Category: India
-
All Over the World, Small Investors Jump Into the GameStop Frenzy
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter Wall Street hedge funds…
-
India Would Ban Private Cryptocurrencies Under Proposed Legislation
A ban on cryptocurrency trading had been in effect for almost two years before it was overturned by the Supreme Court in March 2020.
-
Reserve Bank of India ‘exploring the possibility’ of a digital currency
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.
-
Blockchain-aided voting trials to begin in India
Blockchain technology could provide the security needed to expand national voting beyond provincial borders.
-
Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data
BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe.
-
MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum
ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.
-
Internet Shutdowns Cost India $2.8B in 2020: Report
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.
-
Indian crypto bank opens physical location, eyes 100 branches by 2022
India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding virtual currencies in the country.
-
India ponders Bitcoin tax law to target $5B market
India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space.
-
India Mulls Imposing 18% Tax on Bitcoin Transactions
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.