Blockchain & crypto news from India
Robinhood Markets Inc. is quietly testing a new crypto transfer feature and cryptocurrency wallet for its app. This will enable customers to receive and send virtual currencies like bitcoin. According to a report, a beta version of its iPhone app showcased the firm’s work on such features. The report added that there was also a…
Christie’s, the British auction house is going to organize an auction for some of the oldest Non Fungible Tokens (NFTs) ever. It will be taking live bids in Ether (ETH) crypto tokens, which the firm said is a first for any noteworthy auction house. Christie’s will be auctioning NFTs from the Art Blocks selected collection…
The government is tracking crypto floating in the market based out of the nation subsequent to a warning that agencies responsible to monitor financial fraud are eyeing a firm called Hyper Fund. According to sources, a DEFI by Hyper Tech Group, Hyper Fund has come under the radar currently. The Group avows to have introduced…
Indian crypto investors now prefer peer-to-peer transfers, Telegram or WhatsApp groups and spot trading to trade currencies because of volatile banking services being offered by the banks to exchanges. Currently, SBI blocked receiving of funds by the crypto exchange on its UPI platform. Though most top-notch exchanges witnessed a rise in buying activity in the…
Blockchain-based music streaming platform Audius collected $5 million in a prudent round of funding from some of the prominent names in the music world. Artist investors in Audius include Nas, Katy Perry, Jason Derulo, The Chainsmokers through their Mantis VC, Steve Aoki, Pusha T, Disclosure and Linkin Park’s Mike Shinoda. The platform that avows to…
India’s largest lender, State Bank of India has banned crypto exchanges from receiving funds through its UPI platform and has asked payment processors to disable SBI UPI on their platform also. SBI’s stance came after a slew of banks imposed alike bans on cryptocurrency exchanges over the previous few years. In May, HDFC Bank has…
According to a tweet posted on Monday by ET Now, the Indian government is anticipating taxing crypto trades and ecosystem in the nation. The tax department is in favor of taxing crypto trades and exchanges and the government believes that any task that results in income must pay tax. The development comes in as the…
In an event organized by the Blockchain and Crypto assets Council (BACC) of Internet and Mobile Association of India (IAMAI), the chairman of India’s Parliamentary Standing Committee on Finance, Jayant Sinha said that country’s bill will have a unique approach for crypto law. He assured that nation’s crypto policies will not be along the lines…
Ukraine is the 5th nation in as many weeks to lay down some regulations for the crypto market, an indication that governments worldwide are grasping that bitcoin is here to stay. In an almost concordant vote, the Parliament of Ukraine accepted a law that regulates and legalizes crypto. The bill was set in motion in…
Cross Tower, one of the world’s leading trading and digital asset investment companies, announced the launch of its crypto trading platform in India. Cross Tower said in a statement that the platform has been developed in a systematic manner on a scalable, robust and resilient infrastructure with best-in-class services, safeguards and capabilities. Cross Tower is…