Cryptocurrency Analysis and News Portal
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully understanding it.” 419 Ads in Violation —
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A YouTuber started traveling the world to see whether he could survive solely on Bitcoin as a means of payment.In the latest episode of Cryptox’s ‘Crypto Stories’ series, Paco from India explained how he started his journey from the city of Bengaluru and learned from the example of travel pioneers
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The Reserve Bank of India (RBI) has launched a blockchain-based trade financing pilot project in collaboration with top lenders including HDFC bank, ICICI Bank and State Bank of India, among several others, Economic Times reported, citing unidentified sources. See related article: India FM: RBI to issue blockchain-based digital rupee Fast facts Belgium-based SettleMint,
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The 1% TDS liability – which will take effect on July 1 – is the most controversial provision of India’s recently introduced crypto tax law, with the industry even exploring a legal challenge. Another provision, which enforces a 30% capital gains tax on all crypto transactions, took effect on April
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The company yesterday said it was letting go 1,100 employees, or 18% of its global workforce. Original Source
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India is the global leader in non-fungible token (NFT) gaming, while the number of play-to-earn (P2E) players in developed countries like the U.S. and France is significantly lower than in much of the rest of the world, the latest data from Finder has shown. More People Plan to Play in
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Following its initial foray into the nonfungible token (NFT) space with the Adidas for Prada re-source project in partnership with digital artist Zach Lieberman and SuperRare, iconic fashion brand Prada has now announced its first independent NFT collection accompanying the Prada Timecapsule.An online event hosted on the first Thursday of
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Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source. Source
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A top Indian Finance Ministry official told reporters that the nation is close to finalizing a consultation paper on crypto after consultations with the IMF, World Bank and others. Original Source
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Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded approach for rolling out CBDC “with little or no disruption” to the traditional financial system.In February, while discussing the budget for 2022, Indian finance minister
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