Last Updated : December 11, 2021 / 08:29 AM IST
Top cryptocurrency news of the day: Major stories on Bitcoin, crypto regulation and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day.
Cryptocurrency Prices Today on December 11: Bitcoin falls 1%, Ethereum sheds nearly 5%
Major cryptocurrencies were in the red during early trade on December 10. The global crypto market cap dropped to $2.20 trillion from $2.27 during the last 24 hours, while the trading volume rose to $106.65 billion from $105.35 on Friday, 10 December. Read more here.
Softbank-backed Brazilian crypto company launches new venture unit
Softbank-backed Brazilian company 2TM, which runs the largest cryptocurrency exchange in Latin America, has launched a venture capital unit focusing on blockchain companies around the world, the company’s chief executive officer said in an interview. Read more here.
Crypto industry urges Parliamentary panel to introduce licensing for exchanges, KYC and FEMA norms for customers
Crypto exchanges have suggested that the government can regulate cryptocurrencies by introducing a licensing regime for exchanges and other intermediaries and bringing in strict norms to track funds used in crypto trading, Moneycontrol has learnt from sources. Read more here.
Binance in talks with Indonesia’s richest family for crypto venture: Report
Binance Holdings Ltd., the operator of one of the world’s largest crypto exchanges, is in talks with PT Bank Central Asia (BCA), and state-owned PT Telkom to set up a cryptocurrency trading exchange, according to a Bloomberg report.