2021-12-6 21:30 |
A new era of technology is upon us and India surely does not want to miss out on this, especially when it can leverage it to boot its economy. This point was brought up in a report released by US IndiThe post India: Crypto, Web 3.
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Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which is intensifying on a daily basis.
2019-8-26 09:51 | |
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Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which is intensifying on a daily basis.
2019-8-27 09:51 | |
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In a bid to foster transparency and improve service delivery, the Maharashtra state government is making active plans to integrate distributed ledger technology (DLT) into key areas of its economy, including supply chain, agriculture, vehicle registration and more, reports local news source DNA India on August 19, 2019.
2019-8-20 21:00 | |
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Blockchain, a simple concept yet so complex and diverse in its use-cases is still in a nascent stage. Numerous countries have come to realize the immense potential of blockchain and are tapping into the unexplored areas of this disruptive technology.
2019-8-11 16:00 | |
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More than three years after India rejected a Facebook initiative to offer free internet service to its citizens terming the gesture ‘digital colonialism’, the social media giant’s cryptocurrency project Libra might meet the same fate in Asia’s third-largest economy.
2019-7-9 16:06 | |
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Facebook will not have an easy time in the third largest economy of Asia. As the company is set on moving its plans surrounding the Libra cryptocurrency forward, the Indian authorities do not seem very happy with the company’s presence.
2019-7-9 04:28 | |
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Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it.
2019-7-8 15:48 | |
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India was one of the most active Bitcoin (BTC) and altcoin markets, but a hawkish climate and an attempt to de-monetize the economy led to the closing of another leading exchange.
2019-6-28 16:26 | |
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India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry.
2019-5-17 02:47 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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The Reserve Bank of India will not even bother to study the possibility of testing the impact of crypto and similar virtual tokens on the development of a new regulatory framework for fintechs. In a.
2019-4-20 05:53 | |
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Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries. In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities.
2019-4-19 17:55 | |
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Binance has released a new report in which they explain how crypto and blockchain can revolutionize the remittance market in India. India is one of the most powerful countries on earth. Its economy is growing at very fast rates and it will clearly become a world power.
2019-3-30 17:18 | |
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An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy.
2019-3-12 09:40 | |
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The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement.
2019-2-26 22:02 | |
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It’s true that most SE Asia economies are so receptive to new technologies. In fact, a level deeper and countries like China, South Korea, India and Japan are drivers of the world economy. Aside from.
2019-2-24 17:45 | |
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According to data scientist Matt Ahlborg, LocalBitcoins trading data concludes that Venezuela did more peer-to-peer Bitcoin trading in 2018 than Canada, India, and Australia combined. Venezuelan trading topped $235 million.
2019-2-9 11:16 | |
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The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country.
2019-2-6 12:00 | |
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India, home to over 1.2 billion people and titleholder of the world’s fastest growing economy, has seen a plethora… The post Top Firms in India Exploring the Use of Blockchain Despite Unclear Regulations in the Country appeared first on Invest In Blockchain.
2019-1-16 11:08 | |
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India And China May Surpass US To Become Leading Economies By 2030 The largest economy of the world, US may lose its throne to China and India and may slip to the third position by 2030. A UK based financial service provider Standard Chartered Plc conducted a study, the economists at the firm belief, China’s […]
2019-1-14 00:48 | |
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India Needs New Skills For Digital Revolution India is ripe for digital revolution. However, for this dream to become a reality, there need to be several structural changes in the economy of the nation.
2019-1-10 21:40 | |
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The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board.
2019-1-5 11:38 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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India, the world’s fastest growing economy, has long been indecisive about regulation with respect to cryptocurrency. Today, however, national… The post A Glimmer of Hope for Indian Investors As Crypto Could Soon Be Legalized appeared first on Invest In Blockchain.
2018-12-28 17:09 | |
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To say that the cryptocurrency market has had a hot and cold welcome into most countries is, to say the least. Governments ran helter-skelter behind the market for three main reasons; loss of control, loss of importance for traditional currency and economy and lack of understanding.
2018-12-14 12:28 | |
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India, the world’s fastest growing economy and second-most populous nation on the planet, continues to offer no true indicator… The post Indian Panel Sends Crypto Report to Government, Investors Wait On Formal Decision appeared first on Invest In Blockchain.
2018-12-11 15:46 | |
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Cryptocurrencies could affect the transmission of India’s monetary policy if some trading migrates from the traditional exchange-based route to the peer-to-peer (P2P) mode, says the Reserve Bank of India (RBI) in its annual report published Wednesday, Aug.
2018-8-31 11:04 | |
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The first edition of India’s largest blockchain conference is set for August 3 and 4, 2018 at the Novotel & HICC Complex, Hyderabad. The International Blockchain Congress brings together the industry experts, innovators, and regulators that work within the ecosystem to hold relevant conversations and set the agenda for blockchain technology development in the world’s sixth largest economy.
2018-8-2 22:30 | |
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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.
2018-7-29 11:53 | |
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On July 27, 2018, Mastercard CEO, Ajay Banga shared his thoughts regarding cryptocurrency, calling it “junk” and that an “anonymized” currency having such “wild” fluctuations in the market cannot be considered as a medium of exchange in an economy.
2018-7-28 21:00 | |
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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.
2018-7-28 17:24 | |
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India’s economy has come close to doubling down on the legalization and regulation of cryptocurrencies because of an unlikely source: gambling. In 2017, the Law Commission of India has decided that it is impossible to ban illegal gambling within its borders outright.
2018-7-26 18:00 | |
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More academic institutions in Russia are starting educational courses and even postgraduate programs in crypto and blockchain technologies. Three universities will be teaching related subjects like cryptography and digital economy during the new academic year beginning in September.
2018-7-15 16:55 | |
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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 […]
2018-7-12 10:09 | |
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The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to decimate India’s virtual currency economy.
2018-7-5 23:00 | |
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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.
2018-6-30 15:00 | |
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In a striking crypto breach of trust, an Indian police officer, Chandrahar SR, was recently arrested for illicitly siphoning off Bitcoin worth approximately INR 1. 8 crores ($216,000). This misconduct occurred amid an investigation into a major cryptocurrency scam that dates back to 2017.
An Indian police officer has been arrested for siphoning off INR 1.8 crores worth of Bitcoin, approximately $216,000, related to a crypto scam investigation. Per a local report, Chandrahar SR, a former police inspector with the Central Crime Branch (CCB),…
India’s Securities and Exchange Board of India (SEBI) wants cryptocurrency oversight to be distributed, proposing a multi-agency approach. Official documents disclosed by Reuters reveal that SEBI recommended that different regulators should work in unison to oversee the cryptocurrency sector in…
Indian authorities are actively working to bring all cryptocurrency exchanges operating in India under stringent Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) guidelines to enhance compliance and oversight in the burgeoning digital asset market. The Indian government’s Financial…
CoinDCX, a premier Indian crypto exchange, has unveiled the Okto Orchestration Layer and the Okto Chain, designed to simplify the integration of blockchain technology and enhance web3 usability across diverse ecosystems.
India’s first Metaverse Experience Center (MEC) was launched in Noida near New Delhi. Led by Metaverse911, the center is expected to serve as the hub of immersive technologies, spearheading innovation, collaborations, and solutions in the extended reality (XR) domain.
Binance is set to resume its cryptocurrency operations in India, according to the latest regulatory news around the world’s largest crypto exchange by trade volume. On Friday, an official of the Financial Intelligence Unit (FIU) said that the anti-money laundering watchdog had approved both Binance and KuCoin to offer services in the country. The two […]