RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Thursday, up 2.70 percent to $41,266 as of 09:00 a.m. Riyadh time. Ether, the second most traded cryptocurrency, was priced at $3,107, up 1.48 percent, according to data from Coindesk. Kotak pauses crypto trade Meanwhile, Kotak Mahindra Bank, one of the few Indian financial institutions that warmly
Initial coin offerings (ICO) are already banned in the country. Not only this but transactions made in cryptocurrencies, and crypto mining are also banned in the country.
SHANGHAI (Reuters) - China warned on Wednesday of financial risks associated with non-fungible tokens (NFTs), as three industry bodies jointly issued .
Market experts said price fluctuations are normal after investors were surprised over declines in the price of wealth management products, which were especially noticeable over the past few weeks, and advised that a more prudential investment attitude should be taken during times of uncertainty.