Russia and Ukraine were involved in talks while the US President Joe Biden signed an executive order on cryptocurrency, which hinted towards positive movement over the new-age technology. Barring the dollar-pegged stablecoins, all of the top digital tokens were trading higher on Thursday. Terra zoomed 6 per cent, followed by a 4 per cent rise in Bitcoin and XRP each. Solana, Ethereum, Cardano added 2 per cent each.
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View Details »The global cryptocurrency market cap today jumped to the $1.80 trillion mark, adding almost 2 per cent in the last 24 hours. Total cryptocurrency trading volume zoomed more than 23 per cent to $97.07 billion.What's cooking in IndiaIndia Finance Minister Nirmala Sitharaman said that she expected the nation's central bank to launch a central bank digital currency (CBDC) or digital rupee this year. The announcement ratcheted up the competition with China which will be the first country to make a CBDC a staple of their monetary system.Global updates
US President Joe Biden signed an executive order on Wednesday requiring the government to assess the risks and benefits of creating a central bank digital dollar, as well as other cryptocurrency issues, the White House said. Conservative Party candidate Yoon Suk-Yeol, a former top prosecutor who promised to deregulate the crypto industry, will become South Korea’s next president. Binance Holdings is in talks to obtain a license to operate in Dubai, Bloomberg reported Wednesday, citing a person familiar with the matter.Expert TakeIn a watershed moment, the Biden Administration issued an executive order to examine the risks and benefits of cryptocurrencies,
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