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…
The Sandbox Reveals Audacious Goals for Metaverse Market Expansion in India
The renowned blockchain-based virtual world and game platform, The Sandbox, has identified India as its primary area for growth. In only two years, they hope to have India as their largest market. The Sandbox is rather optimistic about the amount…
Indian State, Uttar Pradesh Spearheads Innovation by granting Funding for 100+ AI and Blockchain Research Projects
Technology in Uttar Pradesh is being promoted by the Department of Science and Technology. More than 100 relevant research projects, including those involving blockchain technology and artificial intelligence, have recently been approved. These programs are overseen by prestigious universities including…
Scammers Exploit Charity to Perpetrate $250 millions (₹2,000 Crore) Fraud in Himachal – India
The special police squad continued to investigate and discovered that the fraud had an estimated value of ₹2,000 crore. This team is now requesting support from the income tax department and the Ministry of Finance’s Financial Intelligence Unit. Their goal…
