BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe.
India, or Republic of India, is a federal state in South Asia. It is the second-largest country by population after China and the seventh-largest by territory in the world. India has a developing mixed economy, which is the world’s sixth largest in terms of nominal GDP. In India, cryptocurrency payments are becoming more and more popular among its citizens. Currently, the government is developing regulations for operations related to virtual currencies. It is aimed to protect investors and users, prevent money laundering, control the taxation of transactions, etc. Besides that, according to the Indian Minister of Finance, the authorities are concerned about digital currencies’ volatility and anonymity and are considering banning all payments in cryptocurrency. Nevertheless, the future of using cryptocurrency in India remains uncertain.
India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding digital currencies in the country.14923
India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space.9855
Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change.27484
Including the millions it collected in previous rounds, the company has raised approximately $19.4M.10625
The WEF looks to introduce legacy systems to blockchains.3505
Most mainstream Indian investors still do not see an easy way to enter the crypto markets despite recent regulatory liberalization regarding virtual currencies.10339
CoinDCX users to stake on ETH 2.0 with as low as 0.1 ETH, the exchange says.8044
Crypto exchange Zebpay aims to create an ecosystem for digital-collectible fans in India.10411
As Cashaa launches crypto banking services in India, the cryptocurrency industry continues to grow despite uncertain regulations.14759
For the first time, Indians will be able to take out a loan against cryptocurrencies.42437
The new venture will reportedly include 34 “physical branches and operations” in northern India.16646
London-based banking company Cashaa will launch a crypto-friendly neo-bank in India10633
A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud.45575
“Learn about simple, secure Bitcoin,” the ads state.4898