Daily Crypto News- Senator introduces bill to enable the use of crypto for payments

PancakeSwap and CryptoBlades Boast Most Users Across DeFi CryptoBlades and PancakeSwap are the top two decentralized Applications (dApps) in terms of total users. CryptoBlades currently has over 380,000 users while PancakeSwap comes in second with nearly 267,000 users. The recent rise of NFT gaming has seen CryptoBlades garner huge interest and propel itself to the…

Bitcoin Daily Transaction Volumes Are Up 94% According to On-Chain Data, Rally May Not Be Over Just Yet

Following the surge of the previous week, Bitcoin has recently lost traction. The digital asset had gained more than 20%, and the entire market had followed suit, gaining massively across the board. Bitcoin Daily transaction volumes are up 94% according to on-chain data. For the first time in a decade, Bitcoin has closed in the…

Government Intends to Introduce Regulations Specific to Cryptocurrency trading in India

The Indian Ministry of Finance has responded to several inquiries on cryptocurrency trading in India, as well as crypto regulation and investor protection. The proposals in the draught bill provided by the interministerial committee are still being evaluated, according to the minister of state for finance. The Indian government responds to questions about cryptocurrency On…

New Rules and Technologies are required for Digital Currencies . More forward-thinking Legislation is Required

Regulators must collaborate with technological professionals to address crypto-crimes such as money laundering and terrorism financing. New Rules and Technologies are required for Digital Currencies Even though digital currencies have been around for a decade, the regulatory systems that regulate them are fragmented, ineffectual, and in some cases non-existent. Illicit activities flourish as a result,…