Generative Data Intelligence

Tag: Global News

UK newspaper unveils record breaking number of crypto ads, amid CBDC pushback

If regulating crypto wasn’t hard enough, one particularly sticky area to navigate is the question of crypto ads and commercials. Across the Atlantic, this matter has been causing a row for quite some time. Now, new information has put the ethics of crypto advertisements under a brighter spotlight. The numbers are bonkers An investigation into […]

Here’s how China might be leading the CBDC race as Winter Olympics draws near

One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country’s latest CBDC adoption stats suggest that crypto news junkies should probably think again before dismissing the East Asian giant. Beijing begins with a bang According to […]

FTX ‘Venture’ing into Web3 helps FTT break out of its five month downtrend

The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has been created with $2 billion set aside for funding new and developing companies in the crypto market. In order to […]

Switzerland: Testing of digital franc in joint operation with 5 banks ends ‘successfully’

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs […]

India: Calls for crypto regulations intensify ahead of Budget Session 2022

India’s digital payment system and financial services company, Paytm, had previously stated that it might dive into crypto once the regulatory environment becomes favorable. Now, with the Indian Budget session coming up, CEO Vijay Shekhar Sharma has spoken in favor of implementing regulations. He told ET,  “No technology should be blocked. Technology should be shaped and […]

North Korean hackers walk away with nearly $400 million in crypto

Over the years, the Democratic People’s Republic of Korea (DPRK)  has topped the chart in the list of cyberattacks. However, the most unique aspect of North Korean hacking is its focus on targeting financial institutions. Even hackers prefer ETH North Korean crypto hackers had a ‘ banner year‘ in 2021 according to new data from […]

Thai companies shell out millions to join the Bitcoin mining bandwagon

China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries like the USA, Russia, and Kazakhstan where most miners have shifted base. Smaller players have also emerged to fill in the gaps, and among them is Thailand. Here, large-cap […]

Will Indian investors have to pay 42% income tax on their crypto assets

In India, 2021 came and went without the cryptocurrency regulation bill that many crypto investors were hoping to see. However, that doesn’t mean the government has shelved its plans to regulate the industry. In fact, Indian media publications are abuzz with whispers of new crypto policies and institutional developments. A most taxing question According to […]

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