Blockchain & crypto news from India
The first crypto ATM in Honduras opened this week as bitcoin investors ask for prompt demand for digital assets after neighboring El Salvador became the first nation to accept bitcoin as legal tender. The machine, locally named “la bitcoinera” enables users to get Ethereum and Bitcoin using the local lempira currency. It was set up…
Robinhood Markets Inc. is quietly testing a new crypto transfer feature and cryptocurrency wallet for its app. This will enable customers to receive and send virtual currencies like bitcoin. According to a report, a beta version of its iPhone app showcased the firm’s work on such features. The report added that there was also a…
The government is tracking crypto floating in the market based out of the nation subsequent to a warning that agencies responsible to monitor financial fraud are eyeing a firm called Hyper Fund. According to sources, a DEFI by Hyper Tech Group, Hyper Fund has come under the radar currently. The Group avows to have introduced…
India’s largest lender, State Bank of India has banned crypto exchanges from receiving funds through its UPI platform and has asked payment processors to disable SBI UPI on their platform also. SBI’s stance came after a slew of banks imposed alike bans on cryptocurrency exchanges over the previous few years. In May, HDFC Bank has…
Ukraine is the 5th nation in as many weeks to lay down some regulations for the crypto market, an indication that governments worldwide are grasping that bitcoin is here to stay. In an almost concordant vote, the Parliament of Ukraine accepted a law that regulates and legalizes crypto. The bill was set in motion in…
Cross Tower, one of the world’s leading trading and digital asset investment companies, announced the launch of its crypto trading platform in India. Cross Tower said in a statement that the platform has been developed in a systematic manner on a scalable, robust and resilient infrastructure with best-in-class services, safeguards and capabilities. Cross Tower is…
In a world-first, bitcoin becomes a legal tender in El Salvador on Tuesday. This is a real-world experiment that proponents say will reduce commission costs for billions of dollars sent home from foreign countries but which critics alerted may boost money laundering. The plan led by the charismatic, young and famous president Nayib Bukele is…
Athey Nallatha, a Kerala-based startup that sells fusion pickles to global as well as domestic clientele, becomes the first firm in the state which is ready to accept crypto for its payments. The startup claimed that it is also the 7th company in the country to enter into crypto-based transactions. The firm started its payment…
Loved worldwide, Bitcoin was first introduced in January 2009. From there only cryptocurrency came into the picture and is slowly and steadily gaining popularity all over the world. Fast forward to 2021, crypto trading has become a rewarding investment alternative for individuals and also promotes the growth of the economy. But unfortunately, cryptocurrencies have failed…
In spite of the uncertainty surrounding virtual coins, Raghuram Rajan, the ex-governor of the Reserve Bank of India (RBI) is optimistic about the scope of cryptos in the upcoming time. The well-recognized economist said cryptos have a ‘potential future’ if they’re regulated well. As per the reports, he also seemed positive about well-regulated stable coins,…