Crypto investments gaining currency – The Hindu BusinessLine

Crypto investments gaining currency - The Hindu BusinessLine

With cryptocurrency trading booming in the country, the average investment by individual investors is on the rise. Despite concerns around the legality of cryptocurrencies and regulatory uncertainties , the average investment per individual has gone up to ₹10,000 from ₹6,000-8,000 a year or two back. Targeting next-genSathvik Vishwanath, co-founder of cryptocurrency exchange Unocoin, said the … Read more

South Africa may disallow crypto investments for pension funds

South Africa may disallow crypto investments for pension funds

South Africa features in the top 20 countries in the world, in terms of crypto adoption. Also, in a first, crypto trading in the country recently exceeded $141 million levels. Having said that, a local report claimed that South African pension funds will be barred from including Bitcoin and other crypto offerings under new draft guidelines. If … Read more

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations – Regulation Bitcoin News

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more