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The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to govern digital currencies in India. Indian Government Seeks More Consultation on Proposed Crypto Legislation India’s cryptocurrency bill is unlikely to be introduced in … Read more
For some blockchain enthusiasts and stakeholders alike, it‘s been a year packed with adventures. Go to Source Powered by WPeMatico
Telangana will launch the blockchain accelerator program in partnership with CoinSwitch Kuber and Lumos Labs. Go to Source Powered by WPeMatico
India’s minister of state for external affairs says that cryptocurrencies must be blocked if they are used for illegal purposes, such as “to launch cyber-attacks in India, to launch other attacks on India, to do other kinds of illegal and unethical work like drug trafficking.” Meanwhile, the Indian government is reportedly making changes to the … Read more
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively working on the country’s crypto regulation. $43 Billion in Trading Volume, … Read more
The economist’s remarks come as nations around the world consider how to control cryptocurrencies. Go to Source Powered by WPeMatico
Narendra Modi also called for a global standard on cryptocurrencies and major social media platforms in an effort to facilitate free and fair elections and governance. Go to Source Powered by WPeMatico
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market. Go to Source Powered by WPeMatico
After announcing Cosmex in February 2021, CoinDCX is now testing its global product to launch in 2022. Go to Source Powered by WPeMatico
The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform know-your-customer (KYC) process for all crypto exchanges. Proposed Rules in … Read more
