HSBC, HDFC and Citi are now requiring Indian crypto traders to provide information about their activities or they risk losing their funds.
The Indian government has said it is leaning towards regulating cryptocurrencies rather than completely banning private cryptocurrencies.
Tesla and SpaceX founder Elon Musk said he is a supporter of bitcoin, although he believes that he was late for the party.
Bank of Singapore, a private banking arm of OCBC Bank, has said cryptocurrencies have the potential to replace gold as a store of value.
Bank of England (BoE) Governor Andrew Bailey said that existing cryptocurrencies will fail over the longer term due to their robust privacy features.
The US Senate has confirmed President Joe Biden's nomination of Janet Yellen as Treasury Secretary on Monday in an 84-15 vote.
Janet Yellen, Treasury Secretary nominee, stated that cryptocurrencies had the potential to “improve the efficiency of the financial system.”
Ethereum bears have regained momentum after the price found resistance around $1,290 to $1,280 area. Ethereum broke below $1,160 area.
State Duma deputies are considering a new bill that will allow individuals in Russia to use anonymous digital wallets.
China is planning to sell confiscated cryptocurrencies worth $4.2 billion in its crackdown against the PlusToken pyriamid scheme.