The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency. With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing … Read more
Joining the Indian government in regulating the crypto sector and making it safe for engagement, the Bharat Web3 Association (BWA) has laid down some rules for service providers in the crypto sector to adhere to. The Web3 industry group has released guidelines for crypto exchanges to follow while considering the listing of new altcoins on … Read more
Microsoft-owned GitHub has laid off 142 people in India, including the entire staff in its engineering division, people aware of the development said on Tuesday. Those affected by the decision were deployed across the company’s offices in Bengaluru, Hyderabad, and Delhi. When contacted, a GitHub spokesperson said the decision was part of the company’s reorganisation … Read more