Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’
Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser. Go to Source
India
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India’s Bitcoin Treasury Era Begins With a Bold Corporate Pioneer
An Indian company has made history by adopting bitcoin as its primary treasury reserve, signaling a bold shift in corporate finance and digital asset strategies. Corporate India Ushers in Bitcoin Treasury Era with Groundbreaking Move Jetking Infotrain, a 77-year-old Indian IT training company with a $5 million market capitalization and $2 million in annual sales, … Read more
CoinDCX’s BitOasis receives full crypto license in Dubai
BitOasis’ acquisition of the full VASP license marks the final step in BitOasis’ VARA licensing process, targeting a range of crypto trading services. Go to Source
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing Indian Trade Reserve Bank of India (RBI) Governor Shaktikanta Das clarified India’s stance on global currency discussions during a post-monetary policy press … Read more
Crypto Biz: Wall Street gets a taste of altseason
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more. Go to Source
In India, adoption metrics don’t match on-ground reality
There is a key disconnect between India’s top crypto adoption metrics and the lack of widespread cryptocurrency use. Go to Source
BitGo in talks to launch services in India
India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024. Go to Source
Binance, WazirX among crypto firms evading taxes in India, says gov’t
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said. Go to Source
AI training consent a ‘perfect use case’ for blockchain — Aptos co-founder
Aptos co-founder Avery Ching said at the India Blockchain Week that controlling which content can be trained on by AI is something blockchain can help with. Go to Source
Crypto thrives in India despite ‘discouraging’ taxes — Local community
India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Go to Source