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India CBDC Insider Reveals Current Stance of Country's Central Bank

India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Web3

Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout

The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors

Karim Chaib, Web3Intelligence CEO (Web3Intelligence)

Finanzen

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

FTX logo (Adobe Firefly)

Finanzen

Investment Firm With $1B Assets Looks to Invest in Bitcoin Mining With Fabiano Consulting

Deus X Capital partnered with Fabiano Consulting to provide funding and strategic advice to miners.

Deus X CEO Tim Grant (Left), Amanda Fabiano of Fabiano Consulting (Right). (Deus X/Fabiano Consulting)

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Finanzen

Solana Mobile to Sell Second Crypto Smartphone

The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

The Saga smartphone. (Danny Nelson/CoinDesk)

Finanzen

Google Cloud Joins Flare Network as Validator, FLR Jumps 5%

Flare, which calls itself "the blockchain for data," gives developers access to decentralized data via its Oracle system

Google logo on the front of a building

Richtlinien

Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says

Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his Montenegro lawyer Goran Rodic told CoinDesk.

Terra Community AMA with Do Kwon (April 2021)  (Terra, modified by CoinDesk)

Finanzen

UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors

The banking giants' decisions contrast with Vanguard's decision to bar customers from buying bitcoin ETFs.

UBS logo (Claudio Schwarz/Unsplash)

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Finanzen

Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources

Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.

Goldman Sachs CEO David Solomon (Lester Cohen/Getty Images)

Richtlinien

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source

Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

New Delhi, India (Unsplash)