Blockchain & crypto news from India
A famous crypto wallet provider, MetaMask declared Apple Pay integration to its website and app. While Apple doesn’t support cryptocurrency payment directly, MetaMask users will be redirected to Wyre, a crypto exchange that supports the selling and buying of crypto, users will now have the alternative to make the payment via debit or credit card…
Ethereum, the primary blockchain backing Ether, is declaring a grand update, aiming to decrease the enormous energy consumed in Ether mining by 99.95 percent. In addition, the company announced a move to Proof-of-Stake (PoS) mechanism away from the existing Proof-of-work (PoW). For the uninformed, Blockchain is a virtual circulated database that records every transaction, making…
The Indian Finance Bill 2022 with new 30% cryptocurrency tax rules was approved by Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will be in effect from tomorrow i.e., April 1. The bill’s approval by the upper house of the parliament comes within a week after the…
Opera is preparing to establish a new in-browser crypto wallet support for eight new blockchains in an efficient rollout across its apps and web browsers. Blockchains like Polygon, StarkEx, Ronin, Celo, Nervos, IXO, and Bitcoin will come along with Ethereum. In addition, Opera’s desktop crypto browser can now access Polygon and will shortly plug into the rest….
Ukraine began auctioning off a collection of non-fungible tokens (NFTs) on March 25, expanding a cryptocurrency fundraising push that Kyiv expresses has already organized more than $65 million for its war efforts. The ‘Meta History: Museum of War’ is a series of virtual photos – including silhouettes of warplanes, screengrabs of news, and a cartoon-style…
India has tensed cryptocurrency rules by disallowing losses incurred in a particular digital asset to be set off compared to the income from another version of a crypto holding. As per the views of Pankaj Chaudhary to lawmakers in parliament, the government should not allow tax breaks on infrastructure costs incurred while mining crypto assets…
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….
TV Somanathan, Finance Ministry Secretary said that the government policy vis-à-vis blockchain has nothing to with its policy towards virtual digital assets (VDAs) or cryptocurrency. He added that there should not be any worry regarding the use of blockchain in areas apart from currencies or payments. At an event, he said that Government’s policy towards…
According to the administration official aware of the issue, the US administration is about to issue an executive order on crypto this week. On February 18, Yahoo Finance reported that the executive order will direct a wide range of government agencies to study CBDC and crypto and come up with a government-wide strategy to regulate…