india

Binance announces integration of India-based WazirX’s P2P platform

Malta-based Binance and India’s WazirX have undergone several developments together over the past few months. Soon after one of the world’s largest crypto-exchanges announced the acquisition of the India-based crypto-trading platform, a sense of optimism enveloped India’s crypto-ecosystem. According to a recent announcement by Binance, the Malta-based exchange would now be integrating WazirX’s P2P trading […]

Countries Where Ethereum is Banned or Legal

If you are looking to buy, sell, or spend Ethereum (ETH), you should first check if Ethereum is legal in your country. Different countries hold different stances on cryptocurrency and their regulations. While some countries’ laws single out Bitcoin, it is still rare to find a jurisdiction which created a different set of rules concerning […]

Japan’s New Leverage Rule, South Korea for Mainstream Crypto, Initiative in Crypto Valley of Asia

Several other Asian countries have made crypto-related announcements this past week. In Japan, the Financial Services Agency (FSA) has reportedly revealed its plans to limit the leverage in crypto margin trading to twice the deposits of traders. Local media reported that the new rule will be included in a Cabinet Office order linked to the […]

National Crypto Rupee Proposed in Indian Draft Blockchain Strategy

India to Advance in Blockchain Tech According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which will help define the ecosystem for distributed ledger technology and crypto in India. The paper states that blockchain was a priority topic at the Davos World Economic Forum […]

Can BitIndia Become the Paytm of Digital Money in India?

Bitcoin has been gaining popularity in one of the most populous countries in the world, India. The digital currency is backed by the Blockchain technology, which has established itself as the driver and backbone in many fields. Both Bitcoin and Blockchain technology have been around since 2009 when Bitcoin emerged on the world stage and […]

RBI Confirms Crypto Not Banned in India

The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such […]

Ripple’s Partner MoneyGram Expands in India, Will It Affect XRP Price?

Multinational payment remittance platform MoneyGram has announced a partnership with the EbixCash network, to expand Moneygram’s presence in India. The partnership was announced in an official MoneyGram news release published on Monday, Jan. 13. The press release states that EbixCash is a wholly-owned subsidiary of Ebix, Inc. The latter is an international supplier of application software products, […]

Cryptocurrency Trends to watch out for in 2020

The blockchain and crypto market is far from slowing down as the momentum is gradually picking up. The year 2019 turned out to be a remarkable one for the global crypto market. Despite a secular bear market, it involved new groupings, novel trading solutions, and a number of blockchain protocols emerging and maturing. Global regulatory […]

Behind on Bitcoin Drama? A (Short) History of Scaling

No one said consensus would be easy. The conversation on how to best upgrade the bitcoin network to accommodate a greater transaction capacity has been a long one, dating back to the earliest forums and message boards. However, it wasn’t until 2014 that the idea that bitcoin’s technology may need to adapt to increasing usage entered […]

India’s central bank mulls digital currency issuance

Last week, the Reserve Bank of India (RBI) said it is exploring the issuance of a central bank digital currency (CBDC), but will pursue the idea in due course, local news outlet Livemint reported. The central bank governor Shaktikanta Das said it is ‘too early’ to talk about a CBDC owing to technological handicaps. However, […]

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