7 / 11 Relevant items tagged with #India
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India working on 5-point crypto legislation as ban is ruled out
[Sep 11, 2023 4:02 AM] Indian crypto platforms could attain similar status as authorized dealers (similar to banks) under the guidelines of the Indian central bank, RBI.
Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active
[Sep 11, 2023 3:49 AM] Coinbase continues to operate its tech-hub in India and provide wallet services to Indian customers while its exchange operations remain suspended.
G20 nations reaffirm responsible use and development of AI technology
[Sep 11, 2023 1:58 AM] The G20 member nations recommended addressing existing concerns around data protection, biases, appropriate human oversight, and ethics to ensure the responsible use and development of AI.
India Will Decide on Its Crypto Stance in Coming Months
[Sep 11, 2023 1:26 AM] India's individual position on crypto will be analyzed and decided on in the coming months after considering what global leaders agreed to as an acceptable framework for crypto rules as part of the Group of Twenty (G20) deliberations.
India’s Central Bank Digital Currency Has 1.5M Users, 300K Merchants, Says RBI Chief
[Sep 10, 2023 8:00 PM] Reserve Bank of India (RBI) Governor Shaktikanta Das has revealed that India’s central bank digital currency (CBDC) now has around 1.5 million users. In addition, over 300,000 merchants are currently accepting payments in digital rupees, and…
NFT startup Rario loses founders after $120M funding last year: Report
[Sep 8, 2023 7:02 AM] As part of the restructuring efforts at Rario, a number of roles are also being eliminated, according to a report.
India G20 confirms ‘active discussions’ around global crypto framework
[Sep 6, 2023 2:00 AM] Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework.
Indian central bank-backed NPCI begins blockchain recruitment
[Sep 4, 2023 1:58 AM] Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees.
Digital rupee gets big usability boost through Yes Bank integration with UPI
[Sep 1, 2023 3:30 PM] Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December.
OKX plans to enter India, hire local employees for Web3 exploration
[Sep 1, 2023 3:32 AM] The CMO of OKX says the company is looking into its entrance in the Indian market through hiring local employees and “understanding the culture.”
OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
[Aug 31, 2023 7:30 PM] OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications.
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
[Aug 29, 2023 7:05 AM] Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS.
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
[Aug 29, 2023 3:19 AM] The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago.
Latam Insights: Brazil’s Lula Pushes for BRICS Currency; Binance Drops Card Programs
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
[Aug 28, 2023 4:52 AM] Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday.
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
[Aug 28, 2023 1:52 AM] India has advocated for a global crypto framework for years despite its own crypto ecosystem still lacking a clear regulatory framework and simpler taxation.
Venezuelan President Nicolas Maduro Calls for De-Dollarization of the Global Economy
[Aug 28, 2023 1:30 AM] Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerging countries affected by U.S. sanctions. In a message directed to the BRICS leaders, Maduro called…
Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
[Aug 24, 2023 4:30 AM] Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according to Prime Minister Narendra Modi. The country is a leader in digital transactions, the head of the…
Official Hints China Could Pit Expanded BRICS Against G7
[Aug 22, 2023 11:30 AM] China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc…
Crypto P2P scams in India show digital asset education is needed
[Aug 22, 2023 7:01 AM] Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
[Aug 22, 2023 2:46 AM] The number of employees losing their jobs is 71 out of some 590.
Dutch ING Bank Analysts: BRICS Expansion to Power De-Dollarization Across World Economies
[Aug 22, 2023 2:00 AM] Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of the BRICS bloc. While the issuance of a BRICS common currency remains uncertain, according to some…
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
[Aug 15, 2023 10:30 AM] G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress…
BRICS Is No Joke, Bloc Could Become G7 Counterpart, Experts Say
[Aug 14, 2023 3:00 AM] The BRICS challenge to the world’s established economic order is not a joke, according to experts in the field of international relations. Now that the bloc, which unites leading emerging markets, accounts for over a quarter of the global gross…
India plans to use crypto tokens in upcoming native web browser
[Aug 10, 2023 5:29 AM] The feature is envisaged as part of the country’s national web browser project.
India Wants to Use Crypto Tokens to Digitally Sign Documents
[Aug 10, 2023 4:02 AM] The Indian Ministry of Electronics and Information Technology (MeitY) wants to have the ability to use crypto tokens to digitally sign documents in a new indigenous web browser.
India House passes bill to ease Big Tech data compliance
[Aug 7, 2023 8:05 AM] The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for Big Tech companies.
Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
[Aug 6, 2023 11:30 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join…