In the meantime, the Indian government is considering a middle path on cryptocurrencies, as it finalises legislation on the virtual asset to be introduced in the upcoming winter session of Parliament. The hard-line stance for an outright ban of cryptos is not being found feasible in view of large investments in such instruments by Indians, and these unregulated virtual currencies are also unlikely to be allowed as a legal tender.
Take a deep dive into the Shiba Inu white paper for its ultimate goal. It is a part of a very robust token ecosystem. But there’s nothing to be done with these tokens. You can farm them, you can stake them, you can vote with them. However, there’s no end goal but to gain value.
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Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns.
It follows recent crashes brought on by Tesla making a u-turn on accepting Bitcoin as payment for its products and China clamping down on initial coin offerings, block exchanges and warned against speculative trading.
Healthcare 3D Printing Market to Reach USD 4957.1 Million by 2027 at a CAGR of 20% | Valuates Reports
According to the BLS, rising energy costs fueled a rise in CPI, but for at least six months, analysts have tracked the rising costs of food and other goods. The current CPI is the highest it has been since October 1990. Core inflation, a figure that ignores the impact of the rising cost of goods, showed a 4.6% increase, a level not seen since 1991.
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China makes all crypto currency transactions illegal after ordering shut down of Bitcoin mining in Sichuan province
FIRST IN PI — VIATRIS’ JASO JUMPS TO BROWNSTEIN: Joe Jaso is joining Brownstein Hyatt Farber Schreck’s government relations team as a policy director working on state and federal issues. He joins the firm from Viatris, the company formed through the merger of Pfizer’s Upjohn and Mylan, where he was head of U.S. state government affairs. He was Mylan’s head of state government affairs prior to the merger. He was also vice president of federal affairs at McGuireWoods Consulting and a vice president at Dutko Worldwide.
After that, five percent of the tax is then allocated to people who still own SafeMoon currency. This is to prevent the price from dropping as people start selling the token.
The cryptocurrency market is a vast and sometimes confusing place with different coins to choose from.
But before you look further make sure you’re aware of the risks when it comes to cryptocurrencies in general.
Though both assets posted a quick recovery, the event has made a significant impact on the market. Bitcoin retraced by 7.4% a few hours after making a new all-time high at $67,000.