India

Beowulf’s remark, “Do not grieve, wise warrior,” in the Old English epic poem seems to be making complete sense in the Indian crypto-context. The Indian Parliament’s Winter Session has drawn to a close with no cryptocurrency bill making it to the fore. Moreover, the government has not yet confirmed if the proposed cryptocurrency regulations areContinue reading “India: Crypto-regulations, adoption will come, but can they bridge the digital divide?”

India saw all kinds of FUD over the past month, as plans to ban private cryptocurrencies were speculated upon. Even as the parliamentary discussion on the proposed cryptocurrency bill has reportedly been put on hold, the country’s central bank has continued its crusade against the digital asset industry. The Reserve Bank of India recently raisedContinue reading “India’s central bank raises concerns about stablecoins’ effects on the Indian rupee”

Local media reports noted that Blockchain and Crypto Assets Council (BACC) in India will include crypto ads as part of its “standardized self-regulation.” The development follows deferral of the anticipated crypto bill from the recently concluded Parliamentary Winter Session. Crypto platforms in India have been dealing with uncertainty for quite some time, and the industryContinue reading “Crypto ads in India to be self-regulated for now; guidelines to be out soon”

The Winter Session of the Indian Parliament that kickstarted on November 29, concluded on December 23. However, the much-awaited crypto bill didn’t make it to the house, for the second time. Crypto platforms in India have been dealing with uncertainty for quite some time. And this is not the first time when the community wasContinue reading “India: no sign of much-anticipated crypto bill, as winter session concludes”

“What countries are realizing is they have to participate or they have to be left out.” This is what WazirX’s Nischal Shetty opined in context to crypto adoption in a recent interview. He further explained that one or two nations can’t decide the technology’s fate as the ecosystem is very similar to the internet. HisContinue reading “This exec believes that countries will eventually give in to crypto”

The sentiments and trading patterns of crypto investors in India have the potential to rock the global market, as the country’s last brush with crypto ban rumors showed the world. With FUD still brewing in the distance and the rise of inflation, crypto exchange WazirX’s report reveals valuable insights about Indians and their crypto assets.Continue reading “WazirX Report: women prefer Bitcoin while men chose Shiba Inu”

Among a handful of petitions filed to put a full stop to “misleading” crypto-advertising in India, one such plea was filed before the Madras High Court earlier this month. And, that was not it either as the country’s advertising watchdog is reportedly processing complaints around crypto-promotions. Crypto-bill or no crypto-bill: Ads need regulations Indian stakeholdersContinue reading “India must streamline crypto-promotion rules, but is the Sixth Schedule the solution?”

The opposition has been asking the Indian government to clear its crypto position after PM Modi’s Twitter handle was briefly compromised, and a crypto tweet started making rounds. While the account was soon restored, a Bitcoin policy tweet published on the handle went viral. The development follows the report that PM Modi is expected toContinue reading “India: Opposition wants government to clear its position on crypto”

India-based Polygon network has been trending for a while now. Recently the Ethereum-powered network acquired a zero-knowledge (ZK) protocol developer, Mir, for around USD 400 million. Now, it is rolling out a testnet implementation that could possibly hike MATIC by 3X in the current cycle. Roll-out Polygon, a layer-2 scaling solution taking inspiration from EthereumContinue reading “Polygon’s much-anticipated EIP-1559 upgrade live on Mumbai testnet”