Blockchain & crypto news from India
On March 9, United Arab Emirates’s ruler and also vice president and prime minister Sheikh Mohammed bin Rashid Al Maktoum declared on his official Twitter account that the Emirates has adopted its first law to regulate crypto assets. The law would work towards establishing and developing Dubai and UAE’s place as important players in orienting…
Princeton University is introducing an initiative on blockchain and its potential to interrupt and restructure power in society. Sustained by four alumni in a combined major gift to Princeton’s Venture Forward campaign, the initiative will call together scholars across disciplines to better comprehend the possible benefits and drawbacks of the technology. The initiative will be…
Cryptography researchers from Stanford University are creating a new privacy-based layer-1 blockchain. As per a new press release, the Espresso System project aims to create a blockchain combining ‘proof-of-stake consensus and a [Zero-Knowledge]-Rollup process to achieve low fees and high throughput’. Espresso Systems has already generated $32 million in funding led by Greylock Partners and…
The United States Federal Reserve is moving ahead with its real-time payment project FedNov Service by initiating with the blockchain infrastructure. The Fed officially introduced the FedNov Service Provider Showcase, targeting to offer financial institutions and users a variety of services to aid them to implement FedNov Service, which launches in 2023. At launch, the…
The government of Ukraine declared that it cancelled its plan of crypto airdrop for receiving donations towards its war against last week Russian invasion. The authorities have instead said that they will sell non-fungible tokens (NFTs) to generate funds to foster its armed forces. Ukraine’s Vice Prime Minister, Mykhailo Fedorov informed the citizens that the…
President Joe Biden is anticipating signing an executive order on crypto this week that will mark the initial step towards regulating how digital currency is traded. The stance comes as admin officials have raised issues in recent weeks about Russia’s use of crypto to escape the impact of crushing sanctions in response to its invasion…
Manchester City is expanding on the crypto hype. On Friday, the ruling Premier League championships declared a multi-year agreement naming OKX its official crypto exchange partner. The deal, which is OKX’s first foray into the sports space, will include Manchester City’s women’s and men’s teams and its esports operations. It will cover a presence inside…
The social cryptocurrency token GARI has been listed on CoinDCX, one of India’s top crypto exchanges. According to the company, GARI’s listing on the exchange would offer its more than 75 lakh Indian consumers an alternative way to get access to one of the largest projects on the Solana blockchain. More than 1 crore people…
The social crypto token GARI is now live on CoinDCX, India’s top cryptocurrency exchange. As per the exchange, GARI’s listing on CoinDCX would provide its more than 75 lakh Indian consumers with another way to get access to one of the largest projects on the Solana blockchain. Over a crore, people had registered on CoinDCX….
Colorado will become the first state in the US to acknowledge cryptos for state tax and fee payments. Citizens of the state will be able to pay their income taxes in Ethereum and Bitcoin beginning from as early as June. Governor Jared Polis declared the same a few days ago. To reduce difficulties with volatility…