Blockchain & crypto news from India
The upcoming Union Budget is expected to bring transparency regarding regulatory ambiguity related to the cryptocurrency sector. Initial highlights of the recommended crypto bill indicate the SEBI’s role in regulating crypto as an investment asset in capital markets, with the Reserve Bank of India supervising the foreign exchange and wider monetary aspects. Jurisdictional transparency in…
Cryptos have been a hot topic lately. But there is a huge awareness gap about this space that requires to be bridged. The Crypto World Expo is expected to do that. It is a recurrent event for today’s crypto and blockchain community. Its 5th summit is going to take place in March 2022 in Poland,…
Super app CyrptoWire has introduced IC15, the first crypto index of India. On Monday, the firm said that IC15 will track the liquidity and market capitalization of the top 15 global digital currencies. It added that the IC15 is a rule-based broad market index by market capitalization that computes the performance of 15 extensively traded…
The largest bank in Russia, Sberbank has launched what it said is the nation’s first exchange traded fund (ETF) to offer exposure to firms involved in the blockchain industry. In a statement, the bank said that called the Sberbank Blockchain Economy ETF, the fund from Sber Asset Management trades on the Russian stock market under…
Latest regulations are being passed in the United Arab Emirates (UAE), ensuring strict punishments for cryptocurrency scammers targeting investors in the nation. These regulations which will come to effect on January 2, 2022, call for prison time for up to half a decade and penalty up to approximately Rs. 2 crores i.e. AED 1 Million….
On Tuesday, Prime Minister Narendra Modi led the 54th convocation ceremony of IIT-Kanpur where he introduced the blockchain-driven degree transfer technology with which digital degrees were offered to the students. The ceremony was conducted in hybrid mode and Yogi Adityanath, Chief Minister also attended the event as the guest of honor. The students who didn’t…
Blockchain technology and its dapps have far and wide implications. In December 2021, Vodafone became a Santa to the United Nations refugees agency, UNHCR. Vodafone has sold the world’s first text message, “Merry Christmas” (which was sent on December 3, 1992), in a an auction on Tuesday for 107,000 Euros ($121,000) as a Non-Fungible Token…
Cryptocurrencies are becoming popular each day for investing & trading in India. Some sources speculate there could be ten crore crypto investors in India, which is a lot more than India’s stock market investors. Recently, Google Trends have shared their data which reveals that, for the first time, global searches for the term “NFT” appear…
On Wednesday the official Xinhua news agency said that it will issue a digital media photo collection through NFTS (non-fungible tokens), a first for China and an upsurge for the blockchain technology that supports them and that Beijing has earlier criticized. Regarded as digitized ownership certificates, NFTs have earned fame across the globe this year,…
The Government of India was criticized severely to introduce new laws for crypto during the Parliament’s Winter Session which started on November 29. The session has concluded and the crypto bill didn’t make it to the table. This is the second time that ‘The Crypto and Regulation of Official Digital Currency Bill, 2021’ was listed…