Indian crypto pundits recommend that industries be regulated
According to two anonymous sources, the Gujarat International Financial Services Centres Authority (IFSCA) controls bitcoin transactions. Crypto insiders in India have asked for the asset class to be regulated as commodities. Insiders in India’s blockchain and cryptocurrency industries have advised the ministry of finance to treat cryptocurrencies as commodities. Investors would be classified as commodity […]
Crypto bill is almost ready – Nirmala Sitharaman
Nirmala Sitharaman, India’s finance minister, said on Monday that the government was working on new cryptocurrency legislation, she also hinted that in the bill, investors may have an exit option. The Union Cabinet is expected to pass legislation soon to regulate cryptocurrencies and their expanding sector in India. Although cryptocurrency will not be openly banned, […]
GoSats launches Bitcoin cashback rewards card for India customers
India’s first Bitcoin reward startup company GoSats has launched a new cashback feature for its customers based in India, users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. GoSats, a bitcoin (BTC) rewards startup, has launched a new cashback rewards card for Indian consumers, potentially […]
CoinDCX becomes India’s first crypto unicorn after the latest funding round
The latest funding round of CoinDCX at an amount of $90 million has made the firm valued at over $1.1 billion, now the firm stands as India’s first crypto unicorn. CoinDCX, a private cryptocurrency exchange platform, announced a $90 million funding round on Tuesday, valuing the company at over $1.1 billion, despite the RBI’s continued […]
India to launch a futuristic digital payment solution e-RUPI – Prime Minister
India is set to launch a new digital payment infrastructure, e-Rupi this will facilitate transparent and leak-proof payment transfer initiated by several payment services. India’s digital payments system is about to undergo a big revamp later today! Prime Minister Narendra Modi said on Sunday, August 1 that on Monday, August 2 at 4:00 p.m. IST, […]