Blockchain & crypto news from India
Other than for scams and frauds, cryptocurrency has its uses in the world of charity too. Crypto payments are fast – millions can be transferred from one part of the world to another without too many people in the know. Setting an account is easy, and there are no intermediaries. The usefulness of digital currencies…
The Central Bank of the UAE (CUAE) has announced a transformation program for the emirate’s financial sector, and its nine initiatives include a CBDC. In order to make UAE a “financial and digital payment hub”, the CUAE has launched the Financial Infrastructure Transformation Programme (FIT). The wider aim is to push the CUAE among the…
The ongoing World Economic Forum at Davos is a meeting place of the big names of the world. This year, crypto and blockchain businesses have a lot at stake after a year full of turbulence. Several scams and collapses have hit the trust factor. An unlikely competition has now emerged in the form of CBDCs…
One can live entirely on Bitcoin and Tether in the City of Lugano located in the southern-most part of Switzerland. The news was shared by Lugano Plan ₿, which is a a joint initiative between the City of Lugano and Tether, and will be holding a forum this year in October, to be organized by…
Crypto exchange Huobi has release its 2022-23 market report, “Global Crypto Industry Overview and Trends”. Two major highlights of the report are Asia dominating in terms of crypto user base, and the popularity of NFT on search engines. Major highlights & stats of crypto industry in 2022 The total number of “crypto users” globally are…
A BBC report recently highlighted the stalled state of Akon’s dream – a $6 billion worth Bitcoin city in his native country of Senegal. Though even a single stone is yet to be placed, Akon still believes in the project and has come out with more promises and plans. He has however re-assured that those…
A small handful of countries consistently rank among the top when it comes to rankings for being crypto-friendly to businesses. As 2022 nears its close, Singapore has emerged on top on various metrics, such as the number of crypto businesses, funds raised and activity of venture firms. Singapore was followed by the UK, Cayman Islands,…
Consistency and adherence to best practices depend on the work of international standard-setting organizations. One of the most intriguing technological advancements of our day, blockchain is revolutionizing a wide range of goods and services. The blockchain market could be valued $1.4 trillion by 2030 and increase the world’s gross domestic product by $1.76 trillion. The…
The nation will host the G-20 meeting the following year, therefore it will influence the agenda. How to regulate crypto assets, according to Indian Finance Minister Nirmala Sitharaman, should be a top concern on the global stage and will be a major topic of discussion at the summit that will kick off India’s one-year presidency…
Expectations are high in the crypto world after the appointment of Rishi Sunak as the new Prime Minister of the UK, who is seen as ‘crypto-friendly’. The Coin Telegraph described the event as a ‘victory for crypto’. The reasons for these epithets can be seen in some of the latest acts and views of Rishi…