India is reportedly working on regulations that would outlaw Bitcoin as a currency but legalize it for use as an asset. It’s still not clear which regulator will oversee the…
Browsing: India
India’s PM has led a meeting in which officials agreed to formulate regulations for the cryptocurrency industry. This is a change of tune from the previous stance in which it…
Shiba Inu has risen 50 percent in 24hrs, hitting a $39B market cap, surpassing Robinhood, Societe Generale, and Deutsche Bank. Some industry analysts think the sudden interest in the token…
Teenagers in India are fast taking on crypto investments, driven by high profits and pandemic boredom. Young investors are using their pocket money to purchase crypto tokens. Indian teenagers are…
A report by an inter-ministerial panel on cryptocurrency points to cryptocurrencies being classified as commodities in India. One of the most populated, adoptive and crypto-friendly countries, clarity on crypto regulation…
Following Vietnam, Indian is the second country with the highest rate of crypto adoption in the world. Around 40 percent of Vietnamese hold crypto, 30 percent of Indians own cryptocurrency.…
Only $20 million of India’s crypto Covid-19 relief fund has been cashed out so far. Nailwal disclosed that India’s Foreign Regulation Contribution Act has forced them to slowly exchange the…
Total crypto investment in India has hit $40 billion from $200 million in the previous year. Gold futures on the other hand are near a two-month low in the country.…
15 banks in India have formed a new company to process Letters of Credit within the country using blockchain technology. The public banks include the State Bank of India, Bank…