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…
Mudrex Launches US Spot Bitcoin ETFs for Indian Investors
Mudrex, the Indian cryptocurrency investment platform, has announced its plans to introduce U.S. spot bitcoin exchange-traded funds (ETFs) to institutional and retail investors in India. This move marks a significant milestone for Mudrex and the Indian crypto space, as it…
Pi42: A New Era for Crypto-Rupee Futures Trading in India, Focused on Legal Compliance and User Empowerment
Indian crypto veterans Nischal Shetty and Avinash Shekhar have recently launched Pi42, a crypto-INR perpetual futures exchange. Designed to cater to the needs of over 30 million crypto investors in India, this platform aims to provide a seamless trading experience…
Indian Crypto Industry Disheartened but Optimistic as India Stays Firm on Stringent Taxation
Recent years have seen a sharp increase in the acceptance and popularity of cryptocurrencies, resulting in a thriving market with enormous potential. However, a complex network of tax laws and high tax rates have been impeding the growth and innovation…
Reserve Bank of India Gives a Serious Warning to Indian Crypto Enthusiasts
A severe warning has just been issued to everyone in India who invests in cryptocurrency by Reserve Bank of India governor Shaktikanta Das. He wants people to be aware that investing in these virtual currencies has some extremely high dangers.…
Supreme Court of India Asks Union Government’s Input on Crypto
The union government informed the Supreme Court on January 20 that they had not yet decided on a framework for regulating cryptocurrencies and thoroughly investigating any offenses associated with them. The bail request of Ganesh Shiv Kumar Sagar, who was…
Probe Confirms Money Moved Back to India via Hawala Network: Himachal Crypto Scam
The Special Investigation Team of Himachal Pradesh police completed their investigation in the crypto scam, and a charge sheet was created. It is a list of accusations made against the individuals they believe were responsible for the fraud. The prosecution…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
