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Elon Musk was a guest in Cathie Wood’s X Spaces on December 21 to “discuss the future.” Musk owns X (formerly Twitter), while Wood is the CEO and CIO of Ark Invest, an investment management firm interested in crypto. Notably, the well-known multi-billionaire and CEO of Tesla Inc (NASDAQ: TSLA) showed a lack of interest in crypto when asked about Bitcoin (BTC), its potential impacts on the financial and monetary system, and Tesla’s holdings. “Honestly, I have to say I don’t spend a lot of time thinking about crypto currencies. Hardly any at all.” — Elon Musk (01:15:32) https://t.co/LAdIzl7QAa — Cathie Wood (@CathieDWood) December 21, 2023 Elon Musk on the nature of money: ‘Information moving on a network’ Nevertheless, Elon Musk continued by saying he has been thinking for a long time about the nature of money. Cryptocurrency Bitcoin set for first-ever weekly Golden Cross; Start of BTC bull run? Cryptocurrency Argentina’s foreign minis...

India’s Financial Intelligence Unit has officially registered 28 Virtual Digital Assets and crypto service providers. The news comes as confirmed by Pankaj Chaudhary, the Minister of State for Finance, in a parliamentary discourse. This move also follows the Indian Finance Ministry’s March mandate, requiring crypto businesses to align with the Financial Intelligence Unit, an entity pivotal in combating money laundering . The directive necessitates these businesses to adhere to the Prevention of Money Laundering Act (PMLA), mandating stringent verification processes like Know Your Customer protocols. You might also like: India is looking at regulating or prohibiting unbanked crypto, DeFi, and stablecoins A Big development as Crypto in Parliament: Question: a request was made to provide the list of reporting entities in India ( crypto companies) dealing in VDA ( crypto ). Answer: The list of reporting entities dealing in VDA is mentioned below pic.twitter.com...