Blockchain & crypto news from India
India recently imposed a string of taxes on crypto-transactions, but the industry looks positively on the near prospects of adopting blockchain. The finance minister Nirmala Sitharaman recently addressed the FICCI event and stated that the new few years will see a rise of blockchain adoption. The increase is estimated at around 46% as per the…
Gucci, the iconic Italian fashion brand declared this week that it would expand its payment alternatives to include the Bored Ape Yacht Club – affiliated ApeCoin (APE) – but only via BitPay. In other words, the prominent brand will allow you to liquidate your APE for United States dollars and spend the proceeds at its…
The US’ NRCC (National Republican Congressional Committee), the United States House Republicans’ campaign arm told it will be receiving donations in digital currency. The organization told it would be the first national party committee to accept donations via virtual currency like Bitcoin, which it told would aid it to support Republican candidates in midterm elections…
Attention drawn to cryptocurrencies shouldn’t be a surprise how regulatory bodies set to get involved in controlling the activities in the crypto market. Regulatory bodies (government) are under heavy pressure to see how to regulate the market, seeing the boom and how coins are reaching a new all-time high, creating new millionaires and billionaires in…