top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Cryptocurrency

1 Apr 2022

Kyrgyzstan MP Plans to Authorize Crypto and Establish National Cryptocurrency

The Index Today

A member of Kyrgyzstan’s parliament, Karim Khanjeza, has proposed plans to legalize cryptocurrency in the country.

According to DailyCoin, Khanjeza voiced his support for crypto at a meeting with the parliamentary committee on law and order, and called for legislative provisions and adjustments to be made to incorporate digital currencies into the country’s economy.

Hailing India’s recent positive move on crypto, the MP said, “Nothing is growing as fast as cryptocurrency. India has already announced that it will become a global hub for virtual assets.” Khanjeza also revealed plans of establishing a national cryptocurrency in Kyrgyzstan under the guidance of its central bank to enable the advancement of the country’s standing as a digital asset-friendly nation.

The Kyrgyzstan government has already sanctioned provisions to facilitate crypto exchanges in the country with Bitcoin legally recognized as a commodity.

©Photo: cointelegraph

Clay pottery with table linens
bottom of page