Latest from Jaspreet Kalra
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.
Rebranded Libra Still a ‘Wolf in Sheep’s Clothing': German Finance Minister
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.
Biden Administration Will ‘Ultimately Be Supportive’ of Crypto: Circle CEO
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.
Binance Expects to Earn From $800M to $1B This Year, CEO Says: Report
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
Bitcoin a ‘Potential Store of Value’ That's Very Volatile: Fidelity Digital Assets Head
Many investors aspire to hold bitcoin as a store of value, but right now the cryptocurrency is very volatile, said the head of Fidelity Digital Assets.
Swiss Wholesale CBDC Trial Shows 'Feasibility' for Central Bank Money on Distributed Ledger, BIS Says
A Swiss experiment on how central bank money can be linked to markets built on distributed ledger technology (DLT) yielded positive results.
Crypto Version of 'Giving Tuesday' Returns With 10 Times as Many Charities
While only 12 non-profits had signed up for the event last year, crypto donations platform The Giving Block said that over 120 such organizations will be taking part in this year.
US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From Panama
The accused, Gutemberg Dos Santos, has been charged in an indictment and was extradited from Panama on Nov. 25.
In India, a Clash of Digital Innovation and Internet Censorship
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.
