DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS for 13th Nov 2021

@jatinhota 73

over 3 years ago

cryptocurrency

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Top Crypto Events Planned for Tomorrow

1 - IRISnet (IRIS): Hub 1.2 Mainnet Upgrade

IRIS Hub 1.2 Mainnet Upgrade is upcoming with brand-new #TIBC protocol and improved #NFT features.
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2 - Polkacity (POLC): Token Burn

800K USD worth of POLC (at the price of sale day) will be burnt on 14th November 5 PM UTC.
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Some World Crypto News

#1 - The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks for financial stability.

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#2 - AMID RENEWED parleys within policy and regulatory circles on the need to define and regulate cryptocurrencies, the Parliamentary Standing Committee on Finance has called cryptocurrency associations and industry experts on Monday for a meeting on ‘CryptoFinance: Opportunities and Challenges’.
The Finance Ministry has already held multiple meetings with financial sector regulators and industry stakeholders over the last few weeks to deliberate on the need for a legislative framework on cryptocurrencies. Though the Reserve Bank of India and the Securities and Exchange Board of India have voiced their concerns over the unregulated growth of the sector, a consensus seems to be emerging among a section of policymakers in favour of defining cryptos as an asset class, but not as legal tender.

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