Cryptocurrency news: If found guilty under PMLA, the person who committed money laundering can be awarded rigorous imprisonment for a minimum of three years up to seven years, with a fine
Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year
The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary
CoinSwitch is expected to launch its new products by 2023 to become the first Indian crypto company to diversify into other asset classes
The total market cap has improved marginally from $855 billion last Friday to $859 billion on December 9
Bharat Web3 Association says collapse of USA's FTX highlights 'lacunae in corporate governance'
BlockFi said in a statement that it will use the Chapter 11 process to "focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities"
Cryptocurrency news: On Friday, the crypto market cap was at $826 billion, Bitcoin was trading at $16,451 and Ethereum at $1,180
The cryptocurrency market cap remained below $850 billion in the last seven days, and on Friday, the market cap was $835 billion
The collapse began earlier this month when Binance CEO Changpeng Zhao announced his exchange was liquidating all FTX tokens
With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon
It's unclear exactly who's making the transactions, but you wouldn't expect to see these on-chain trades at this time: Alex Svanevik, chief executive officer at Nansen
The collapse this week of FTX dealt another blow to the cryptocurrency industry, which has seen severe volatility and bankruptcies of other high-profile firms, including Celsius Network Ltd
Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day
On Tuesday, the world's biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX's finances
Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"
Crypto exchanges have been asked to furnish details this month itself
Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released
Volumes tumble over 80% in Jan-Sept; several entities receive 'drawdown notices' from investors
More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed