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BitConnect’s Satish Kumbhani Indicted By DoJ Is Now Wanted in India

Indian founder of BitConnect, Satish Kumbhani, was indicted by the US Department of Justice (DoJ) in February for “orchestrating” a $2.4 billion global crypto Ponzi scheme and was believed to be hiding in India, he is now wanted in India, too! On August 16, a Pune-based lawyer filed a complaint with the local police alleging […] дальше »

2022-8-26 00:49


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UNCTAD Report Pegs India’s Crypto Adoption at 7.3%, Kicks off Debate about Regulation

A recent UNCTAD policy brief says every seventh person in India held a cryptocurrency in 2021, and the largescale adoption in absence of regulations poses risks of financial instability. Released on August 12, the UNCTAD report sparked a fresh debate about India’s crypto regulation bill that the government planned to bring to parliament at least twice last […] дальше »

2022-8-26 00:37