Anand Mahindra, an Indian billionaire and a board member of the Reserve Bank of India, bought some pomegranates from a street vendor by paying with Digital Rupee. The payment itself was straight forwa...
Tag: Indias
India’s Draconian Take On Crypto It Aiming A Blanket Ban?
The Central Bank of India has been displaying strong hostility towards crypto for a long time now. Ever since cryptocurrency has gained popularity in a nation that inhabits 17.7% of the world’s popula...
India’s Central Bank Head Calls for Blanket Ban on Crypto
Alex Dovbnya RBI governor Shaktikanta Das remains highly skeptical of cryptocurrencies The Reserve Bank of India (RBI) has issued a stark warning regarding the use of Bitcoin and other digital currenc...
Why Crypto Is ‘Nothing But Gambling’ To India’s Central Bank Governor
Reserve Bank of India Governor Shaktikanta Das has no love for crypto. In fact, he wants to get rid of it through an outright ban, saying that these “are nothing but gambling.” Das said in his speech ...
India’s central bank governor calls for ban on crypto, compares it to gambling
Reserve Bank of India (RBI) governor Shaktikanta Das called for a ban on crypto during a recent conference, according to a Jan. 13. report from India Today. Das said that the central bank’s stance on ...
India’s Shaktikanta Das: Crypto Should Be “Prohibited”
Shaktikanta Das – the governor of India’s central bank – says that the 2008 financial crisis could happen all over again if people don’t start cracking down on the world’s leading digital currencies. ...
India’s WazirX Releases Proof-of-Reserves With Over 1:1 Liability Ratio
Indian crypto exchange WazirX released its proof-of-reserves (PoR) report disclosing its reserves-to-liability ratio of over 1:1. Alongside the paper, published by CoinGabbar, a third-party platform t...
India’s WazirX Publishes Proof Of Reserves, Shiba Inu (SHIB) As Largest Holding
India’s largest crypto exchange WazirX has released its proof-of-reserves (PoR) and has a reserves-to-liability ratio of over 1:1, the company said on Wednesday. WazirX reports reserves worth $286.10 ...
India’s WazirX proof of reserves shows largest holding is Shiba Inu (SHIB)
WazirX, India’s largest crypto exchange, has published its proof of reserves (POR), making public its wallet addresses, exchanges and POR report. In an announcement on Wednesday, WazirX said the publi...
India’s 10 richest people control a fortune worth 11% of the country’s GDP
India ranks among the fastest-growing economies in the world, and as the country continues to progress, so are the fortunes of its wealthiest citizens. However, there is staggering wealth concentratio...
India’s Crypto Taxes Pushing Users Away, Crypto Daily TV 5/1/2023
In Todays Headline TV CryptoDaily News: Core Scientific to shut down Celsius crypto mining equipment. Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining, Core’s larg...
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
Indian crypto exchanges lost around 97.1% of their trading volume between January and October 2022, according to recent research. The report by Indian technology policy think tank Esya Centre studied ...
Dogecoin (DOGE) Becomes Most Held Asset in India’s Largest Crypto App
Gamza Khanzadaev Dogecoin gains massive traction in India as DOGE becomes most held crypto there on par with Bitcoin and Ethereum The Twitter account of CoinSwitch, India’s largest cryptocurrenc...
India’s numerous jobs scams show the depth of its unemployment crisis
Indians looking to escape the country’s chronic unemployment rut frequently fall prey to rackets. One such ring has reportedly conned at least 50,000 people since 2020, making it one of India’s bigges...
Developing Global Crypto Regulation Is a Priority for G20 Under India’s Presidency – Regulation Bitcoin News
The Reserve Bank of India (RBI) says one of the priorities for the G20 under India’s presidency is to “develop a framework for global regulation, including the possibility of prohibition, of unbacked ...
India’s $10 Billion Economy Dream Risks Turning Into Nightmare
Crowds of people walking in a market in Jalandhar. SHAMMI MEHRA/AFP via Getty Images The Center for Economics and Business Research made Indian Prime Minister Narendra Modi very happy this week by tip...
Crypto could spark the next financial crisis, says India’s RBI head
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, did not mince his words when discussing the crypto sector at a recent conference, asserting that “private” crypto will be behind the n...
India’s central bank warns crypto to cause next financial crisis if allowed to grow
As the cryptocurrency sector keeps growing despite occasional setbacks, not everyone is on board with the budding asset class, and some are even warning of a major financial crisis if digital assets a...
Charles Hoskinson Says India’s Anti-Crypto Regulatory Environment Is Preventing Cardano’s Entry ⋆ ZyCrypto
Advertisement     Charles Hoskinson isn’t interested in Cardano pushing into the Indian market until the south Asian country drops its anti-crypto policies for progres...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the sam...
MATIC Price Action Sparks Interest Amid Polygon’s New Deal with India’s E-Commerce Giant
Gamza Khanzadaev Polygon inks major new partnership with Flipkart, whose majority owner is Walmart India’s leading e-commerce company, Flipkart, has reportedly entered into a strategic partnersh...
India’s digital rupee falls flat as low volumes blight trial run
Several Indian news outlets have reported on the lack of interest in the digital rupee. The Hindu Business said it offers no discernible difference with “internet-based banking that users were already...
Reserve Bank of India’s crypto alternative is here: How can one use the e-Rupi?
The Reserve Bank of India (RBI) has launched a pilot program for its new digital currency, the e-Rupi. This will be a digital version of the Indian native currency. RBI’s initiative is to establish an...
FanTiger – India’s First Music NFT Platform, Crosses 50k Transactions, in Top Five NFT Projects Globally
Becomes first music NFT platform to achieve this unique milestone NEW DELHI–(BUSINESS WIRE)–#FanTiger—FanTiger, India’s first music NFT platform, achieved a unique feat by registering record sales of ...
India’s Web3 game discovery & wallet app, Glip, raises $2.5 million
Glip, an India-based Web3 game discovery platform, and wallet app has successfully raised $2.5 million in its latest funding round led by Hashed Emergent, with participation from Beenext and other inv...
FitBurn Partners With 5ire, India’s Fastest-Growing Blockchain Ecosystem, To Bridge Fitness And Blockchain
– Advertisement – The next-gen fitness lifestyle app FitBurn has announced its partnership with the 5ire blockchain. 5ire is the world’s first sustainable blockchain network, developed in ...
Heavy Taxation Could Kill India’s Cryptocurrency Market, Binance CEO Warns ⋆ ZyCrypto
Advertisement     Binance CEO Changpeng Zhao mentioned India’s high crypto taxes as something that can kill the Indian cryptocurrency sector. He said this while speaki...
India’s Enforcement Directorate Freezes $2.5M More Crypto in Gaming App E-Nuggets Case
The investigation relates to a February 2021 complaint filed by regulators in India’s eastern city of Kolkata against Aamir Khan, the app’s creator, and others. The agency alleges that Kha...
India’s Bengaluru Airport Ties Up 15-Year Retail Joint Venture With Dufry
Green oasis: An impression of how Bengaluru Airport’s Terminal 2 will look by next April. BIAL Global travel retailer Dufry will operate the duty-free shops at South India’s busiest airport unde...
India’s Massive Silver Demand Cutting World’s Warehouse Stocks
(Bloomberg) — Indian silver consumption is forecast to surge by around 80% to a record this year, as traders draw down inventories in warehouses from London to Hong Kong after two Covid-riddled ...