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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year

Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »

2021-6-28 16:25


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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More дальше »

2021-6-23 08:30


India’s Minister of Finance Says Cryptocurrency Bill is Designed To Protect Investors

India's crypto tale might not end anytime soon. In the latest episode, the country's Minister of State Finance and Corporate Affairs has commented on the government's crypto position. Crypto Bill To Protect Investors India’s Minister of State Finance and Corporate Affairs Anurag Thakur spoke on the reasonable steps the government may take to regulate crypto […] The post India’s Minister of Finance Says Cryptocurrency Bill is Designed To Protect Investors first appeared on BitcoinExchangeGuide. дальше »

2021-4-15 23:40


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ZeroSwap Launches ZeeDO, a Multi Chain IDO Platform for Fair Token Launches and Fundraising

(India / March 9, 2021) – Dex Aggregator ZeroSwap ($ZEE) is pleased to launch ZeeDO (zeedo.zeroswap.io), a first-of-its-kind DEX token offering platform and part of its ZeroSwap line of products. ZeeDo will bring innovative features demanded by investors and traders in on-chain token offerings, bringing fairness and transparency, with no manual intervention during distribution. AsRead More дальше »

2021-3-10 17:11


Emerging DeFi Project Router Protocol Raises Seed Funding, To Launch Cross-Chain Farming Soon

An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India and the US. The Router […] дальше »

2021-1-16 16:30


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Один из первых инвесторов «Яндекса» вложился в индийский необанк

Индийский стартап Open, управляющий одноименным необанком собрал $30 млн в последнем раунде финансирования. Этой новостью поделился в своем Twitter основатель стартапа Аниш Ачутан.   India's @BankWithOpen 'neo-bank' raises Rs 210 Crores from @Tiger_Global. дальше »

2019-6-27 13:19


Former BitConnect India chief on the run after promoting another crypto-scam

India‘s authorities have uncovered more cryptocurrency scams connected to the alleged head of BitConnect Asia, Divyesh Darji, Times of India reports. Police claim Darji had also been marketing another dubious cryptocurrency-related investment, “Regal Coin,” by offering short-term returns of 5,000 percent on any investments made. дальше »

2019-6-4 10:43


Cryptocurrency is ‘Ponzi’, Should be Banned: Indian Govt. Watchdog

By CCN. com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports. дальше »

2019-4-26 17:17


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Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail

Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition. дальше »

2019-4-4 13:46


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India: Startup Mudrex Launches Crypto Bot Service for Investors

In a first in India, Bengaluru-based startup Mudrex has ventured into the business of providing bot-based crypto trading services investors, reports Economic Times, February 28, 2019. Automating Crypto Trading Although the Indian cryptocurrency ecosystem looks stunted due to uncertainty surrounding its legal status, businesses in the country have not shied away from entering the cryptospace. дальше »

2019-3-1 12:00


Fake ICO Cryptocurrency ‘KBC Coin’ Scam Lures Investors Based on Ties with India’s Who Wants to be a Millionaire TV Show

Cryptocurrency has been largely restricted within the borders of India, which would essentially keep investors and scammers from pursuing these endeavors, right? No, not really. In fact, if anything, the hackers and scammers that enter the region must enjoy the challenge, because it hasn’t stopped them from their criminal activities. This point is only supported […] дальше »

2019-2-27 23:35


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Indian Crypto Scammers Make $17 Million from Fake Coin Scam

The individuals behind “cashcoin,” a fake cryptocurrency, have been arrested for duping investors of over $17 million in Mumbai, India according to reports February 17, 2019. Crypto and the Gang As the general public and world government are becoming more aware of cryptocurrency and how it works, the prosecution of crypto criminals is becoming more effective. дальше »

2019-2-19 15:00