News
London-based banking company Cashaa will launch a crypto-friendly neo-bank in India
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India News
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.
- News
A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud.
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“Learn about simple, secure Bitcoin,” the ads state.
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Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars.
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The advantages of blockchain will prompt countries to adopt it sooner or later.
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Local sources speculate on the possibilities of a cryptocurrency ban in India.
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‘Disappointing to see India flip-flop on crypto,’ Garlinghouse stated.
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A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation.
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WazirX is the second Indian crypto exchange to launch in-app staking.
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Crypto exchange CoinDCX announces two new professional training courses for cryptocurrency traders and experts.
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Agriota E-Marketplace may give farmers in India more access to the UAE’s multi-billion dollar food industry.
10398 - Analysis
In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum.
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Binance is conducting India’s first DeFi-focused hackathon aimed to accelerate DeFi innovation in the country.
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Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years.
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Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol.
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