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,…
Indian Supreme Court Delays hearing on Crypto Ban
The Indian Supreme Court has decided to delay its full hearing of a high profile case against the reserve bank of India’s (RBI) ban on bank’s dealings with crypto-related businesses. Kashif Raza, who is the founder of Indian crypto regulatory…
India is Looking at Blockchain Technology as the Next Step in Contemporary Warfare
India’s defense minister believes that Blockchain technology is the next step in contemporary warfare. While addressing an envoy of over eight nations on Monday November 4, in a precursor event to February 2020’s India DefExpo conference, the minister said that…
Indian cryptocurrency entrepreneur criticizes the India crypto ban
India has clamped down hard on cryptocurrencies while encouraging blockchain. A complete ban could be in the pipeline and an entrepreneur has recently criticized the India crypto ban.
Indian Crypto Exchanges set their Sights on New Markets
Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…
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,…
