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From Ban to Boom- Indian Crypto market is now worth over 70 Billion USD
The Indian crypto ecosystem is now worth well over $70 billion, with more than 10 million investors actively participating in the market. In 2017, this number was in the range of $13 billion, which means that we have observed a growth of 500% in the last four years, and it is also reflecting on different […] The post From Ban to Boom- Indian Crypto market is now worth over 70 Billion USD appeared first on ItsBlockchain. дальше »
2021-6-16 16:00 | |
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Indian Crypto Exchange Expects Volumes to Double
Founded in Gujarat in 2014, ZebPay currently has about 4 million customers. However, CEO Rahul Pagidipati says the exchange has seen an explosion in demand recently. Due to this, he expects trading volume to double to $2 billion per month. дальше »
2021-3-18 19:22 | |
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Here's why this billionaire wants regulators to ban Bitcoin in India
As regulators in India mulling over a bill that could ban cryptocurrencies, an Indian billionaire is looking forward to the same. Rakesh Jhunjhunwala, who has a $3.8 billion net worth, called forThe post Here's why this billionaire wants regulators to ban Bitcoin in India appeared first on AMBCrypto. дальше »
2021-2-24 01:30 | |
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Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading […] дальше »
2021-2-9 17:05 | |
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Indian Government Considers 18% Tax on Bitcoin Transactions
This new tax would clock in at 18% per transaction. Indian tax authorities are estimating this new tax could be applied to almost 40,000 crores per year. This equates to almost $5. 5 billion in countrywide Bitcoin transactions. дальше »
2020-12-29 14:41 | |
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Indian Telecoms Secures $1.2B From Pro-Crypto UAE Fund
Abu Dhabi-based Mubadala has invested $1. 2 billion in Reliance Industries, which maintains the largest telecom network in India, Reliance Jio. The deal could have an enormous impact on the newly forming digital economy of India following a similar investment from Facebook. дальше »
2020-6-9 17:08 | |
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Is Ripple looking to disrupt the $16 billion Indian remittance market? Here's Brad Garlinghouse's take
"When we look at a framework, we want regulatory clarity and that's an important one." These were the words of blockchain giant Ripple's CEO, Brad Garlinghouse, who featured in an interview with CNN'The post Is Ripple looking to disrupt the $16 billion Indian remittance market? Here's Brad Garlinghouse's take appeared first on AMBCrypto. дальше »
2020-2-18 02:00 | |
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India set to lose $12.9 billion worth of market if they proceed to ban crypto
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »
2019-8-8 20:00 | |
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Reliance Jio becomes India’s largest mobile carrier with 331 million subscribers
Three years ago in September 2016, Reliance, an Indian conglomerate with a market cap of some $115 billion, launched a new mobile carrier and broadband network in India called Jio. Today, it’s become the largest telco operator in India surpassing old horses like Bharati Airtel and Vodafone-Idea. дальше »
2019-7-29 09:03 | |
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Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more
Crypto News – 23 July – Jeremy Allaire’s Circle off to Bermuda, Indian government panel on cryptocurrencies and more Don’t forget to follow us for our daily videos pic. twitter. дальше »
2019-7-23 19:00 | |
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Indian Telecom Firms Set to Deploy Anti-Spam Blockchain Solutions
Major Indian telecom service providers including Vodafone Idea, Reliance Jio, and Bharat Sanchar Nigam Limited (BSNL) are poised to roll out blockchain-powered solutions to tackle the widespread menace of spam calls and messages faced by more than a billion mobile phone users in India. дальше »
2019-5-28 21:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Ripple Inc Partners with A $19 Billion Bank With 8 Million Customers
Ripple Inc now has a partnership with Federal Bank, a 70-year old Indian bank with $19 billion in asset and 8 million customers. There are no details as to whether the bank will leverage xRapid or xCurrent in their grand plans of increasing their remittance market share in India. дальше »
2019-3-29 15:10 | |
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India Readies 750,000 Russian Assault Rifles and a Nuclear Submarine. Is Pakistan in the Crosshairs?
India is stockpiling an enormous arsenal of weaponry and military equipment. According to an announcement on Sunday, March 3rd, India will make a quarter of a million new assault rifles for the Indian army. дальше »
2019-3-4 15:32 | |
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Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors
Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money. дальше »
2019-2-19 05:40 | |
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Indian Law Enforcement Officials Expose Crypto Scammer Group ‘CashCoin’ Who Allegedly Accumulated 1 Billion Rupees
Cryptocurrency scams happen all around the world, as these individuals seek out ways to get the profits that crypto can offer, but without the same efforts. In a report from Times of India, it looks like law enforcement officials had to crack down on one group in Mumbai, India. The group has been accused of […] дальше »
2019-2-18 05:01 | |
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Indian Telecom Operator RCom Shares Crash 50% after Racking Up $7 Billion Phone Bill
Shares in debt-laden Reliance Communications (RCom) fell close to 50% on Monday as the Anil Ambani-owned company announced that it would seek bankruptcy protection from India’s insolvency tribunal. дальше »
2019-2-5 15:57 | |
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Indian Police Arrest the Fourth Accused Person in the Cryptocurrency Project Worth over $70K
Exactly a year after Thane security operatives crushed a scam cryptocurrency project worth five billion rupees, Delhi police have reportedly arrested another associate of the head of the scheme according to local media, The Indian Express on January 7, 2018. дальше »
2019-1-9 08:00 | |
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The PewDiePie Printer Hack Can Be an Eye-Opener for Crypto Security
If you frequent YouTube then you have probably heard of PewDiePie. It is the most popular channel on the network attracting billions of visitors every day – it has attracted over 19 billion visitors over the past 5 years. дальше »
2018-12-5 19:57 | |
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Bitconnect Exchange Kingpin Who ‘Lured Investors’ Arrested in India
Murkier details of the Bitconnect cryptocurrency scam have emerged as police have arrested the head of the defunct cryptocurrency exchange. [Note: This is a guest article submitted by Bhushan Akolkar] Bitconnect — A Pyramid Scheme of Scams Last Saturday, August 18, Indian authorities arrested Divyesh Darji, the Asian head of defunct cryptocurrency exchange, in a high-profile scam worth 880 billion Indian Rupees ($12. дальше »
2018-8-21 13:00 | |
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Indian Economy could see a $5 billion upsurge thanks to blockchain says Nasscom
In a recent interview with Indo-Asian News Service [IANS], KS Viswanathan, Vice President [Industry Initiative] of Nasscom, the apex body of the $154 billion IT BPM industry in India, remarked about blockchain technology in India. дальше »
2018-7-29 11:53 | |
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Blockchain May Add $5 Billion to Indian Economy In The Next Five Years, Expert Says
Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years. дальше »
2018-7-28 17:24 | |
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Ripple Sets Out to Upstage Bitcoin in India
Ripple, the third-ranked cryptocurrency by market capitalization, is looking to capture the Indian cryptocurrency market. The company has identified the country as a pivotal cog in the wheel in its quest to upstage Bitcoin. дальше »
2018-7-13 22:03 | |
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Ripple Targets India’s 2 Billion Customer Economy, Has 50% Indian Market Share
Senior Vice President of Product for Ripple, Asheesh Birla, recently attended and spoke at a panel that was hosted by the Wharton School of Business. His main topic of discussion was regarding the recent acquisition of 50% of the Indian crypto industry, which he says is a step that will “plant its root in the […] дальше »
2018-7-12 10:09 | |
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Ripple Sets Out to Upstage Bitcoin in India
Ripple, the third-ranked cryptocurrency by market capitalization, is looking to capture the Indian cryptocurrency market. The company has identified the country as a pivotal cog in the wheel in its quest to upstage Bitcoin. дальше »
2018-7-12 20:35 | |
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Billion dollar Bitcoin scam in India, claims Indian politician
The Congress, today, has alleged that the political BJP hierarchy in Gujarat are involved in a massive black money to bitcoin conversion of over Rs 5000 crores. The party, through its spokesperson Shaktisinh Gohil, has demanded a judicial probe into matters immediately. дальше »
2018-7-6 11:14 | |
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Ripple To Make Waves Within Indian Remittance Services
A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services. дальше »
2018-6-30 15:00 | |
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Ripple Improves Access to India with Kotak Mahindra Bank
Growth in the banking sector has skyrocketed: 80% of adults have a bank account in India, a figure that has more than doubled since 2011. India has also been the largest receiver of remittances over the last several years, with some $69 billion flowing into the country in 2017. дальше »
2018-6-27 19:04 | |
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