Cryptocurrency Analysis and News Portal
When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed. Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in 2019. A
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Crypto startup ChitMonks has raised $650k in a pre-series A round with the help of early-stage investors Unicorn India Ventures (UIV).The firm aims to revolutionize proceedings by bringing 21st-century blockchain technology to the old-fashion chit-fund market.“At ChitMonks, we are building India’s largest blockchain network for Savings and Borrowings. We synergize
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India, the beautiful country, popularly addressed by the term “unity in diversity”, started stepping towards digitalization. Cryptocurrencies got banned in its initial state by many countries and India is one among them. Fortunately, in March, 2020, Supreme court of India, lifted the ban on Cryptocurrencies and opened the doors widely
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Binance, the world’s largest cryptocurrency exchange by daily trading volume on CoinMarketCap, has joined a coalition in India that helped overturn the nation’s anti-crypto policy and banking ban in March 2020. Binance Makes In-Roads Binance is making in-roads in several emerging and under-developed markets, utilizing part of its billion-dollar warchest to spur
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American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty.In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed to local legislators.India as a dominant use-case for cross-border payments and
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Bitcoin (BTC) trading in India is experiencing a resurgence since the Supreme Court’s decision to nullify the central bank’s 2018 crypto ban. However, insiders say the lack of regulatory clarity is still posing hurdles for virtual currency commerce in the country. India’s Booming Bitcoin Trading Scene According to Quartz India, WazirX —
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Cryptocurrencies are truly global in nature, and anyone anywhere with an internet connection and a wallet can make transactions without any external intervention. The second most populous country, India is one of the fastest-growing crypto markets with a huge potential waiting to be tapped. Recognizing the importance and an opportunity
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A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses.The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. It was originally founded in March; the same month the Supreme Court ruled against the central bank’s longstanding moratorium
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Cryptocurrency, one of the rapidly flourishing technologies in the world which is taking industries to the next level. This cutting-edge technology came into existence with the development of bitcoin. With the advancement of networks, it is quite simple to make this digital currency as world-known. People are now making use
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Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat.Also read: 2x Bitcoin — Wanna Double Your BTC to
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