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India is set to make a decisive move on crypto currency regulations following recent global discussions, leaning away from an outright ban. The nation plans to align its crypto regulations with recommendations of the International Monetary Fund (IMF) and Financial Stability Board (FSB). India rethinks ban India has consistently advocated for a unified global regulation for Bitcoin (BTC) and other cryptocurrencies, focusing on curbing tax evasion and money laundering. Initially, the Reserve Bank of India (RBI) pushed for an outright prohibition of cryptocurrencies, comparing the latter to gambling. However, authorities have since underlined the futility of a single-country ban and emphasized the significance of reaching a shared agreement on the fundamental regulations outlined by the IMF and FSB. This stands as a pivotal point in the ongoing crypto discourse. G20 leaders rally behind IMF-FSB recommendations The recent G20 leaders’ summit has endorsed the IMF-FSB recommendat...

Join Our Telegram channel to stay up to date on breaking news coverage The last 24 hours have been great for memecoins, and Twitter can’t stop talking about it. Among these top trending cryptos on Twitter is Tamadoge, a brand-new utility-based memecoin winning hearts with its P2E ecosystem that brings memecoin to the metaverse. Tokens like Floki Inu aren’t far behind as they are also trying to break through their pre-conceived joke-based status quo and provide possible use cases for the user base. Including those memecoins, here are the rest of the top trending tokens on Twitter in the last 24 hours. Top Trending Tokens on Twitter and Why Are They Trending Whenever there is a disruption within the blockchain ecosystem, Twitter notices. These top trending tokens on Twitter are making big waves in the crypto space, and the crypto crowd is here for it. Tamadoge: A Utility-based Memecoin The top trending coin on Twitter right now is Tamadoge. This utility-based memec...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Getting started with cryptocurrency is easier than ever thanks to the growth of crypto exchanges and other on-ramps. However, choosing what tokens to buy as a crypto beginner can still feel daunting. In this guide, we’ll highlight the 10 best beginner crypto to buy in 2022 and help investors start building a beginner crypto portfolio. The 10 Best Beginner Cryptos to Invest in 2022 We’ve explored hundreds of crypto projects to bring new investors the 10 best beginner crypto to buy today: Dash 2 Trade - New Token Powering Trading Platform for Beginner to Advanced Traders RobotEra - Rival to The Sandbox and Decentraland, With Mass Appeal to Gamers IMPT - One of the Best Sustainable Crypto Tokens in 2022 Calvaria - Highly Anticipated Play-to-earn Crypto Game with NFT Battle Cards Bitcoin - The Cryptocurrency Mar...

Crypto Tony revealed in a tweet today that a descending triangle has formed on DOT’s charts. The trader predicted that DOT’s price breaking below this pattern could be a good short opportunity. Meanwhile, DOT was changing hands at $4.26 after a 24-hour loss of 0.52%. The cryptocurrency trader and analyst Crypto Tony tweeted today that a clear descending triangle pattern has formed on Polkadot’s (DOT) trading charts. Consequently, the trader predicted that a break below the base of the pattern may be a good short opportunity. $DOT / $USD – Update Probably the most clear descending triangle pattern we have here legends. Break below we short, or bounce up. we long up to the trend line pic.twitter.com/hVqh1kueNQ — Crypto Tony (@CryptoTony__) September 9, 2023 On the other hand, the trader stated that a bounce from the base of the chart pattern could signal a long opportunity. In this scenario, he speculated that DOT’s price may climb to as high ...

A new B2B BNPL package created in collaboration between Allianz Trade, Santander Corporate, and Investment Banking, and Two is targeted at major international corporations. The firms have created a one-stop service for corporates to provide business purchasers fast delayed payments at the checkout by combining Allianz Trade’s experience in trade credit insurance with Two’s B2B BNPL technology and Santander CIB’s working capital program. Santander CIB funds upfront payments to sellers and credit terms to buyers internationally with a single API interface driven by Two, and Allianz Trade safeguards the whole value chain against the risk of non-payment. To lessen the need for complex operating models with several suppliers across technology, trade insurance, and trade credit, sellers will have access to worldwide multi-currency assistance. Using its global corporate database, which contains commercial, financial, and strategic information on more than...

Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan is exploring a blockchain-based digital deposit token for expediting cross-border payments and settlement, Bloomberg reported, citing people familiar with the matter. The bank has already developed most of the supporting infrastructure required to handle the new form of payment and will be ready to launch it within less than a year of regulators giving it the go-ahead, the story said. JPMorgan is set to revolutionize payments and settlements with a blockchain-based deposit token system. Pending regulatory approval, faster transactions and lower costs could become a reality for corporate clients within a year. This marks a significant step in the evolution of… — Bincoti Trading (@Bincoti_Trading) September 8, 2023 New Deposit Tokens For Speedy Cross-Border Settlement The new deposit tokens will first be launched for corporate clients to help speed up payments and settlements and red...

As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report. Rario, a Polygon-based platform issuing cricket-related nonfungible tokens (NFTs), has reportedly seen its founders leaving the firm after two years since launch. Founders of Rario, including Rario CEO Ankit Wadhwa and chief technology officer Sunny Bhanot, are being pushed out as investors at the startup to exert greater control over the platform, TechCrunch reported on Sept. 8. Rario CEO Ankit Wadhwa (left) and CTO Sunny Bhanot (right). Source: TechCrunch Dream11, a major Indian fantasy sports platform and the largest backer of Rario, is being ousted as well, according to the report. As part of other restructuring efforts at Rario, a number of roles are also being removed, the report said. Apart from Dream11, Rario has some prominent investors including the global investment company and cricket legend Sachin Tendulkar. In April 2022, the cricket NFT platfor...

Join Our Telegram channel to stay up to date on breaking news coverage FinTech Channel reviewed Love Hate Inu an exciting vote-to-earn (V2E) meme coin with valuable use cases for his 100,000 YouTube subscribers. Love Hate Inu aims to bring real-world utility with its revolutionary V2E concept and a devoted team backing the project, infusing something new into the meme coin sector that has long anticipated such a transformation. Fintech Channel Love Hate Inu Presale Review Love Hate Inu started its presale on March 7 and has already raised an astounding $4.4 million to date, which is a significant accomplishment for the young project. Before the token ever hits the first CEXs, early investors in the Love Hate Inu presale will have received a 70% return on their investment by the end of the eighth and final stage. As noted earlier, investors who made purchases during the first presale stage will receive a 79% return on their investment when the LHINU presale concludes. For th...

In a Sept. 6 post on X, Lookonchain pointed out that Polygon Foundation had transferred millions of dollars worth of MATIC, their native token, to Binance, the world’s largest crypto exchange. Such transfers are often interpreted as bearish. However, Sandeep Nailwal, the founder of Polygon Labs, has since denied this claim saying it was a case of mislabeling. The blockchain analytics tool, Lookonchain, flagged two addresses, “Polygon Foundation: 0x8d36” and “Polygon Foundation: 0xf957,” which had collectively moved $5.5 million worth of MATIC to Binance in a month. Of this, more than half was allegedly deposited on the exchange in the last two days. Is Polygon Foundation selling $MATIC? We noticed that "Polygon Foundation: 0x8d36" deposited 6M $MATIC ($3.35M) to #Binance in the past 2 days. And another address "Polygon Foundation: 0xf957" deposited 4.6M $MATIC ($2.57M) to #Binance in the past 30 days. pic.twitter.com/zsQsB9PF3g ...