Indian crypto market

Indian Cryptocurrency Exchange CoinDCX to Offer Pooled ETH Staking ahead of Ethereum 2.0 Launch

India’s largest crypto exchange CoinDCX announced the extension of its support for Ethereum 2.0 and its eagerly anticipated launch. The exchange has begun Ethereum (ETH) staking as it prepares for ETH 2.0 launch. It has become one of the few exchanges globally to provide an elaborate solution to evade the logistical challenges with ETH 2.0 […]

Ripple Joins Google, The Rockefeller Foundation at Mojaloop’s Top Drawer

Blockchain giant Ripple network has made another stride to strengthen further its relationship with Bill & Melinda Gates Foundation as the Blockchain Company now features among the sponsors of the Mojaloop Foundation, a charitable nonprofit organization dedicated to promoting financial inclusion by offering organizations the ability to create an interoperable payment. Ripple, alongside PhonePe, a […]

Programmable money: How crypto tokens could change our entire experience of value transfer

Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today. Yes, China is close to launching the first central bank digital currency (CBDC) at scale — perhaps within the next 12 months — but […]

China’s reach for digital dominance a wake-up call for US

WHILE many countries are eager for an alternative to US technology dominance, Beijing is taking a lead by launching a new set of global guidelines and formulating a national technology strategy. Part of the strategy is to promote and accelerate advances in blockchain technology, enabling China to influence the development of global networks and standards. […]

Morgan Stanley Strategist Recommends Bitcoin as Central Banks Ramp Up Money Printing

Morgan Stanley Investment Management’s chief strategist and head of emerging markets has recommended bitcoin as an alternative investment to stocks amid central banks’ massive money printing policies. He says that alternative assets, like gold and cryptocurrency, could keep doing well while stocks struggle. Morgan Stanley’s Strategist Discusses Stocks, Gold, and Bitcoin Head of Emerging Markets […]

Crypto surges in India after Bitcoin ban lifted

On March 5th 2020, India’s Supreme Court lifted Indian’s cryptocurrency ban. In the months since, Indian crypto exchanges have seen a huge surge in trading volumes and investment despite a significant contraction of the Indian economy caused by Covid-19 In April 2018 the Reserve Bank of India (RBI), India’s central bank, had ordered financial institutions […]

Experts: Country to build fintech hubs

China plans to build pioneering fintech hubs nationwide, focusing on the research and development of blockchain technology and digital currency to boost investment in financial infrastructure, according to officials and experts on Tuesday. They made the remarks at the 2020 China Financial Technology Forum, part of the ongoing 2020 China International Fair for Trade in […]

Enter the Matrix? Nations, Tech Firms Race to Deploy Blockchain to Digitise Global Power: Futurist

Blockchain has been powering cryptocurrencies such as Bitcoin, Ethereum and others, but a quiet tech race has been launched among major powers to develop new applications for the emerging technology. The implications of such new digital systems are set to reshape the world amid global plans to speed up the digitisation of information, among others. […]

‘Bitcoin Should Be Traded Like Stock,’ Says Begin India Think Tank Founder

The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the cryptocurrency should get in India. He also believes that Bitcoin may be the most secure technology in our lifetimes. How Bitcoin Should Be Regulated in India Begin India Think Tank founder Deepak […]

Bitcoin, the original and leading cryptocurrency in market cap.

Bitcoin, the original and leading cryptocurrency in market cap, is now the 6th largest currency overall at its current price level of $11,300. Bitcoin, the original and leading cryptocurrency in the blockchain space, is now the 6th largest currency in the entire world when you measure them by overall market capitalization. At the price of […]

Bitcoin And Libra Can Coexist With CBDCs, Says Former Reserve Bank Of India Governor

With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India. Central Bank Digital Currencies or CBDCs are being […]

Facebook is hiring senior execs for its digital wallet Novi and its partnership with Jio

Facebook top advertisers have been pulling money away and the company is hoping that Jio and Novi will come to its rescue. The job openings at the social network have dipped by 50% over the last six months, but Facebook continues to hire at senior level positions within its financial services. GlobalData analysts believe this […]

What Does the Future Hold for Cryptocurrencies in the Middle East?

You might not know everything about cryptocurrencies or what the blockchain technology means, but you sure have heard of it so many times that it’s now the perfect chance for you to understand what it is and whether or not it has made it to our region. Visualizing The Expanding Universe Of #Cryptocurrencies. #Infographic […]

Blockchain-Backed Social Media Brings More Choice for Users

Could blockchain fight against state-sponsored censorship in a post-coronavirus era? As people continue to rethink topics like technology development, economic measures and freedom of speech because of the COVID-19 pandemic, blockchain has now emerged as a solution for many issues. Iva Wisher, co-founder of Ignite, a decentralized microblogging platform, said blockchain may also be a […]

Facebook forms new group to oversee payments and related financial efforts

Facebook Inc. today said it has formed a new product group to oversee its payments and related financial efforts. Facebook Inc. today said it has formed a new product group to oversee its payments and related financial efforts. It’s called F2 internally, short for Facebook Financial. The group, led by David Marcus (pictured), who also leads Facebook’s cryptocurrency […]

XRP searches are trending on Google

XRP searches on Google have revisited some former yearly highs last week. Bitcoin searches are still not as common as XRP, although Ethereum is not far behind. The growth in interest indicates the high popularity of the altcoin market amid the new rally. Ripple’s XRP has seen quite a bit of activity recently. Not only […]

India-based WazirX exchange has listed STORJ

According to WazirX, STORJ/USDT trading was set to commence on July 24 10:30 AM UTC. Kraken exchange also listed STORJ alongside COMP, KAVA, and KNC. Kraken noted that these listings aim to help its clients dip their toes in the DeFi sector. India-based WazirX exchange has added support for Storj (STORJ), a crypto asset that […]

Cryptocurrencies May be Regulated as Commodities: Ex-Indian Finance Bureaucrat

Yesterday, in an online discussion with India’s leading cryptocurrency industry players, the country’s former Finance Secretary, Mr. Subhash Chandra, said that ‘crypto assets’ should be regulated, but with ‘rules.’ Garg previously headed the Inter-Ministerial Committee that drafted a draconian bill banning cryptocurrencies in India. Maybe We Can Try to Regulate it (Crypto) as a Commodity: […]

India will lose the dollar battle if it bans cryptocurrencies

In a recent interview with Digpu News Network, Adv PM Mishra discussed the stance that various countries have regarding cryptocurrency regulations. He spoke about the repercussions that cryptocurrency bans have on countries in the long run. Mishra said that he was invested in knowing how several governments have encouraged regulated cryptocurrencies, adding that he has […]

India’s crypto trading boom: 7 apps to buy, sell, store bitcoins and other cryptocurrencies

Even as India faces its worst economic crisis in almost three decades, local crypto trading, especially on peer-to-peer exchanges, has peaked. This is believed to be a direct impact of the Supreme Court lifting RBI’s “unconstitutional” two-year ban on cryptocurrencies in March, only three weeks before the country went into lockdown. Anticipating a favourable result, […]

Binance Joins Indian Tech Association That Helped Overturn Crypto Banking Ban

Binance, the world’s largest cryptocurrency exchange by trade volume, has joined the Indian tech industry association that helped overturn the nation’s crypto banking ban earlier this year. The cooperation between Binance and the Internet and Mobile Association of India (IAMAI) is an early step in implementing industry best practices in the Indian crypto market, according […]

Reserve Bank of India green-lights banking for digital currency businesses

India’s central bank has provided clarity regarding the legal status of banks servicing digital currency-related entities in the country. In a statement, the Reserve Bank of India addressed the current ban on banks servicing the sector, noting that “no such prohibition exists,” according to the Economic Times report. A query for information The RBI released […]

Why India needs crypto

The lifting of crypto trading restrictions from India remained one of the most exciting stories in the space this year. While the world’s fifth-largest economy is expected to provide further regulatory clarity for industry participants who have local operations, the post-COVID economy downturn could be a pivot point that could fuel demand for cryptocurrency in […]

Latest Fiat-Crypto Exchange Launches in India as Local Trade Volumes Soar

A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. […]

With Reliance Jio-Facebook deal, Libra may become a reality in India

On Wednesday, Facebook announced that it would pump in $5.7 billion (Rs 43,574 crore) in Reliance Jio Platforms Limited. With this investment social media giant, Facebook will be holding a 9.99 per cent equity stake in Reliance Jio Platforms. On this deal, Nischal Shetty, the founder of leading cryptocurrency exchange WazirX tweets that this is […]

Binance targets emerging markets with P2P support for India’s INR, Indonesia’s IDR

It would seem that one of the world’s foremost crypto-exchanges Binance is on a development spree lately. Two weeks after the crypto-exchange announced the acquisition of crypto-market data aggregator, CoinMarketCap, the CZ-led exchange is in the news again after it announced P2P trading support for a few fiat currencies – the Indian Rupee [INR] and […]

New survey reveals a growing interest in crypto in India

A recent survey conducted by peer-to-peer Bitcoin marketplace Paxful shows increasing interest in terms of crypto adoption in India. The study of investors aged between 18 and 55 revealed that 75% of them had invested in cryptocurrencies. Before the Reserve Bank of India (RBI) lifted the crypto ban, Paxful said that trade volume in the […]

Indian exchange BuyUCoin expands to Estonia

India’s digital currency industry keeps on growing ever since the banking ban was lifted. The latest to make a big move is BuyUCoin, a digital currency exchange based in Delhi that has now obtained an operating license in Estonia. The exchange also announced that it had partnered with a local mobile payments processor as part […]

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