, citing Indian Finance Ministry…

Fiat-to-Crypto Partnerships Expand Abra’s Footprint to 150+ Countries
Dec 7, 2020 at 5:31 p.m. UTCUpdated Dec 7, 2020 at 5:43 p.m. UTCAbra CEO Bill Barhydt(CoinDesk archives)Fiat-to-Crypto Partnerships Expand Abra’s Footprint to 150+ CountriesAbra is expanding its cryptocurrency marketplace to dozens more countries through partnerships with four fiat-to-crypto gateways.The Silicon Valley-based crypto banking services firm is now available in over 150 countries (previously it…

MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves
Sep 14, 2020 at 18:35 UTCMicroStrategy booth at TechCrunch Disrupt SF 2011 (Araya Diaz/Getty Images)MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin ReservesMicroStrategy is refusing to rule out future bitcoin gambles. The business intelligence company told the U.S. Securities and Exchange Commission on Monday it "may increase" its bitcoin (BTC) holdings beyond the $250 million…

Bitcoin Tumbles Below $28K on Coinbase Before Rallying
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Jocelyn Yang is a markets reporter at CoinDesk. She is a recent graduate of Emerson College's journalism program. Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at…

BitGo Now Providing Custody for India’s Largest Crypto Exchange
May 15, 2020 at 09:00 UTCGate of India, Mumbai (Credit: Shutterstock/Social Media Hub)BitGo Now Providing Custody for India’s Largest Crypto ExchangeBitGo is now providing its custody services to India's largest cryptocurrency exchange by trading volume, CoinDCX.Announced Thursday, BitGo began storing cryptocurrencies held by CoinDCX last week, with the aim of ensuring the assets are kept…

Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is around $1 million worth of the cryptocurrency, to crypto exchange Coinbase on Monday, according to data from Ethereum blockchain scanning website, etherscan.The move comes as ether, the second largest cryptocurrency by market capitalization suffered a 10% decline over the last seven days, amid a broad…

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda
news Four European banks – Commerzbank, ING, Natixis and Rabobank – have settled a live transaction for a short-term debt instrument on the Corda platform developed by blockchain consortium startup R3. According to a report from FinTech Futures on Thursday, the transaction involved an issuance of a one-day maturity euro commercial paper (ECP) worth €100,000…

Digital Asset Funds See Second Consecutive Week of Inflows: CoinShares
Digital asset investment products experienced a second week of inflows, adding $321 million. CoinShares attributes the gain on the 50 basis-point interest-rate cut by the U.S. Federal Reserve, the first time the central bank has reduced the cost of borrowing in four years. Digital asset investment products experienced a second straight week of inflows, adding