In a landmark judgment, the Madras High Court has formally recognized cryptocurrency as a form of property capable of being held in trust, marking a pivotal moment in India’s evolving digital-asset landscape. The ruling establishes a crucial legal foundation for how courts may address ownership, fiduciary responsibility and disputes involving virtual assets. By affirming that… Continue reading Madras High Court Sets Precedent by Recognizing Cryptocurrency as Property Held in Trust
Category: Cryptocurrency
Global Tax Regimes Tighten Grip on Cryptocurrency as New Zealand Trades Draw Scrutiny
Governments worldwide are accelerating efforts to bring cryptocurrency transactions under stricter tax oversight, signaling a decisive shift in how digital assets will be monitored and regulated. New Zealand, where crypto trades reportedly amount to billions, is among the jurisdictions preparing for intensified compliance enforcement. Authorities aim to close long-standing reporting gaps, ensure transparency and address… Continue reading Global Tax Regimes Tighten Grip on Cryptocurrency as New Zealand Trades Draw Scrutiny
Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Hong Kong–listed companies tied to stablecoin and digital-asset operations witnessed a sharp downturn after the People’s Bank of China (PBOC) reiterated its commitment to tightening oversight of cryptocurrency-related activities. The renewed warning from Beijing revived concerns about regulatory pressure spilling over into regional markets, particularly firms with exposure to blockchain infrastructure, virtual-asset payments and stablecoin… Continue reading Hong Kong Stablecoin Stocks Slide as PBOC Signals Intensified Crypto Crackdown
Barcelona Steps Back From Sponsor’s Crypto Product Amid Public Backlash
FC Barcelona has moved to distance itself from a cryptocurrency product linked to one of its key sponsors after the initiative drew strong criticism from fans and financial commentators. The backlash centered on concerns about speculative digital assets being promoted under the club’s brand at a time when regulators worldwide are scrutinizing crypto marketing. In… Continue reading Barcelona Steps Back From Sponsor’s Crypto Product Amid Public Backlash
Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Coinbase has funded a pilot program in New York aimed at testing whether digital assets can serve as a viable mechanism for distributing basic income. The initiative seeks to evaluate how recurring crypto-based transfers impact financial stability, community participation and long-term economic mobility for low-income residents. Designed as a controlled, small-scale experiment, the project will… Continue reading Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Crypto Markets Slide as Renewed Sell-Off Hits Major Tokens
Global cryptocurrency markets tumbled sharply as renewed selling pressure pulled major digital assets into a deep correction. Bitcoin and Ethereum, the two largest cryptocurrencies by market value, led the downturn after a brief period of stabilization earlier in the week. Market analysts attribute the sudden slide to risk-off sentiment, profit-taking by short-term traders, and broader… Continue reading Crypto Markets Slide as Renewed Sell-Off Hits Major Tokens
Kiyosaki Warns of Looming Financial Turmoil, Urges Shift Toward Bitcoin, Ethereum, Gold and Silver
A renewed warning of a global financial downturn has come from author and investor Robert Kiyosaki, who argues that the world is approaching a severe economic rupture driven by mounting debt, monetary instability, and weakening confidence in traditional financial systems. Citing escalating geopolitical tensions and persistent fiscal imbalances, he urges investors to safeguard their capital… Continue reading Kiyosaki Warns of Looming Financial Turmoil, Urges Shift Toward Bitcoin, Ethereum, Gold and Silver
Crypto Market in Turmoil as Bitcoin Leads Sharp Downturn
The global cryptocurrency market faced a jarring shock after Bitcoin and major digital assets plunged sharply within hours, triggering widespread panic among traders and long-term investors. The sudden crash erased billions in market capitalization, intensified by leveraged liquidations, weakening global sentiment, and persistent macroeconomic uncertainties. With risk-sensitive assets already under pressure, the downturn amplified fears… Continue reading Crypto Market in Turmoil as Bitcoin Leads Sharp Downturn
UAE Introduces Comprehensive Banking Decree to Solidify Its Global Crypto Ambitions
The United Arab Emirates has unveiled a sweeping new banking decree aimed at strengthening its position as a leading global hub for digital assets. The updated regulatory framework is designed to modernize the nation’s financial system, enhance oversight of crypto-linked activities, and promote greater integration between traditional banking institutions and emerging blockchain-driven markets. By clarifying… Continue reading UAE Introduces Comprehensive Banking Decree to Solidify Its Global Crypto Ambitions
BitMine’s $44 Million Ethereum Acquisition Signals Renewed Confidence in Digital Assets
BitMine’s decision to acquire Rs. 367 crore (approximately $44 million) worth of Ethereum marks one of the company’s most assertive moves in the digital asset space this year. The purchase arrives at a pivotal moment, coinciding with a notably optimistic market outlook shared by veteran strategist Tom Lee. His bullish stance on Ethereum’s long-term valuation… Continue reading BitMine’s $44 Million Ethereum Acquisition Signals Renewed Confidence in Digital Assets