India to develop dark net monitoring tool to combat crypto fraud: Report
The tool will monitor crypto wallets and alert the Indian Ministry of Home Affairs about irregular transactions, according to a report. Go to Source
India
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Indian state governments spur blockchain adoption in public administration
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology. Go to Source
German crypto regulator calls for global rules to also govern niche finance centers
BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions. Go to Source
India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption Index
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies. Go to Source
India working on 5-point crypto legislation as ban is ruled out
Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian Central Bank RBI. Go to Source
G20 nations reaffirm responsible use and development of AI technology
The G20 member nations recommended addressing existing concerns around data protection, biases, appropriate human oversight, and ethics to ensure the responsible use and development of AI. Go to Source
NFT startup Rario loses founders after $120M funding last year: Report
As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report. Go to Source
India G20 confirms ‘active discussions’ around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework. Go to Source
Indian central bank-backed NPCI begins blockchain recruitment
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. Go to Source
Digital rupee gets big usability boost through Yes Bank integration with UPI
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December. Go to Source