Category: India
Cryptocurrency India
India-Based Crypto Exchange Suffers $235M Hack Attack
WazirX is a cryptocurrency exchange operating out of India however the platform recently underwent a hack attack. The hackers targeted a multisig wallet associated with…
How to Buy Bitcoin in India: A Comprehensive Guide
Introduction India has been ranked as the second-highest nation in terms of cryptocurrency trading volume per a survey published by Chainalysis in September 2023. Therefore,…
Arkansas Regulator Grants Crypto Payment Platform An Operational License
The crypto payment platform Alchemy Pay has gotten the regulatory green light after bagging a payment license in Arkansas to expand its operational base in…
PM Modi Calls For Uniform Global Crypto Regulatory Framework
During the annual G20 summit, Indian Prime Minister Narendra Modi emphasized the importance of global cooperation in developing comprehensive cryptocurrency regulations. With India currently at…
Hedge Fund Expert Reveals Why Bitcoin Will Be A Better Reserve Currency
With many countries indicating their readiness to develop a gold-backed digital asset as a store of value, James Lavish noted that BRICS nations are taking…
New Study Shows Only 0.5% Of Cryptocurrency Investors Paid Their Tax Last Year
Divly, a crypto tax platform based in Sweden, has issued an exclusive report that evaluates that just 0.53% of crypto investors around the world recompensed…
At $560b, India’s Forex Reserves Hit A 3-Month Low
The Indian Forex reserves have fallen to a three-month low of $560 billion, owing to a decline in foreign currency assets and gold reserves. This…
UAE And India Will Work Together To Develop Digital Currencies
To explore the possibility of interoperability between their respective CBDCs, the UAE — United Arab Emirates and India have announced plans to conduct pilot programs…
India’s SVC Bank Clears The Air Over SVB Mix-Up
Last week saw a tense period in the crypto industry with the collapse of the US-based Silicon Valley Bank, which sent shockwaves across the business…
Sri Lankan Central Bank Governor Says Adopting BTC Can Worsen the Economic Condition Of the Country
Tim Draper, an American billionaire, recently proposed the concept of Bitcoin adoption as a legal tender when he visited Sri Lanka. As per Draper, Bitcoin…
India Engages G-20 Members in Developing Standard Operating Protocols for Cryptocurrency
Legislators in India are holding dialogues with members of the G-20 to develop a suitable standard operating protocol (SoP) for crypto assets. The Indian Finance…
Booking.com Foresees The Multiverse-Influenced Travels
According to a recent poll by the online travel company Booking.com, the Metaverse will impact on tourism in 2023. In particular, the Metaverse would aid…
RBI To Launch Digital Rupee Pilot In November
The Reserve Bank of India (RBI) first announced its central bank digital currency (CBDC) project back in February and it is now on track to…
India Freezes More Bitcoin And Tether In Wazirx Investigation
The Directorate of Enforcement (ED) in India announced that it had frozen more crypto in its investigation, which includes bitcoin, the tether stablecoin and the…
Binance Sees Indian Users Increase After New Crypto Tax
Crypto exchange Binance has seen the number of users from Indian rise significantly, after taxes were levied on crypto transactions by the Indian government. However,…
India Should Definitely Ban Cryptocurrency, And All Its Affiliates Says Indian Paramilitary Affiliate
India’s paramilitary nationalist group Rashtriya Swayamsevak Sangh has seen its affiliated body, the Swadeshi Jagran Manch (SJM), voice their anti-crypto sentiments earlier this week in…
The Cryptocurrency Market Today – BTC and DOGE
The global crypto market capitalization gained almost 3% to $2.19 trillion. Meanwhile, the overall crypto market volume surged over 7% to hover at $103.68 trillion….
Crypto Investment in India Could Become Safer and Overall Much Better
One of the biggest things about the crypto trading scene is that it has spread all over the world. Believe it or not, crypto trading…
Indian Mega Celebrity Steps Foot in Crypto World
There is no denying that the crypto space has always been full of loads and loads of celebrities. However, things used to be quite different…
Will Bitcoin Be Accepted in Panama and India?
High-ranking officials in both Panama and India believe that their governments should allow their citizens to pay for goods and services with Bitcoin. Gabriel Silva,…
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