India
SHIB Overtakes Bitcoin as Top Traded Token in Indian Rupee Market This Week
WazirX founder and chief operating officer Siddharth Menon discusses the rise of meme coins in India as the Shiba Inu coin has overtaken bitcoin as the top traded token in the Indian rupee market this week. #Shibainu was the top Twitter trend in the country. Plus, the state of crypto affairs and acceptance within the Indian parliament.
India’s Securities Regulator Warns Advisers Against Dealing in Unregulated Assets
SEBI cautioned investment advisers to not deal in unregulated assets, including digital gold.
India’s Newest Crypto ‘Unicorn’ CoinSwitch Kuber in Talks with Government over Regulation: Report
CEO Ashish Singhal said the company is making “amazing progress” in its conversations with the government and regulators.
A16z, Coinbase Back CoinSwitch Kuber in $260M Funding Round
The Indian exchange is valued at $1.9 billion, making it India’s second crypto “unicorn.”
Large Institutional, DeFi Activities Dominate India Crypto: Chainalysis
The blockchain research group thinks the country could soon become a regional hub for cryptocurrency-related investments.
CoinDCX Appoints Bollywood Superstar Amitabh Bachchan as Brand Ambassador
CoinDCX is confident the superstar’s mass appeal will bring more visibility for the crypto industry.
Crypto Industry Could Add $184B of Economic Value to India by 2030: NASSCOM
The industry currently employs 50,000 people in India, a number which is expected to grow to over 800,000 by the end of the decade.
Upbit Passes Korea Crypto Race Post, P2P Transactions Surge in India
Upbit was named as the first officially licensed crypto exchange under new Korean regulations. India sees a surge in peer-to-peer transactions amid banking challenges. Cosmos hits an all-time high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CrossTower Launches Trading Platform in India: Report
Thirty-five people have been hired to operate the new unit in India, with plans to increase headcount to 100 in the coming months.
Invesco Mutual Files for Blockchain Fund in India
The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.
