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Lanka Asks for $500M Loan From India for Fuel Purchases
18.10.2021
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...
Right-wing Indian group calls for stricter crypto regulations
15.10.2021
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space
Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike
14.10.2021
A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up...
Indian TikTok challenger raises $19M to launch social token on Solana
8.10.2021
“What Axie infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says
New Crypto Unicorn is Born in India, Backed by a16z and Coinbase
6.10.2021
and major crypto exchange Coinbase's venture capital arm. It also included existing investors Paradigm, Ribbit Capital, Sequoia Capital India, and Tiger Global.The company was
Indian crypto exchange CoinSwitch Kuber raises $260M
6.10.2021
Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said
India’s Crypto Market is More ‘Mature’ Than Vietnam’s and Pakistan’s - Chainalysis
5.10.2021
lysis’ Global Crypto Adoption Index: Vietnam, India, and Pakistan, respectively.“The differences between Central and Southern Asia’s biggest markets may reflect the fact that these countries are at different stages of cryptocurrency market development,”
Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis
5.10.2021
When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly
Netflix Announces Documentary About Quadrigacx’s Downfall
27.9.2021
Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No One: The Hunt for the Crypto King,” deals with how...
Indians opt for state-run blockchain platform amid bulk SMS regulations
20.9.2021
India’s SMS regulation requires businesses to comply with pre-registered messaging templates to counter spam and fraud
Cryptocurrency Is Picking up Steam in Small Cities in India: Report
20.9.2021
Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only...
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Indian university joins Hedera decentralized governance council
14.9.2021
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments
India’s Income Tax Department may soon target crypto trades and ecosystem
13.9.2021
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments
Indian crypto exchanges prepare ad blitz for festive season
13.9.2021
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season
India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency
11.9.2021
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take...
Blockchain-based platform for fractional property ownership launches in India
10.9.2021
RealX blockchain-based platform allows Indian investors to buy and sell “direct deeded co-ownership” of holiday properties
India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker
9.9.2021
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.”...
US crypto exchange CrossTower expands to India
9.9.2021
CrossTower is betting on the growing crypto market in India despite the uncertainty over the legal status of Bitcoin in the country
Former Reserve Bank official pushes for India to accept crypto
8.9.2021
Former Deputy Governor of the RBI sees cryptocurrencies as a taxable asset or commodity