India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the...
Tag: India
Polygon (MATIC) Tightens KYC Requirements for Potential Crypto Investments, Grants Amid Regulatory Uncertainty in India – crypto.news
Stiff crypto regulations in India are making it difficult for businesses to invest or offer grants in the industry, a CoinDesk report notes. Polygon Increases KYC Scrutiny for Investments, Grants Poly...
Crypto Consultation Paper in Cooperation With IMF in Works as India Eye Regulation
3 hours ago | 2 mins read Editors News Uncertain regulations have made it difficult for the Indian crypto business to function. Crypto is a worldwide concern that requires “collective and synchronised...
Polygon looking for improved KYC scrutiny in India
India has continued to work on its crypto policy but hasn’t clearly stated its stance yet. The latest in this regard is improved scrutiny measures from Polygon. The global political changes have force...
India consults with World Bank and IMF in order to be in line with global crypto regulations
The Indian government has been working on a consultation paper on how to regulate cryptocurrencies. The World Bank, IMF, stakeholders and other interested parties have been part of the consultation. ...
Ripple Planning to Setup Office in Silicon Valley of India
7 seconds ago | 2 mins read Bitcoin News Many Central Bank Digital Currency (CBDC) initiatives will be under supervision. Ripple has attempted to enter the Indian market before. Blockchain Company Rip...
These charts show Russia’s invasion of Ukraine has changed global oil
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global...
Turkey and India work on crypto regulation
In the coming weeks, the government of Turkey is expected to submit a draft law regulating crypto exchanges to the Turkish parliament. New crypto regulations coming from Turkey and India Increasingly...
India Is Working With IMF On The Crypto Regulation Paper
The Indian Government reportedly will decide and finalise the crypto consultation paper. This consultation paper will comprise inputs from other stakeholders and institutions such as The World Bank an...
India cooperates with IMF on crypto consultation paper
The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could ...
Ripple Reportedly Opens New Regional Office in India Amid Ongoing SEC Lawsuit
– Advertisement – A new job advert made by Ripple suggests that the company has opened a new office in India. Popular blockchain company Ripple is reportedly planning to establish a new ...
CBDT of India Plans to Define NFT Tax Framework to Remove Uncertainties
10 hours ago | 2 mins read Bitcoin News Tokens like NFT are included in the VDA’s definition regardless of their names. The government of India now levies a VAT of 18% on crypto exchange transactions...
Central Bank in India to Take Phased Approach to Introduction of CBDC
The Reserve Bank of India will introduce its digital rupee central bank digital currency (CBDC) in a phased manner. The asset will undergo proof of concept and pilot stages before fully launching. The...
Reserve Bank of India Reveals Launch Plans of Upcoming CBDC
7 hours ago | 2 mins read Bitcoin News In February, Finance Minister Nirmala Sitharaman announced a digital currency launch. There is still no official regulation on crypto in India. For 2021-22, the ...
India to roll out CBDC using a graded approach: RBI Annual Report
Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded approach for rolling out CBDC ...
The Curious Case of Coinbase’s India Communications Strategy
On April 7, 2022, Coinbase launched operations in India, with executives touting how easy it would be to trade on the company app with payments being processed by Unified Payments Interface, or UPI, a...
NFT Gaming is Most Popular in India (Report)
A recent study conducted by Finder estimated that 34% of the Indian respondents had played a play-to-earn (P2E) game. Hong Kong (29%) ranked second, while the UAE held the third position with 27%. Ind...
India proposes a graded approach for its CBDC: RBI report
On Friday, the Reserve Bank of India (RBI) announced that it was considering a graded approach to the rollout of central bank digital currency (CBDC), the much-anticipated alternative to cryptocurrenc...
Russia Sends Record Volumes Of Oil To India, China
While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports, India and China have stepped up purchases and are importing record volumes of Russian crude, ac...
India needs to fill China gaps to become the “pharmacy of the world”
India has embarked on an ambitious plan to cut dependence on China for key raw materials as it seeks to become self-sufficient in its quest to be the “pharmacy of the world.” Varun Singh B...
‘Bhool Bhulaiyaa 2’ earns $11.9 Million In A Week
Kartik Aaryan and Rajpal Yadav in a still from ‘Bhool Bhulaiyaa 2’. T-SERIES FILMS/CINE1 STUDIOS Kartik Aaryan’s new Hindi film, Bhool Bhulaiyaa 2, that had a grand opening last week, cont...
Binance APAC Head Sees Crypto Edge in India But Not Without Regulatory Clarity
While India struggles to find a regulatory balance in the domestic crypto market, venture capitalists and some global industry players have been bullish about the country’s future in the sector. In a ...
India Ranks First Globally for Play-To-Earn Gaming Adoption
India has hit the number one spot when it comes to Play-to-Earn (P2E). 34% of Indian respondents of a new survey say they’ve played a P2E game. NFT gaming is also popular in Hong Kong (29%) and the UA...
Gaming platform Bud raises $37 million in round led by Sequoia Capital India
Bud, a gaming platform powered by user-generated content, has raised $36.8 million in a Series B round led by Sequoia Capital India. ClearVue Partners, NetEase and Northern Light Venture Capital also ...
Binance Sees Crypto Potential In India, But There’s A Catch
The Indian Government has taken a strict stance on cryptocurrency adoption and trading in the country. However, the administration is yet to announce a regulatory framework over digital assets. Meanwh...
Central Bank Of India Making Negative Stance on Cryptocurrency, Warns Crypto Investments In India
The regulator and Financial bodies worldwide have now turned cautious after experiencing the immense crypto crash and losing a lot of money. The Indian Government by making a negative stance on crypto...
India crypto app CoinSwitch chief calls for regulatory ‘peace, certainty,’ Reuters says
India needs crypto rules to resolve regulatory uncertainty, protect investors and boost the sector, CoinSwitch CEO Ashish Singhal said on Sunday, as reported by Reuters. “Users don’t know what w...
from yachts to the United Nations
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an offic...
‘Bhool Bhulaiyaa 2’ Scores Big, Gets Highest Opening For A Hindi Film In 2022
Kartik Aaryan, Kiara Advani and Tabu on a poster of ‘Bhool Bhulaiyaa 2’. T-Series Films/Cine1 Studios Hindi film Bhool Bhulaiyaa 2 had a grand opening on Friday at the ticket windows in In...
Ajeet Khurana On the Future of Crypto in India
Ajeet Khurana is a crypto expert looking to bring positive change to the digital currency world of India. Ajeet Khurana Discusses India’s Crypto Future The nation has continued to have a very rocky re...
Climate change made India heatwave 100x more likely: U.K . Met Office
A farmer pours water on himself while working at a wheat farm in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022. T. Narayan | Bloomberg | Getty Images The blistering heatwave in northw...