Blockchain & crypto news from India
On Wednesday, the Wall Street Journal reported that Meta Platform Inc.’s digital currency project Diem Association is shutting down and selling its technology to California-based Silvergate Capital for about $200 million. Formerly Facebook Inc., Meta first unveiled plans for Diem, called Libra previously, in June 2019, as part of an effort to expand beyond social…
At a time when the Reserve Bank of India (RBI) glares at private digital currencies, the suggestion of crypto bank Cashaa to introduce banking operations in India for customers of digital currencies like Bitcoin from next month, through the credit co-operative society route, is interesting to note. Cashaa said that it has introduced the world’s…
Getting inclined towards the ongoing crypto trend, The Rug Republic, a homegrown décor brand, has started accepting major crypto as payment for its orders. Although the Delhi-based décor brand delivers all across the globe but the payment option is as of now available in India only. The brand will take the top 20 cryptos according…