In recent times, the cryptocurrency landscape has been a subject of intense discussion and speculation worldwide. As various countries grapple with the regulatory challenges associated with digital assets, India has emerged as a key player in shaping the future of…
India’s G20 Presidency Achieves a Significant Milestone with the Global Regulatory Framework for Cryptocurrency
The impending G20 Summit, scheduled for this upcoming weekend, is set to deliberate on a blueprint and fundamental components for synchronized measures concerning crypto assets, potentially paving the way for a global regulatory framework. Crafting a Global Crypto Regulatory Structure…
The Crypto Industry Will Now be Centralized as Indian PM Calls for Worldwide Regulation at G20 Summit
The crypto industry is growing to become a huge force around the world. Apparently, many world leaders are now recognizing the impact of the crypto industry and are calling for regulations. One is the Indian PM, who recently called for…
India Requests IMF and FSB to Develop ‘Synthesis Paper’ on Crypto Assets during G20 meeting
Under its presidency, India urges International Monetary Fund (IMF) and Financial Stability Board (FSB) to craft a consolidated report on crypto assets for the G20 finance ministers and central bank governors’ meeting. The objective is to establish a cohesive and…
Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling
RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…
Web3 Will Add $1.1 Trillion to India’s GDP By 2032
Over the next ten years, the global Web3 boom is anticipated to contribute $1.1 trillion to the Indian economy, supporting the momentum created by over 450 in-house firms, including CoinDCX, Polygon, and CoinSwitch, that is based on investments. India is…
India’s Finance Minister Questions the Blockchain’s Suitability For Use In Tradeable Assets
Nirmala Sitharaman, India’s finance minister, is uncertain about the application of blockchain technology for tradable assets. The nation is advancing its digital rupee CBDC while also exploring international regulatory collaboration. Sitharaman expressed this sentiment while on a visit in the…
Crypto Exchanges in India Face Resistance from Banks
Over the past few years and most specifically with the CONID-19 pandemic cryptocurrencies have become an increasingly popular mode of investment and trading in India, where Indian youth have become more enthusiastic about it. As the younger generation is more…
Reserve Bank of India Now Looking to Unveil CBDC
The Reserve Bank of India has published a booklet with a section speaking exclusively about cryptocurrencies. The central bank through the booklet acknowledged that cryptocurrencies have gained in popularity in the last few years and confirmed that it was exploring…
India: Blockchain-based App Seeks Give a Voice to Sexual Abuse Survivors
Blockchain use cases have been going up steadily for a while now and for the most part, we in the space have only been counting commercial and industrial use cases. Off course improving ease of doing business, tracking supply chains,…
