Blockchain & crypto news from India
On Monday, the popular company Tesla announced that a $23 million bitcoin-related impairment brought about some pull on its quarterly operating income. The well-renowned firm only mentioned crypto or Bitcoin one time in its second-quarter announcement, after Elon Musk, CEO of the company seesawed on whether the firm would accept the digital currency for vehicle…
Amazon, the worldwide e-commerce firm’s current job posting suggested that Amazon is in a quest for a blockchain product and digital currency head for its payment team. A vacancy post by Amazon mentioned that its Payment Acceptance and Experience team is in search of an experienced product leader to create the company’s Digital Currency and…
RBI, (the Reserve Bank of India) has said that it is working towards a phased implementation master plan for its digital currency and inspecting use cases where it can be utilized with minimum disturbance. Presenting a strong justification in favor of a central bank digital currency (CBDC) for India, the RBI has said that it…
British artist Adrian Chesterman’s digital artwork that only exists as a high-resolution file that represents the resemblance between cryptos like Bitcoin and traditional money is predicted to exceed its reservation price of $160,000. The Crypto Train, which is now in an online auction specializing in the latest new investment trend, Non-Fungible Tokens (NFTs), was viewed…
Turkey is all set to present its draft bill to regulate crypto in the nation as soon as October. Situated at the junction where Asia and Europe meet, netizens in Turkey have taken crypto as a protection against inflation. The new bill may make it very much expensive for firms to enter the crypto world…
Polygon, the famous Ethereum scaling solution has launched a new dedicated unit named Polygon Studios to concentrate on NFT and the rapidly growing gaming ecosystem. It stated that the new firm would aid ‘bridge the gap between Web3 and Web2 gaming’. Web 1 is usually considered to be the initial era of the internet when…
At a time when the Reserve Bank of India (RBI) glares at private digital currencies, the suggestion of crypto bank Cashaa to introduce banking operations in India for customers of digital currencies like Bitcoin from next month, through the credit co-operative society route, is interesting to note. Cashaa said that it has introduced the world’s…
Jackson Palmer, co-founder of dogecoin slams crypto and insisted that he shall maintain a distance from the hysteria, calling it ‘an inherently right-wing, hyper-capitalistic technology’ designed to increase the riches of its supporters. He yelled against the crypto world and the ‘wealthy’ associated with it. On Wednesday, he posted on his Twitter page that the…
The publicity around Paraguay emerging as the 2nd country to legalizing Bitcoin has doing rounds since El Salvador announced crypto as legal tender the previous month. But, a leaked draft of the cryptocurrency bill that Paraguayan congressman Carlos Rejala intends to present in the Chamber of Deputies – similar to Lok Sabha in India –…
The Centre has listed 23 bills to be presented in the Lok Sabha during the forthcoming Monsoon Session that starts July 19 in the Parliament. As per the tentative list of government legislative and financial business, out of 23, 6 bills have already been tabled whereas 17 will be new. However, the much-anticipated Cryptocurrency Bill…