A recent Paxful survey reveals a growing trend in the Indian crypto market before and after the RBI’s ban lifting.
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.
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- News
Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad.
- Analysis
The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go.
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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform.
- Opinion
by Ray Youssef
India’s relationship with blockchain and cryptocurrency hasn’t been clear, but the country has the potential to become a global leader in the upcoming fintech r...
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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain and HDR Group.
- News
by Samuel Haig
Billionaire venture capitalist Tim Draper has revealed plans to invest in Indian cryptocurrency startups.
- News
by Samuel Haig
The co-founder of Bitcipher Labs has been arrested for stealing $480,000 in BTC from the exchange weeks after quitting.
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by Samuel Haig
India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry.
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Major crypto exchange Binance and its Indian trading platform WazirX announced a fund aimed at sustaining blockchain development in India.
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by Felipe Erazo
India crypto exchange CoinDCX to provide funding to education projects that aim to strengthen crypto adoption across the country.
- Analysis
As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets.
- News
Not all banks appear to be complying with the Supreme Court’s ruling in favor of providing services to crypto-related firms.
- News
by Felipe Erazo
Kraken is planning to strengthen its presence in India following the Supreme Court’s recent verdict opening up cryptocurrency use in the country.
- News
Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.
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