Category: India
Cryptocurrency India
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,…
Indian WazirX Questioned by Narcotics Bureau over an Alleged Exchange’s Member
A Mumbai-based drug dealer named Kakarand Pardeed Adivirkar had been arrested by the Indian Narcotics Control Bureau (NCB). Bureau thinks that the drug dealer was…
Central Bank of India Clarifies Non-Existence of 2018 Crypto Directives
Although the 2018 crypto ban in India was suspended by the Supreme Court of India as being illegal still some banks are using the Reserve…
Charles Hoskinson Addresses Possible Bitcoin and Cardano Ban in the US
Cardano Founder and CEO of technology company IOHK, Charles Hoskinson, has recently expressed his concern over the claims that hint at the potential banning of…
Two Indian Crypto Traders Reveal Themselves as the Mystery Beeple Buyers
Two millionaires based in India who trade crypto assets call themselves ‘Metakovan.’ They have revealed that they were indeed the purchasers of the pseudonymous Beeple…
Buyucoin, an Indian Crypto Platform Hacked – Loses Customers’ Data To Hackers
Buyucoin, an Indian crypto trading platform reports of being subjected to a hack attack. Informs that hackers stole confidential data relating to its customers in…
Crypto Bank Launches In India – Grants Loans To Individuals & Exchanges
Under the Joint Venture Agreement between United Multistate Co-op Society and Cashaa, a crypto bank launches in India. Opens up physical branches in various parts…
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