Cryptocurrency Analysis and News Portal
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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The repeal of a blanket ban on cryptocurrencies in March by India’s central bank, the Reserve Bank of India, has been a boon to the thriving crypto industry in India — with the launch of new exchanges being a catalyst. This is despite the country being one of the most severely
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Leading cryptocurrency trading platform Binance has joined the Internet and Mobile Association of India’s (IAMAI) digital asset exchange committee.The association is the top trade body representing digital firms in India and was a key voice petitioning lawmakers about the Reserve Bank India’s (RBI) ban on financial institutions providing banking services
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Indian police have registered a case against five individuals suspected of involvement in a cryptocurrency scam that has defrauded investors since 2017.Despite operating for several years, the scammers are only believed to have made away with a modest bounty of roughly $34,200.The group is believed to have solely operated in
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The Indian Ministry of Finance has proposed to legally ban cryptocurrencies within the subcontinent. With this, the Indian crypto community is met with yet another unexpected turn.The proposal will first be sent to the Union Council of Ministers and then be forwarded to the Parliament for final review. The Economic
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[sociallocker id="55298"] Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses.The certification course will be offered as a combination of live online and in-person, on-campus classes. Students enrolling for the course will learn about blockchain foundations, Ethereum, smart contracts, decentralized apps and
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In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency traders. But some banks have been arbitrarily denying services to crypto users and are still doing
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CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase.The investment comes shortly after the exchange’s Series A funding round in March, in which CoinCDX secured $3 million from Bain Capital, Polychain and
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A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers.According to a report published by local news outlet Business Standard, Agri10x will gain access to half a million government-affiliated common service centers that will help farmers in rural
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Agtech startup Agri10x is planning to better connect small-scale farmers to global buyers by using blockchain to cut out the middleman.As cited in local news source Business Standard, the company announced Tuesday it had entered into a partnership with the Indian government to help remote farmers sell their produce on
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