March 19, 2024 By Anjali Kochhar Renowned for its spiritual and cultural heritage, India attracts millions of pilgrims and tourists from all over the world every year. Whether it is the beautiful evening Aarti on the banks of the Ganga River at Varanasi or the soulful Sufi vibes at the Ajmer Sharif in Rajasthan, these […]

March 19, 2024 By Sharan Kaur Phillora China’s crypto investors have defied government restrictions and achieved substantial financial success in the cryptocurrency market. In 2023, they netted an impressive $1.15 billion, securing the fourth position in global earnings, just behind the U.S., the United Kingdom, and Vietnam. Here’s what we know: This data, revealed by

March 18, 2024 By Anjali Kochhar The artificial intelligence industry experienced a surge in growth at the onset of 2024, driven by the emergence of OpenAI’s Sora product, which sparked a new wave of excitement within the sector. Consequently, AI cryptocurrencies are experiencing a significant uptick as traders seek early positioning to capitalize on the

March 18, 2024 By Sharan Kaur Phillora Hong Kong’s Monetary Authority (HKMA) has launched Phase 2 of its e-HKD pilot program, aiming to delve deeper into the potential applications of a digital Hong Kong dollar (e-HKD) within the region. Here’s what we know: This second phase will focus on exploring the unique values of e-HKD in

March 18, 2024 By Anjali Kochhar Bitcoin’s impressive rally persisted last week, driven by a surge of investment in new spot bitcoin exchange-traded funds and optimism surrounding potential interest rate cuts by the Federal Reserve. At the same time, its market capitalization has soared to $1.414 trillion, overtaking that of silver to secure the eighth position

March 15, 2024 By Sharan Kaur Phillora In a collaborative effort, leading Wall Street firms, including Goldman Sachs, BNY Mellon, and Cboe Global Markets, have completed an extensive pilot test of the Canton Network, a cutting-edge blockchain platform tailored for institutional assets. This initiative highlights the growing interest of the finance sector in harnessing blockchain

March 15, 2024 By Anjali Kochhar MetaMask, the popular Ethereum cryptocurrency wallet is presently testing an innovative payment card powered solely by blockchain technology and integrated with Mastercard’s extensive network. According to promotional materials reviewed by CoinDesk, the card issued by Baanx intends to transform how users interact with cryptocurrencies by allowing them to make

March 15, 2024 By Anjali Kochhar In the second quarter of 2024, the London Stock Exchange (LSE) will begin to accept applications for exchange-traded notes (ETNs) backed by cryptocurrencies such as Bitcoin and Ether. According to an announcement, the exchange stated that it would entertain applications as long as they complied with the regulations outlined

March 14, 2024 By Anjali Kochhar Mudrex, a global crypto investment platform backed by Y-Combinator ,has u launched US Bitcoin Spot ETFs, providing Indian investors with access to a new opportunity of crypto investment possibilities. Investors can now venture into Bitcoin spot ETFs through Mudrex’s platform with an initial investment starting at $5000, reaching up

March 14, 2024 By Sharan Kaur Phillora In a step towards establishing itself as a leading cryptocurrency hub in the region, Hong Kong has initiated a “sandbox” program for stablecoin issuers. This development is part of the city’s ongoing efforts to set a clear regulatory framework for digital currencies, particularly fiat-referenced stablecoins. The Hong Kong Monetary