“Our view is that it ought to be prohibited as a result of in the event you attempt to regulate it and permit it to develop, please mark my phrases the subsequent monetary disaster will come from non-public cryptocurrencies,” Das stated. “They don’t have any underlying worth. They’ve enormous inherent dangers for our macro financial and monetary stability. I’m but to listen to any credible argument about what public good or what public goal it serves.”
Key TakeawaysGov. Greg Abbott’s Aug. 3 audit delayed ERCOT’s data center classifications.ERCOT’s 474 GW queue is about 90% data centers,...
Key TakeawaysSenate delays CLARITY Act vote to September, raising odds crypto rules stall through Trump’s term.Bitcoin Red Team found 4,962...
In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains...
Key TakeawaysNational Treasury and SARB release draft rules governing cross-border crypto transfers.VALR CEO Farzam Ehsani warned that banning corporate crypto...
Key TakeawaysFrance introduced a bill to enact the CARF framework, sharing crypto users’ data with 48 countries.The bill accelerates data...
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