Indian lawmakers will propose a sweeping ban of cryptocurrencies, Reuters said. The potential ban could be a major blow to cryptocurrency by criminalizing, trading, mining and even holding of the digital assets, going further than even China’s restrictions. India is one of the emerging regions for trading in the bitcoin and other similar digital currencies. But, like China, India wants...
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The Briefing startups uber/lyft
Oscar Health’s New CEO Has a Tough Job—but Lyft’s New CEO Has It Worse
Mark Bertolini must be feeling pretty good. Since he was named the new CEO of Oscar Health on Tuesday, Oscar’s long-suffering stock has bounced 78%. OK, skeptics will point out that bounce was off a very low base—the stock was at $3.59 on Monday. And even after the rally, Oscar stock is still down 84% from its initial public offering price. But any stock lift is better than the alternative,...
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