Bhutan bets huge on Bitcoin to battle financial woes – Firstpost

Bhutan bets huge on Bitcoin to battle financial woes – Firstpost

The nation’s embrace of Bitcoin is in keeping with its dedication to sustainability. Bhutan’s chilly local weather reduces cooling wants for mining tools, and its considerable hydropower offers a clear power supply learn extra Lengthy recognized for measuring progress via Gross Nationwide Happiness and environmental sustainability, Bhutan is taking a significant step towards monetary innovation—…

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World’s largest crypto alternate Binance will get  bn funding from Abu Dhabi’s sovereign wealth fund MGX – Firstpost

World’s largest crypto alternate Binance will get $2 bn funding from Abu Dhabi’s sovereign wealth fund MGX – Firstpost

The funding aligns with the United Arab Emirates’ broader push to ascertain itself as a world expertise and crypto hub. The precise dimension of the stake MGX acquired or which stablecoin can be used for the cost was not disclosed learn extra Emirati state-owned funding agency MGX has introduced a $2 billion funding in Binance,…

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India faces rising stress to undertake crypto after US strategic reserve transfer, ETCFO

India faces rising stress to undertake crypto after US strategic reserve transfer, ETCFO

India faces rising stress to undertake crypto after US strategic reserve transfer India is going through rising stress to determine a transparent regulatory framework for cryptocurrencies following the US administration’s determination to create a strategic cryptocurrency reserve. Trade specialists imagine this transfer by the US, which incorporates Bitcoin, Ether, XRP, Solana, and Cardano, may affect…

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S. Korean crypto founder Do Kwon, the person behind TerraUSD, to be extradited to US from Montenegro – Firstpost

S. Korean crypto founder Do Kwon, the person behind TerraUSD, to be extradited to US from Montenegro – Firstpost

Kwon’s firm promised stability for TerraUSD, pegged to the US greenback, however the tokens entered a “dying spiral” in 2022, destabilising world crypto markets and eroding investor confidence learn extra South Korean cryptocurrency entrepreneur Do Kwon can be extradited to the US following a Montenegrin courtroom determination over his alleged position within the collapse of…

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