Osato is a fintech journalist and Bitcoin enthusiast. When not reporting on the latest cryptocurrency news, he can be found pouring over old history books or trying to beat his Scrabble high score.
The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities.
China’s state planning agency calls for public opinion on Bitcoin mining ban
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
Grayscale parent company expands GBTC purchase allocation to $1 billion
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period.
Pakistani high court orders government to regulate crypto in three months
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
Crypto adoption in the real estate market could see fractional property ownership becoming more popular.
Blockchain brings the sharing economy to real estate investing
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.
Right-wing Indian group calls for stricter crypto regulations
Despite anti-crypto regulatory policies, the cryptocurrency market made steady gains throughout Q3 2021.
Q3 saw significant crypto market recovery from May crash, says new report