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India To Define Crypto As Asset, Ban Payments, and Ads - Report


Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...

Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude


The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...

Animal Crossing’s New Night Owl Ordinance Isn't Good Enough


Animal Crossing: New Horizons’ big-ass update dropped earlier than expected and while it introduces tons of new stuff, there’s one modest aspect players aren’t totally pleased with: island ordinances, and to be specific, that new Night Owl one.Read more

India to Come Up with Regulatory Framework for Cryptocurrencies


In what could be termed as a complete reversal of decision by the Indian government, speculations are rife that authorities will come up with a regulatory framework that will pave the way for digital currency operations in the country. The move will come to fruition in February 2022. Unlike...

Indian Crypto Regulation Is Planned for February: Report


The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....

WazirX Releases India’s First Exchange Transparency Reports


WazirX, the popular crypto exchange, recently announced India’s first exchange transparency report. The platform released data from April 1st to September 30th to help users understand how it operates. The report sheds light on WazirX’s privacy policy, terms of use, and processes. After the report...

Lanka Asks for $500M Loan From India for Fuel Purchases


This occurred days after Minister of Energy Udaya Gammanpila warned that the country’s existing supply of fuel could last only till Jan 2022. The state-owned Ceylon Petroleum Corporation (CPC) owing the 2 major government banks, the Bank of Ceylon and the People’s Bank, almost USD...

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