Bookmarking Crypto Insights
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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
The country wishes to see all crypto activities take place on platforms regulated by SEBI. Go to Source Powered by WPeMatico
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy. Go to Source Powered by WPeMatico
The Securities and Exchange Commission’s continued resistance to spot Bitcoin ETFs draws industry players’ ire. Go to Source Powered by WPeMatico
Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms. Go to Source Powered by WPeMatico