India’s government may consider stablecoin framework, diverging from RBI

India’s government may consider stablecoin framework, diverging from RBI

India’s government is considering adopting a stablecoin regulatory framework while the Reserve Bank of India urges a “cautious” approach. The government of India may consider stablecoin regulations in its Economic Survey 2025-2026, while the Reserve Bank of India (RBI) takes a “cautious” approach to crypto and pushes for a central bank digital currency (CBDC), revealing…

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BitMine sits on .7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s…

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