India’s growing economy and advancements in digital payments bring attention to its stance on Bitcoin. Bernstein’s report questions whether India’s focus on Central Bank Digital Currencies has led to overlooking Bitcoin’s potential. While other countries are incorporating Bitcoin into their…
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Crypto adoption in Bengaluru, India with auto-rickshaw driver trending
Crypto adoption has made significant strides across various sectors, transcending boundaries and reaching even the most unexpected places. The story of an auto-rickshaw driver in Bengaluru willing to accept cryptocurrency as a form of payment exemplifies this shift. This development…
Binance Crypto Exchange Reopens in India After Securing Local Registration
In recent developments, global cryptocurrency exchanges, including Binance, have resumed operations in India after being temporarily banned. These exchanges were initially restricted due to their lack of registration with the Indian authorities. However, the landscape has since shifted, allowing Binance…
India Grants Binance and KuCoin Approval Signaling Shift in Crypto Industry Credibility
In a significant development for the cryptocurrency industry, Binance and KuCoin, two prominent offshore crypto platforms, have received approval from India’s Financial Intelligence Unit (FIU-IND), the anti-money laundering unit under the country’s Finance Ministry. This comes after a previous ban…
India and US Agencies Unite to Uncover $360 Million Crypto-Funded Drug Ring in Uttarakhand
In a momentous joint effort, law enforcement agencies from India and the United States recently joined forces to conduct an extensive search operation in Uttarakhand, resulting in the discovery of a colossal $360 million crypto-funded drug ring. The Indian Enforcement…
Binance Returns to India After Two-Year Ban and Pays $2 Million Penalty
Binance, is making preparations to re-enter the Indian market. Following a temporary ban imposed by the government earlier this year, Binance has taken significant steps to address compliance concerns and rebuild its rapport with Indian authorities. Insider reports indicate that…
Can Crypto holders influence Indian Election in 2024?
Recent years have seen a rise in the use of cryptocurrency in India—a digital money that runs without the need for a centralized authority. The emergence of cryptocurrencies in the nation has spurred concerns about how they may affect other…
KuCoin Achieves Compliance with India’s FIU-IND Amid Strict Cryptocurrency Regulations
The FIU-IND, essential in India’s financial crime prevention efforts, scrutinizes financial transactions to combat money laundering. Cryptocurrency exchange KuCoin navigated regulatory challenges to align with FIU-IND’s strict compliance requirements, amidst India’s tight cryptocurrency regulations. Achieving compliance, KuCoin has been recognized…
India Archives 7.93 Million Government Records on 5 Different Blockchain Platforms
India’s National Informatics Centre (NIC), operating under the esteemed Ministry of Electronics and Information Technology, has embarked on a groundbreaking initiative to transform government operations through the power of blockchain technology. With nearly eight million government-issued verifiable documents securely hosted…
Indian Railway Introduces NFT Train Tickets for Semi-High-Speed Trains Celebrating Holi Festival
The Indian Railway Catering and Tourism Corporation (IRCTC) has taken a significant step towards modernizing train ticketing by introducing nonfungible token (NFT) train tickets for two newly launched semi-high-speed trains. This innovative initiative aims to provide passengers with a unique…
StilachiRAT Malware affects crypto wallets via Chrome add-ons – Microsoft
A newly uncovered remote access trojan (RAT) named StilachiRAT is posing a serious threat to…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
