# Indian trade group recommends ‘special class security’ status for crypto

# Indian trade group recommends ‘special class security’ status for crypto

“# Indian trade group recommends ‘special class security’ status for crypto ” The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class.  The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for…

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# Indian CoinDCX crypto exchange to go global in 2022, says exec

# Indian CoinDCX crypto exchange to go global in 2022, says exec

“# Indian CoinDCX crypto exchange to go global in 2022, says exec ” Ongoing uncertainty around cryptocurrency regulation in India isn’t stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to move forward with its global crypto-to-crypto trading platform — dubbed Cosmex — in 2022, according to a senior executive…

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# Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

# Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

“# Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits ” The Reserve Bank of Australia (RBA) published a report into its two-year research project into wholesale central bank digital currencies (CBDCs) that emphasized the benefits of digitizing and autonomizing manual, paper-based banking processes using distributed ledger technology (DLT). The report marks the conclusion…

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# Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem

# Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem

“# Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem ” Blaine Luetkemeyer, a House representative from Missouri, revisited the issue of major companies exerting control over vast swaths of the internet, something he expressed concerns about encroaching in the crypto space. Speaking at a Wednesday hearing on digital…

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# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO

# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO

“# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO ” On Wednesday, Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority, or FCA, issued the following statement to the Treasury Committee when asked about the risks of the much-unregulated cryptocurrency sector in the country: When we talk about…

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