NFT News by Thebittimes.Com

DWF Labs has further solidified its alliance with the FLOKI ecosystem by substantially acquiring FLOKI tokens valued at $1.25 million .  DWF Labs executed this acquisition over the counter, highlighting strong belief in the meme coins in the ongoing bull market. DWF LABS PURCHASES AN ADDITIONAL $1,250,000 IN TOKENS TO SUPPORT THE FLOKI ECOSYSTEM Industry-leading digital asset market maker and multi-stage Web3 investment firm DWF Labs purchased an additional $1,250,000 in $FLOKI tokens from the #Floki Treasury and has expressed a strong… pic.twitter.com/Z7z2AaaBKl — FLOKI (@RealFlokiInu) December 5, 2023 You might also like: BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again FLOKI’s price has been incrementally growing throughout the past year. Although memecoins have been notably stale throughout the first half of 2023, FLOKI’s price has soared by over 300% in a year. The acquisition of DWF Labs earlier today further boosted the memecoin’s pri...

India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven regulatory framework” for crypto. India to Discuss Crypto Regulatory Framework With G20 Member Countries Indian Finance Minister Nirmala Sitharaman shared the government’s plan regarding crypto regulation Saturday before concluding her trip to Washington, D.C., to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, PTI reported. The finance minister told a group of Indian reporters that crypto will be part of India’s agenda during its G20 presidency. Noting that various organizations are doing their own research on cryptocurrency, she said: We would definitely want to collate all this and do a bit of study and then bring it on to the table of the...