Cryptocurrency Analysis and News Portal
Algorand entered the Indian market earlier this year with the launch of the AlgoBharat Project. One of the first collaborations was formed with the Self-Employed Women’s Association (SEWA). Blockchain protocol Algorand (ALGO) has announced its expansion into India through major collaborations with prominent organizations including NASSCOM, TiE Bangalore, and the Mann
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The annual report from India’s Ministry of Home Affairs (MHA) revealed that officials from various cybercrime and police departments were trained in cryptocurrency forensics and investigation during the financial year 2022–2023.The MHA highlighted that, under the Narcotics Control Bureau — India’s central law enforcement and intelligence agency — 141 officers
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India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).HPCL has partnered with the blockchain software firm Zupple Labs to integrate its blockchain-based digital credentialing technology into the purchase order system, the firms
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Gemini began its venture into the Indian market earlier this year after it announced the opening of its second-largest office in Gurgaon. One of the globally top-rated centralized cryptocurrency exchanges, Gemini Trust Company LLC, has announced plans to inject up to INR 200 crore, or about $24 million, into the economy
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Cryptocurrency exchange Gemini is allocating 2 billion rupees ($24 million) for its expansion in India.According to the Sept. 26 announcement, the funds will be used to grow Gemini's development center in Gurgaon. The exchange said: "Our teams based in Gurgaon will also be responsible for core platform fundamentals in the areas
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The U.S.-based cryptocurrency exchange also plans to double its headcount in India from 70 to 150 employees. Gemini, a cryptocurrency exchange co-founded by the Winklevoss twins, is planning to expand its presence in India despite the challenging regulatory landscape. In a blog post on Tuesday, Sept. 26, the New York-based crypto exchange
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The Indian Ministry of Home Affairs (MHA) is reportedly developing a crypto intelligence tool in response to a rise in illegal activities around cryptocurrencies in the country. According to a CNBC report, the MHA aims to combat crypto-related crime through the Cryptocurrency Intelligence and Analysis Tool (CIAT). The project is spearheaded
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India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt to its annual Index report which shows that central and south Asia and the
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India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania
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On the occasion of the G20 summit, India said that it is willing to closely cooperate with all member nations to work on a clear regulatory framework for crypto. In the upcoming months, India is planning to decide its own position and stand on digital assets after proper analysis and
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