• The US Congress has introduced 50 legislation related to digital assets and blockchain rules

    The US Congress has introduced 50 legislation related to digital assets and blockchain rules0

    The US Congress has expanded on its desire to regulate cryptos and other digital assets after careful examination. The legal ambiguity surrounding digital assets has become a major cause of concern in several global economies. The recent Terra collapse, in which the cryptocurrency market lost $15 billion, has only highlighted the necessity for regulation. In

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  • The Indian Finance Minister hails blockchain technology

    The Indian Finance Minister hails blockchain technology0

    While hailing blockchain as “extremely necessary,” Indian Finance Minister Nirmala Sitharaman stated that the “inherent risk” of this nascent technology necessitates prudence. Private cryptocurrencies like as bitcoin, on the other hand, are “pretty well disseminated” in India, according to her. Sitharaman explained that while the Indian government supports the use of distributed ledger technology (DLT),

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  • Algorand goal is to turn network transaction costs into carbon offsets

    Algorand goal is to turn network transaction costs into carbon offsets0

    Algorand, a proof-of-stake blockchain technology, will implement a smart contract that will automate the network’s carbon emissions offset. Algorand has announced that a new smart contract within its blockchain network will automatically process a portion of each transaction fee to acquire verified carbon credits at ClimateTrade, a blockchain-based carbon offset marketplace. According to Staci Warden,

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