Crypto Currency

  Photo by  Karolina Grabowska  from  Pexels Until recently, most financial institutions simply ignored the word Bitcoin as well as other crypto-assets. Some ignored, others did not see any viability in the industry or pretend that not to see the industry altogether. They were publicly against and often caused difficulty for clients to use and commercialize crypto assets. But now many banks decided to surf this new wave high valued assets, where each Bitcoin is equivalent to more than $ 00 thousand reais. Many banks are diving into this new opportunity and announcing plans to incorporate custody of Bitcoin and possibly other cryptocurrencies in their selection of services.   In this article, I will mention few large financial Institutions that recently announce their plans publicly.   According to Cointelegraph, JP Morgan is considering investing $ 150 million in bitcoin. Also, recently announcing its intention to safeguard cryptocurrencies for its cli...

 "We're not going to shut it off all" - on Crypto :Finance Minister Nirmala Sitharaman (India) Yesterday, at India Today Conclave - South, India's Finance Minister Nirmala Sitharaman spoke on varied topics related to India's policies and strategies on trade, finance and economy on a whole. The subject ranged from some corporate issues to international legal arbitrations to Government's stance on retrospective taxes to cross-border trade with China to Atma Nirbhar Bharat scheme to 5G tech as well as to India's stance on cryptocurrencies. Finance Minister was not timid to comment that India is not going to shut off all options towards cryptocurrencies. In fact, India has a lead advantage in fintech space and she want to take it up in a big way. Work on blockchain tech is in progress in several Indian States.   "On fintech, and on blockchain, there is a lot of work going on and we'll certainly encourage them"   The content of the cabinet note is...