Tag: cryptocurrency

Biden signs order on cryptocurrency as its use explodes

WASHINGTON — President Joe Biden on Wednesday signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency. The Biden administration views the explosive popularity of cryptocurrency as an opportunity to examine […]

Cryptocurrency exchange Coinstore enters India despite pending curbs on trade

MUMBAI, Nov 28 – Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai which […]

China proposes adding cryptocurrency mining to ‘negative list’ of industries

BEIJING, Oct 8 – China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday. The “negative list” details sectors […]

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