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Tag: News Bytes – 2

Readers Dessert September 2, 2025
  • Bitcoin

India Flags Hidden Crypto Practices That Mirror Global Exchange Failures

Readers Dessert September 2, 2025
India’s financial watchdogs have reportedly uncovered a troubling trend in the cryptocurrency sector, where client deposits on exchanges are being redeployed without investor knowledge. According to the income tax department’s investigation, platforms…
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Readers Dessert August 14, 2025
  • Bitcoin

Strategy Makes It Official—Legal Name Switch Hints at Bigger Moves

Readers Dessert August 14, 2025
Strategy Inc. (Nasdaq: MSTR/STRK/STRF/STRD/STRC) announced on Aug. 14 that it has officially changed its legal name from Microstrategy Inc. to Strategy Inc., effective Aug. 11, 2025. This formal transition completes the rebranding…
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Readers Dessert June 25, 2025
  • Bitcoin

BRICS Trade Surpasses $1 Trillion as Putin Highlights Global Role

Readers Dessert June 25, 2025
BRICS nations have broken the $1 trillion trade barrier as Russian President Vladimir Putin emphasized their expanding influence and ambitious projects reshaping global development. With trade volumes exceeding $1 trillion, BRICS members…
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Readers Dessert May 30, 2025
  • Bitcoin

India May Release Crypto Regulation Discussion Paper in June: Report

Readers Dessert May 30, 2025
India may unveil a comprehensive discussion paper in June aimed at shaping crypto asset regulations, drawing heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). This…
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Readers Dessert December 24, 2024
  • Bitcoin

Russia Reveals 20+ Countries Eye BRICS—Is a New Global Order Forming?

Readers Dessert December 24, 2024
BRICS is drawing interest from more than 20 nations eager to establish stronger ties, Russian Presidential Aide Yury Ushakov revealed. “The doors of the association remain open to like-minded countries. At the…
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Readers Dessert December 3, 2024
  • Bitcoin

Indian Expert Questions Legality of US Sanctions on BRICS Over Dollar Exit

Readers Dessert December 3, 2024
Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and…
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Readers Dessert December 2, 2024
  • Bitcoin

China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption

Readers Dessert December 2, 2024
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay.…
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Readers Dessert November 17, 2024
  • Bitcoin

DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme

Readers Dessert November 17, 2024
The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to…
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Readers Dessert November 16, 2024
  • Bitcoin

Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks

Readers Dessert November 16, 2024
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy…
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Readers Dessert November 15, 2024
  • Bitcoin

UK Crypto Rules Poised to Shift as Trump’s US Policy Gains Momentum

Readers Dessert November 15, 2024
The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK’s position as a global crypto hub amid increasing competition from the U.S., where recent policy…
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