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Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
15.9.2024
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing...
Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review
8.9.2024
Data highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop. Meanwhile, China and Russia’s payment flows are under strain due to...
India’s HDFC Bank Launches New UPI and CBDC Features
2.9.2024
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed...
Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’
1.6.2021
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.” This statement came as the bank scrutinizes crypto transactions...