Washington, June 4 (IANS) The Trump administration signalled on Wednesday that it intends to position the United States as the global leader in digital assets and cryptocurrency innovation, a move that could have implications for India and other major economies still grappling with the regulation and taxation of the rapidly evolving sector. Appearing before the Senate Finance Committee to discuss the administration’s fiscal year 2027 budget request, Treasury Secretary Scott Bessent outlined plan…
Latest Strategic Bitcoin Reserve News & Updates
Mumbai, Feb 6 (IANS) World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy rattled investors.Bitcoin saw its sharpest single‑day decline since late 2024 on Thursday when it slid 12.6 per cent to roughly $63,300, its lowest level since October 2024, wiping out billions of asset value in dollar terms, multiple reports said.Analysts sa…