To enhance the penetration rate and adoption of Bitcoin on African and Indian soils, American rapper Shawn Corey Carter, popularly known as Jay-Z, and Jack Dorsey, the co-founder of Block…
India
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- All Alt Coin
India to explore wholesale, retail CBDCs, ‘will release pilot, whichever is ready first’
by Mikiby MikiChina’s digital yuan CBDC is seeing formidable rates of adoption. Meanwhile, Australia reported on the “successful completion” of its research for the Project Atom CBDC. Adding to that, Project Jura…
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This article is an on-site version of our FintechFT newsletter. Sign up here to get the newsletter sent straight to your inbox every Monday Hey Fintech Fam! The past five…
- Ethereum
India Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data
by Mikiby MikiIndia continues its flirtation with Bitcoin and other cryptocurrencies. The Indian Parliament’s winter sessions started, and, as it turns out, BTC won’t be the star of the show. In fact,…
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Earlier, India’s prime minister Narendra Modi said that cryptocurrencies are dangerous and could spoil the youths in the country. Most countries in the world continue to embrace cryptocurrency considering its…
- Blockchain
India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos
by Mikiby MikiThe Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), local media outlets reported. The…
- Blockchain
India Proposes Effective Ban for All Private Crypto Assets, Except a Few In Forthcoming Bill
by Mikiby MikiIndia is finalizing drafting the content of a bill to regulate crypto assets, which will be presented to parliament in the session beginning November 29. India’s government is planning to…
- Bitcoin
Bitcoin and Other Cryptos Tank Over 20% In India Amid Panic Selling Over Crypto Bill Confusion
by Mikiby MikiHeavy selling was witnessed on Indian crypto exchanges earlier today as reports about India banning private cryptocurrencies emerged. The Indian government is currently preparing to the table ‘The Cryptocurrency and…
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India is reportedly working on finalizing the crypto regulations after years of wait and brainstorming. A report from Economic Times suggests that the Indian government would reportedly regulate cryptocurrencies as…