Blockchain & crypto news from India
Just three months ago, the Nasdaq-listed crypto exchange, Coinbase went public and now it’s looking to expand its footprint in India, one of the most populous countries worldwide. It has big plans to hire, acquire and make the South Asian nation one of its primary hubs. Brian Armstrong, the chief executive (CEO) of the company,…
Money laundering and terror financing have flourished in the previous one year as governments and nations across the world directed their concentration only on combating the novel Coronavirus pandemic. The new era of the digital asset in the form of crypto has surged terror financing. Crypto is encountering a rise in the market value in…
Encountering hostility from the World Bank, opposition parties and IMF to his stand to make bitcoin legal tender in EI Salvador, President Nayib Bukele has promised $30 for each netizen who endorse the crypto. Began by Bukele, this month EI Salvador’s parliament accepted a law to allow the crypto money to be accepted as tender…
Bitcoin is getting more privacy features as scrutiny increases over the use of crypto during a current series of ransomware attacks. This past weekend the most important update in 4 years to the computer software that supports the world’s largest digital token was accepted with a small fanfare. In previous years, fights among the groups…
A security official told that China has arrested 1100 people for using the gains from crime to purchase crypto as a part of an increasing crackdown in the industry. Bitcoin mines of China power about 80% of the worldwide trade in crypto, although dealing is banned in the country. Officials have begun to keep a…
The Chinese smartphone manufacturer, OnePlus may be planning to venture into crypto. The company was lately found to be surveying its users about blockchain tech and by extension, the need for a crypto wallet. The research aims at receiving users’ comments on crypto. The company is asking users if they’ve used trading platforms like Gemini,…
Visa has announced that it will start accepting payments in the crypto USD coin directly at end of the March. USD coin is a stablecoin linked to the U.S. dollar with 1 USD Coin pegged to $1. The company’s crypto.com debit cards once required conversion to a conventional currency from digital currencies that Visa accepts….
Crypto’s gaining more spotlight and adoption after the CEO of an e-commerce giant publicly asked how to integrate his company with the decentralized finance (DeFi) ecosystem. Shopify CEO Tobi Lutke posted on a Twitter message on Friday asking the DeFi community what “role” Shopify could play in the growing financial vertical. “Hey #DeFi Twitter. What…