Blockchain & crypto news from India
Subsequent to soccer clubs worldwide, cricket teams in India are getting prepared to take advantage of the latest internet fad – fan tokens. As per a report, the next edition of the Indian Premier League (IPL) could see a surge of fan tokens from teams partaking in the tournament. Fan tokens are a subset of…
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…
On August 4, crypto exchange Bitbns declared that Bitcoin SIP awards for the Indian medalists at the Tokyo 2020 Olympic. The Indian Olympic winners will be authorized to open crypto SIPs worth lakhs on the exchange. The SIP will begin from Rs. 2,00,000 for gold winners Rs. 1,00,000 for silver and Rs. 50,000 for bronze…
Dubai along with the rest of the United Arab Emirates (UAE) is inching closer to inaugurating licensed crypto exchanges, an initiative that could enhance financial inclusion for the countless who constitute most of the territory’s workforce. Migrants may be able to send money home using online wallets with smaller or no fee at all and…
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…
India and China aren’t the only Asian nations struggling with the fate of crypto. Small players like the Vietnam and Philippines are stepping into the arena as well as the fame of virtual currency continues to increase. As per the Philippines Stock Exchange (PSE), crypto is an asset class that they can’t afford to ignore…
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,…
After EI Salvador’s remarkable stand to adopt Bitcoin as a legal tender, things are appearing brighter back home in India for crypto-lovers. Top sources monitoring the industry informed that the government has a change of mind from its previous hostile attitude towards digital currencies. It will most probably consider Bitcoin as an asset class in…
Indian Finance Minister Nirmala Sitharaman recently disclosed some clues about the new Cryptocurrency Bill that will be soon introduced in the parliament. Revealing no explicit intention to ban cryptocurrencies, she informed that the Indian Government will follow a ‘very calibrated’ approach to crypto trading. While sharing information about the bill, the finance minister for the…