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CoinDCX exchange joins ad regulator following Delhi high court notice
25.8.2021
Mumbai-based crypto unicorn, CoinDCX, has become a member of the Advertising Standards Council of India, a non-governmental self-regulatory organization
Xiaomi India needs regulatory clarity to embrace crypto, says exec
23.8.2021
According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.”
Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’
15.8.2021
On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was working with the blockchain payments company Utrust in order to be more “inclusive.” However, the Mi Store...
GoSats launches Bitcoin cashback rewards card in India
15.8.2021
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...
Women from small cities contribute to 65% crypto sign ups in India
11.8.2021
Mumbai-based WazirX crypto exchange's latest data shows a 2,648% growth till date in user signups from smaller cities across India
Indian crypto exchange becomes unicorn after $90M funding round
10.8.2021
CoinDCX's Series C funding was led by B Capital Group, a VC from Facebook co-founder Eduardo Saverin
India Plans to Unveil Central Bank Digital Currency Model by Year End
9.8.2021
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model...
Indian Government Clarifies Status of Cryptocurrency Trading, Regulation, Investor Protection
3.8.2021
India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection. The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by...
India Reportedly Investigating Binance in Chinese Money Laundering Case
1.8.2021
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global...
Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated
28.7.2021
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million...
Buterin’s $1B SHIB donation tricky to cash out, says fund manager
28.7.2021
Realizing Vitalik Buterin's $1 billion donation in Shiba Inu coins to the Covid Crypto Relief Fund in India has turned out to be a labyrinthine process for the fund's creator
Solana hackathon aims to bolster crypto innovation in India
27.7.2021
Solana invites students, Web2 & Web3 developers, engineers and anyone looking to get into crypto organized in collaboration
India to use Ethereum blockchain to verify diploma certificates
27.7.2021
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education
India’s Central Bank RBI Unveils Plan to Launch Digital Currency in Phases
23.7.2021
The deputy governor of the Reserve Bank of India (RBI) has revealed that the central bank is planning to launch a state-backed digital currency in phases so that it would have “little or no disruption to India’s banking or monetary systems.” RBI Plans ‘Phased...
Reserve Bank of India mulls first steps toward an eventual CBDC
22.7.2021
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo
Indian regulator probes crypto exchange for alleged forex law violations
19.7.2021
The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land
Softbank leads $800M investment for banking app Revolut
15.7.2021
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely
Indian high court seeks ad disclaimers from crypto exchanges
15.7.2021
India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV
India’s ICICI Bank warns remittance users to steer away from Bitcoin
13.7.2021
The bank has also asked users to not any invest fiat currency that may have links to previous cryptocurrency investments