Digital payment processing firm Stripe has decided to lay off nearly 1,120 employees, which is almost 14% of its 8,000-strong workforce. As per an announcement made by Stripe’s Chief Executive…
While salaries, rent and electricity have to be paid for in fiat currency, cryptocurrency miners are now struggling to make those payments given falling prices of digital assets.
India's Central Board of Direct Taxes (CBDT) is planning to tax foreign business firms having Indian users. The proposal can have significant bearing on the growing trend of crypto and…
Binance, the world’s largest cryptocurrency exchange by volume, was one of Musk’s financial backers in his multi-billion acquisition of Twitter, contributing a staggering US$500 million.
The Thai FinTech Association and the Hungarian Ambassador in Bangkok signed a Memorandum of Understanding (MOU) to improve the financial sector by utilizing “blockchain” technology.
The market downturn has reportedly forced digital assets services firm Galaxy Digital to plan a reduction of staff by as much as 20%, said media reports. The New York-based company founded…
Charles Hoskinson, the founder of Cardano (ADA), predicted that the adoption of cryptocurrencies will accelerate as multiple countries’ national fiat currencies begin to fail.
The prediction was based on Lula Da…
Hong Kong’s financial authorities said on Monday that the Chinese territory’s regulators are also exploring the listing of crypto exchange traded funds as the city’s rivalry with Singapore intensifies.
Huobi Global has denied rumors that two of its top executives have left amid an acquisition of the Seychelles-based cryptocurrency exchange, stating that it has no intentions to carry out…
The Reserve Bank of India (RBI) will launch its CBDC or Digital Rupee for the wholesale market on November 1, it said in a press statement. To start with, the digital…