crypto products

The price of Bitcoin, the world’s most popular cryptocurrency, skyrocketed to a new all-time-high record on Tuesday afternoon. The development follows concerns that the global interest rates may fall, prompting investors to look significantly into U.S. spot exchange-traded crypto products. According to the data published on coinmarketcap, a platform that tracks live time market data of digital coins, the price of Bitcoin climbed to $69,170.63 on Tuesday—the highest rate the digital token has ever reached since it…

India should consider a regulatory sandbox approach to deal with issues related to crypto products and services, economic think tank GTRI said in its report on Sunday. Regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain relaxations for the limited purpose of the testing. The Global Trade Research Initiative (GTRI) said that in the light of crypto's acceptance in the regular financial system in the US,…