In dollar terms, Binance Coin was among the biggest gainers, up nearly 4 per cent. Bitcoin climbed over a per cent and Ethereum was up over 3 per cent, data on CoinMarketCap showed. Solana was the top loser, down over 1 per cent. A few blockchain and crypto-focused funds are rethinking their investment strategy amid speculation that trading in virtual currencies would be banned. They are planning for contingencies to ensure they do not face a situation like in 2018 when the Reserve Bank of India cut banking access for the crypto and blockchain community.
Presented ByDid you Know?
Cryptocurrency could buy you a 101-carat diamond at Sotheby’s
View Details »Earlier, a government bulletin said the Cryptocurrency and Regulation of Official
Read more on economictimes.indiatimes.com