India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders. Go to Source
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G20 adopts IMF-FSB Synthesis paper on crypto regulation
The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis paper of the International Monetary Fund and the Financial Stability Board in September. Go to Source
CoinDCX exchange expands self-custody wallet to support 155 countries
With Transak’s integration, CoinDCX’s Okto wallet has increased the number of supported jurisdictions from 60 to more than 150. Go to Source
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. Go to Source
Gemini invests $24M for expansion in India
Launched in May, the Gemini Gurgaon Hub has since added over 70 staff. Go to Source
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
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