Blockchain & crypto news from India
Cash is king… or is it? It may soon be a thing of the past for customers and retailers to prefer cash as a form of payment. Non-cash payment methods weren’t extensively recognized in Europe until the past ten years, but things change quickly in finance. By 2025, it’s anticipated that more than 80% of…
Bitcoin (BTC) has been accredited as the leading blockchain use case, portraying the prowess of the technology in successfully delivering a true and immutable decentralized ledger over the past 13years. Adding to the years of innovations since then – that saw the introduction of non-fungible tokens (NFTs), altcoins, decentralized finance (DeFi), and more, a research…
On Monday, the United Kingdom government declared plans to mint its non-fungible tokens, as part of a push towards emerging as a ‘world leader’ in the crypto world. Rishi Sunak, the Finance Minister asked the Royal Mint – the government-owned firm responsible for minting coins for the U.K. – to create and launch the NFT…
India is getting closer to regulating crypto within its borders. Nirmala Sitharaman, the country’s Finance Minister said that India’s crypto bill is ready. She further added that the government has taken details from industry stakeholders to get the document ready. She continued that they have done a lot of work on it. They have taken…
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…