Blockchain & crypto news from India
A game based on non-fungible tokens (NFTs), Axie Infinity clocked $1 billion in all-time sales – the highest ever for the platform supported by the Ethereum blockchain. It is much similar to a Pokemon game. Players have to gather ‘Axies’ which are nothing but cute characters each having a unique combination of body shape, parts…
Uncertainties around cryptocurrencies in India won’t be fading away anytime soon. Known as the Crypto Bill, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, was not listed among the 23 bills in the tentative list of government legislative and financial business to be tabled during the Monsoon Session in the Lok Sabha of…
According to a report, the Enforcement Directorate (ED) has sent many notices in the previous month related to cross border crypto transactions and trades of NRIs (Non-Resident Indians) who extended their stayed longer in the nation due to the novel Coronavirus pandemic in the previous year, betting on Euro 2020 matches. The report, mentioning an…
Money laundering and terror financing have flourished in the previous one year as governments and nations across the world directed their concentration only on combating the novel Coronavirus pandemic. The new era of the digital asset in the form of crypto has surged terror financing. Crypto is encountering a rise in the market value in…