Bitcoin experienced fluctuations after President Trump’s proposal for a national strategic crypto reserve. Initial optimism turned to caution, impacting various cryptocurrencies like bitcoin, ether, and XRP. Investors and analysts have expressed concerns about the initiative potentially benefiting insiders at the expense of taxpayers. Despite excitement in the crypto industry, regulatory uncertainties persist.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates