Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients.Read more
Blockchain platform Solana announced an open invitation to Building out Loud, a hackathon venture exclusively for Indian developers and entrepreneurs.Read more
The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates.Read more
The Reserve Bank of India, or RBI, continues to investigate the issuance of a central bank digital currency, or CBDC.Read more
Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors.Read more
Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round.Read more
Amid the ongoing regulatory uncertainty to cryptocurrencies in India, a high court in the country’s capital is taking action to regulate advertising by local crypto exchanges.Read more
India’s stance on crypto adoption has been a gray area ever since the birth of Bitcoin (BTC).Read more
Commercial banks in India are reportedly reluctant to do business with crypto exchanges in the country.
According to Reuters on Thursday, crypto trading platforms in India are still finding it difficult to open accounts with financial institutions.
India’s reserve bank has long since condemned the use of cryptocurrencies, but other than the Supreme Court striking down its 2018 bill last year, the Indian government’s stance on cryptocurrencies has been largely uncertain.Read more