Blockchain & crypto news from India
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…
India’s super-rich people and family offices are becoming part of the crypto bandwagon. On their part, crypto exchanges are rolling out the red carpet for them with personalized services. Crypto funds and exchanges have experienced an increase in investments – skywards of Rs. 1 crore – by rich people and family offices, amid rising global…
After prime private sector banks started commanding payment gateway companies to abort services to many crypto exchanges in India over the past month, Paytm Payments Banks Ltd. (PPBL) had come to rescue the exchanges. But Paytm too has now halted servicing the exchanges via payment gateway channels. The effect was visible and one exchange, Zebpay…
On Wednesday, cryptocurrency markets witnessed a downturn, with major currencies crashing rapidly, wiping off as much as $1 trillion from their valuations, which had hit a record high of more than $2 trillion recently. Many analysts seem to believe that the crypto bubble, which grew without reason or rhyme or unsustainably for some time now,…
Cryptocurrency traders and exchangers are dealing with an ongoing problem with many banks not interested in allowing transactions that deal with crypto exchanges. According to sources, the problem started in February end. In recent weeks some banks have directed payment gateways to not permit crypto-related transactions. As a result, some cryptocurrency exchanges have been encountering…