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Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
15.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
11.3.2022
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000
First Mover Asia: Signs Point Upward for Crypto in India and Korea; Bitcoin and Ether Soar on US Executive Order
10.3.2022
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development
BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments
6.3.2022
PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamless and easy-to-integrate crypto onboarding infrastructure technologies, in line with their...
First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment
3.3.2022
An increase in commodity prices could eat into India investors’ skyrocketing appetite for cryptocurrencies
India’s First Crypto Index Will Be Available on Bitbns From April
2.3.2022
Despite having a large market, the cryptocurrency infrastructures have not been very satisfying for investors in India. This is partly due to the discouraging attitude of the government towards virtual currencies and partly because of the lack of exposure to the lucrative projects from the DeFi...
SEC unable to locate BitConnect founder convicted in $2.4B fraud case
1.3.2022
BitConnect founder is being sued for illegally raising funds and defrauding American investors of over $2 billion
India's Top Court Queries Government on Crypto, but May Not Expect a Response
28.2.2022
The question was asked during a bail hearing and a court order didn't say it needed an answer
India Unveils Guidelines for Crypto Advertising
25.2.2022
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”...
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
25.2.2022
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000
Indian Advertising Watchdog Releases New Guidelines For Crypto Ads
23.2.2022
The Advertising Standards Council of India (ASCI) has released new guidelines for advertising virtual digital assets and related services in a bid to introduce industry standards.
The council said in a statement that the guidelines were developed following extensive consultation with relevant...
Five key takeaways from the official Indian crypto ads guideline
23.2.2022
The new guidelines regulate the size and language of disclaimers while prohibiting portraying the market as a ‘get rich quick scheme.’
India's Crypto Advertising Guidelines Are Out
23.2.2022
India's advertising watchdog had been framing guidelines for virtual digital assets
Indian Police Arrest 11 People in Cryptocurrency Scheme Defrauding 2,000 Investors
22.2.2022
Indian police have arrested 11 people so far in connection with a fraudulent cryptocurrency scheme that has duped about 2,000 investors out of $5.4 million. 11 People Arrested so Far in Cryptocurrency Scam in India Indian police have cracked down on a cryptocurrency investment scheme that has duped...
Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets
18.2.2022
On February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic...
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
RBI Deputy Governor: Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’
15.2.2022
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that they should be banned. RBI’s Deputy...
Chingari integrates native token to advance Web3 social networking
15.2.2022
The 100 million-user Indian social network successful deployed a beta testnet of the $GARI token to 500 dedicated community members in December 2021 in preparation for this week's mainnet release
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
14.2.2022
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’
14.2.2022
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies...