Polygon and Pyse Electrify Dubai, Eye India’s EV Boom
TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with
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Russia is Using Bitcoin and USDT for Oil Trade with China & India
TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary
India’s finance minister calls for unified global crypto rules
India’s Finance Minister, Nirmala Sitharaman, has urged for a unified approach to regulating cryptocurrencies globally. Sitharaman emphasized that since digital assets are borderless, regulating them would
Indian Authorities Unfreeze WazirX Bank Accounts
In a recent blog post, WazirX stated that India’s Enforcement Directorate (ED) has unfrozen the exchange’s bank accounts. The financial crime-fighting authority froze these accounts about
Cryptocurrency Prices Have No Underlying Basis, Won’t Stay High All The Time, Says RBI Governor
The Economic Times published a new article focusing on bank privatization, crypto, UPI, and other related topics. The part about the RBI governor discussing cryptocurrencies is
Trading Volume Plunges on Exchanges as India Puts Crypto Tax into Action
India has started the effective implementation of crypto taxes. However, several exchanges have posted a significant drop in trading volumes. As per the previous law, a
The Indian Government Is Ready with Its Consultation Document on Cryptocurrencies
Within the upcoming months, it is expected that the inflation rate within India will normalize considerably. The Indian Government has now opted for a more hands-on
India’s Upcoming GST Council Meeting To Propose 28% Tax On BTC
In the upcoming GST Council meeting, officials in India are expected to consider imposing a 28% goods and services tax on cryptocurrencies.
India Could Impose a Total Ban on Cryptocurrencies, Holding Them Would be Illegal
One of the major economic power of Asia, India, is going to put a blanket ban on cryptocurrencies. But this will be more strict than any other country as even the possession of crypto assets will be considered unlawful.
LuLu Exchange Leverages RippleNet to Provide Cross-Border Payments for Indians
LuLu Exchange wants to use RippleNet as an infrastructure for cross-border payments in the United Arab Emirates. The new service is focused on Indian remittances in
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