Stage set for return of Binance, Kucoin to India

Stage set for return of Binance, Kucoin to India

In December, India’s Financial Intelligence Unit (FIU) called for blocking web addresses of a number of global crypto firms which were not registered in the country, over concerns that some of them may be misused for money-laundering. On Friday, FIU said that it has lifted Kucoin’s suspension after the exchange paid a fine of around … Read more

Bitcoin falls 5% to $57,000 ahead of Fed decision, slumps 16% in April

Bitcoin falls 5% to $57,000 ahead of Fed decision, slumps 16% in April

Bitcoin experienced a nearly 6 per cent decline on Wednesday, marking its the worst monthly performance since April 2022. This downturn occurred as investors withdrew funds from cryptocurrencies in anticipation of an interest rate decision from the Federal Reserve.  April witnessed a substantial drop of almost 16% in the value of the most traded cryptocurrency … Read more