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International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF’s Chief Comments on Indian … Read more
According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country a score in terms of the most profitable bitcoin trading by country. Researchers Rank … Read more
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions. Go to Source Powered by WPeMatico
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years. Go to Source Powered by WPeMatico
The latest funding round doubled CoinDCX’s valuation to $2.15 billion, making it the most-valued crypto company in India. Go to Source Powered by WPeMatico
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees … Read more
Payment services providers have also cut ties with major crypto exchanges even when the same is available for gambling and fantasy sports platforms. Go to Source Powered by WPeMatico
Historical-site metaverses may become a new business model for tourism, and they may rewrite history in the process. Go to Source Powered by WPeMatico
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India’s financial inclusion goals via crypto and Web3 investments. Go to Source Powered by WPeMatico
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. Go to Source Powered by WPeMatico