#crypto-regulations

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear
Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Reagan Airport Helicopter Ban Urged After 67 Die in Midair Collision
The National Transportation Safety Board (NTSB) is calling for strict restrictions on helicopter traffic near Ronald Reagan National Airport. This request follows a tragic midair collision that claimed the lives of 67 people, marking the deadliest aviation accident in the United States in over two decades. The catastrophic collision occurred on January 29 near the nation's capital. Following the tragedy, NTSB Chairperson Jennifer Homendy urged the Federal Aviation Admin
Reagan Airport Helicopter Ban Urged After 67 Die in Midair Collision
The National Transportation Safety Board (NTSB) is calling for strict restrictions on helicopter traffic near Ronald Reagan National Airport. This request follows a tragic midair collision that claimed the lives of 67 people, marking the deadliest aviation accident in the United States in over two decades. The catastrophic collision occurred on January 29 near the nation's capital. Following the tragedy, NTSB Chairperson Jennifer Homendy urged the Federal Aviation Admin

White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops
The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive
White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops
The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui
Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency
SEBI has introduced new algorithmic trading regulations requiring firms to register with stock exchanges. The rules mandate closed, vendor-specific APIs and unique trade identifiers for transparency. Brokers must conduct due diligence before onboarding algo providers. Investors creating their own algorithms above set limits must register through brokers. These measures aim to prevent market manipulation, enhance security, and ensure compliance, improving oversight in high-frequency trading en
Sebi's New Algo Trading Rules: Enhancing Investor Protection and Market Transparency
SEBI has introduced new algorithmic trading regulations requiring firms to register with stock exchanges. The rules mandate closed, vendor-specific APIs and unique trade identifiers for transparency. Brokers must conduct due diligence before onboarding algo providers. Investors creating their own algorithms above set limits must register through brokers. These measures aim to prevent market manipulation, enhance security, and ensure compliance, improving oversight in high-frequency trading en

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards
The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp
IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards
The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Supreme Court Orders UGC to Tackle Caste-Based Discrimination in Universities
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities. The Court specifically asked the UGC
Supreme Court Orders UGC to Tackle Caste-Based Discrimination in Universities
The Supreme Court of India on Friday emphasized the need for an effective mechanism to combat caste-based discrimination in educational institutions across the country. The bench, consisting of Justices Surya Kant and Ujjal Bhuyan, addressed the sensitive issue and directed the University Grants Commission (UGC) to notify draft regulations to ensure that caste-based discrimination is prevented in central, state, private, and deemed universities. The Court specifically asked the UGC

Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30
On December 30, the cryptocurrency market saw a decline in most assets, including Bitcoin, which experienced a minor dip of under one percent. According to CoinMarketCap, Bitcoin was trading at $93,197 (approximately Rs. 79.6 lakh) on international exchanges, while Indian exchanges such as Giottus and CoinDCX showed the price at around $101,719 (approximately Rs. 86.9 lakh). Despite the pullback, Bitcoin remained above its 200-day moving average, signaling strong buying interest. The next res
Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30
On December 30, the cryptocurrency market saw a decline in most assets, including Bitcoin, which experienced a minor dip of under one percent. According to CoinMarketCap, Bitcoin was trading at $93,197 (approximately Rs. 79.6 lakh) on international exchanges, while Indian exchanges such as Giottus and CoinDCX showed the price at around $101,719 (approximately Rs. 86.9 lakh). Despite the pullback, Bitcoin remained above its 200-day moving average, signaling strong buying interest. The next res

Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur
Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur

Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc
Trump Appoints David Sacks as AI and Crypto Czar
President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates
The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to
RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates
The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to