India

India

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Binance CEO Willing To Step Down

Bitmain spins off Antpool bitcoin mining pool. Indian banks invest in blockchain technology. Binance CEO reconfirms he is willing to step down. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast”.

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India’s ICICI, Axis and HDFC Bank Take Stakes in Blockchain Startup IBBIC: Report

All three have holdings in excess of 5% in the company, which develops distributed ledger technology products for Indian financial services.

The Gateway of India in Mumbai.

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NFTs Are Coming to India's Flourishing Art Market

Auction houses are struggling to cater to India’s growing appetite for art. With 624 million internet users in India, NFTs could be the perfect disruptor.

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India Issues CBDC Update, Korea Threatens to Block Exchanges

India issues update on CBDC plans. Korea threatens to block access to foreign crypto exchanges. Hong Kong’s Animoca Brands launches NFT accelerator. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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India's Central Bank Considering Pilot Programs for CBDC: Report

Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.

Reserve Bank of India

Video

Polygon Launches Unit to Grow Blockchain Gaming and NFTs

Polygon has launched Polygon Studios, focused on helping to advance blockchain gaming and non-fungible tokens (NFTs). The co-founder and COO of the India-based Ethereum-scaling project, Sandeep Nailwal, discusses how the new unit could transform the gaming industry's existing business model. "NFTs [are] basically going to be the gateway to bring masses into [the] blockchain," Nailwal said. Plus, insights into the state of crypto regulations in India and the Polygon ecosystem.

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India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon

Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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ICICI Blocks Crypto Transfers, Korea Banks to Report Crypto Crime

India’s ICICI bank blocks international crypto transfers. Korea says banks must report crypto-related money laundering. Fears over plagiarism hit the NFT world. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Indian High Court Seeks Disclaimers on Crypto Advertising

The High Court of Delhi is seeking responses and has scheduled the matter for discussion in August.

Government buildings in New Delhi.

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India's ICICI Bank Stops Customers From Making Overseas Crypto Investments

ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.

Delhi, India