Ethereum Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end 2 days ago 2 min read
ETF Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery 2 days ago 2 min read
Politics Uniswap founder says Biden’s indifference toward crypto could cost him elections 6 days ago 2 min read
Web3 The dilemma of global web3 integration: Will the complexity of web3 win over web2? 3 hours ago 3 min read
Tether Tether CEO Paolo Ardoino defends USDt compliance record in wake of Ripple CEO’s comments 6 days ago 2 min read
Cardano Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development 4 weeks ago 2 min read
XRP Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead 4 weeks ago 2 min read
Dogecoin Vitalik believes memecoins should be used for philanthropy and social impact 2 months ago 2 min read
Polkadot Subsquid teams up with Google BigQuery to redefine blockchain data handling 4 days ago 1 min read
Outer Edge Riyadh Wraps Up Web3 Forum Connecting Tech Enthusiasts, Creators and Creatives from All Over the World in the Kingdom of Saudi Arabia 2 days ago
Bitcoin drops 10% after Indian government proposes new crypto ban Analysis 3 years agoThe leading cryptocurrency fell in price after the Indian government new proposed legislation for banning Bitcoin.
Here’s why DeFi will future-proof India’s crypto ecosystem Contributor Regulation 3 years agoAfter less than a year of Indian cryptocurrency users enjoying unfettered access to the cryptocurrency markets, it now looks likely that the authorities will intervene once again. The Indian government is set to push through the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the latest budget session of Parliament. Although the Bill’s […]
Jack Dorsey and Jay-Z to collaborate on Bitcoin development fund Adoption 3 years agoTwitter boss Jack Dorsey and rapper Shawn Carter, also known as Jay-Z, are funding a Bitcoin trust. Both will pool together 500 BTC, approximately $24 million, to make this happen. ₿trust will operate as a blind irrevocable trust and will focus on Bitcoin development initially in Africa and India. Dorsey has opened applications for three […]
Ripple outlines four crucial steps to push cryptocurrencies in India Regulation 4 years agoThe Indian cryptocurrency market is teeming with entrepreneurs, funds, and tech know-how to create a vibrant crypto-ecosystem. Yet, it faces a crisis buoyed by slow-moving policies, wayward regulations, and difficult-to-please lawmakers. This week, Ripple tweeted about its policy framework for pushing digital assets in India, a paper initially published in June that outlined four major […]
Why the world’s biggest crypto exchanges are making a big bet on India Exchanges 4 years agoFour months after the high-profile acquisition of Indian crypto exchange WazirX by Binance, BitMEX invested in a $3 million funding round for another local cryptocurrency exchange in India called CoinDCX. The world’s biggest crypto exchanges by daily volume have started to actively invest in India’s crypto market after the reversal of the Reserve Bank of […]
In times of uncertainty and fear, Binance goes long on India Partnerships 4 years agoBinance has partnered with cryptocurrency exchange WazirX to create a “Blockchain for India” fund worth $50 million. The fund plans on investing upwards of $100,000 in startups working on fiat-to-digital gateways, payment, and remittance solutions, DeFi, and trading platforms, the Economic Times reported. Binance boosting India’s blockchain ecosystem with $50M Binance, one of the world’s […]
Why India’s unban of crypto isn’t triggering a Bitcoin rally like 2019’s “Xi Pump” Analysis 4 years agoIndia’s Supreme Court released the long-awaited ruling on the crypto ban imposed by the Reserve Bank of India (RBI) in favor of the cryptocurrency industry. Yet, despite the optimism surrounding the decision, the Bitcoin price is showing no signs of an immediate upsurge. Historic day for Crypto in India. We can now innovate. The entire […]
Binance to launch fiat-to-crypto services in India after acquisition of Mumbai-based crypto exchange Adoption 4 years agoBinance, one of the world’s largest cryptocurrency exchanges by daily volume, has announced the acquisition of major Indian crypto exchange WazirX and plans to launch fiat-to-crypto services in India within days. According to a blog post Thursday by Binance, India-based users will be able to purchase and sell crypto using Indian Rupees (INR) on Binance […]
Bitcoin could address the cash savings crisis in Hong Kong and India Analysis 5 years agoWith Hong Kong facing a shortage of cash due to defunct ATMs and the crash of PMC Bank in India leaving almost a million people without access to their accounts, Bitcoin could emerge as the savior of those facing financial crises. Crisis in Hong Kong and India show how fragile cash savings are The four-month-long […]
DeFi portal InstaDApp raises $2.4 million in seed round DeFi 5 years agoInstaDApp, a portal that simplifies interactions between major DeFi protocols, raised $2.4 million in seed funding from a line-up of high profile strategic investors. InstaDApp raised a $2.4 million seed round from a host of strategic investors. Notable venture funds involved in the round include Pantera Capital, IDEO Colab, and Robot Ventures headed by Robert […]
One of India’s last standing cryptocurrency exchanges—WazirX’s Nischal Shetty [INTERVIEW] Interview 5 years agoNischal Shetty, founder of WazirX, shares his story building one of the only crypto exchange left standing in a country hostile to cryptocurrency. By engineering the first auto-matching P2P engine he was able to dodge regulatory pressure that shuttered many other major exchanges in India. Nischal, tell us about your journey starting WazirX? “Nischal: I’ve been […]
Crypto exchange exec says Bitcoin ban in India not final yet, is there any hope? Price Watch 5 years agoThis week, the inter-ministerial committee (IMC) of India officially recommended the imposition of what has been considered a blanket ban on crypto assets like bitcoin. According to Reuters, the panel led by finance secretary Subhash Chandra Garg has suggested a fine of $3.63 million and imprisonment for both individuals and businesses that engage in any […]
Consortium of 11 Indian Banks Launch Blockchain-Linked Funding for Small Businesses Adoption 5 years agoEleven Indian banks have joined an initiative that may change the way small businesses obtain loans, via blockchain. The blockchain-linked loan system will focus on small and medium enterprises and aims to remove communication barriers between India’s largest banking providers. Blockchain-Linked Funding Aimed for SMEs A consortium of India’s eleven largest banks launched the first […]
Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability Regulation 5 years agoThe Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. FSB Says Cryptocurrencies Won’t Affect Global Financial Stability While the crypto winter shows […]
Reserve Bank of India Shelves State-Backed Cryptocurrency Regulation 5 years agoThe Reserve Bank of India has shelved its plan to launch a state-backed cryptocurrency amidst increased government pressure and concerns around money laundering. Indian Government Still Cautious About Cryptocurrencies It seems that regulatory clarity has evaded the crypto community in India, yet again. The country’s central bank announced it was looking at issuing its own […]
India Stalls Cryptocurrency Regulations, Uncertainty Continues Regulation 5 years agoIndia’s government has continued its “undecided” stance on regulation around the cryptocurrency ecosystem. No timeline was promised by Pon Radhakrishnan, the Minister of State Finance, for enacting legislation, even in the December 28, 2018 meeting. December Passed: Still In a Limbo The Indian Government and the domestic cryptocurrency exchanges had always been at odds with […]
Why India Says Yes to Blockchain, Yet Still Undecided About Crypto [INTERVIEW] Adoption 6 years agoAs countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud. India […]
India Considering Cryptocurrency Ban Adoption 6 years agoIndian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday. Mr. SC Garg briefed FSDC Council about the progress in the Inter-disciplinary committee on Crypto "to devise an appropriate legal framework to ban use of […]
Vitalik Buterin donates $1 billion in Shiba Inu coin (SHIB) to India’s COVID fight Coronavirus 3 years ago