Blockchain & crypto news from India
According to sources, suggested legislation that would prohibit the use of cryptos as a mode of payment in India also anticipates making those who violate the law subject to arrest without a warrant and being held without bail. The government of PM Narendra Modi has earlier indicated that it proposes to prohibit most cryptos –…
According to co-founder, Neeraj Khandelwal, India’s first crypto unicorn, CoinDCX, wishes to work towards an initial public offering as soon as government regulations permit it. Khandelwal said that akin to Coinbase Global Inc.’s U.S. listing earlier this year, the share sale would be a key vote of confidence for the country’s digital asset industry. He…
According to reports, PM Narendra Modi conducted a pivotal meeting on the way forward for crypto and related issues today. The important meeting comes after Shaktikanta Das, Governor of Reserve Bank of India (RBI) sounded serious on cryptos, warning investors of the possible risk of the digital currency. Das, on Wednesday, said that cryptos are…