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The Union Finance Ministry has announced that it will make a decision on creating a state-issued cryptocurrency shortly, despite a global increase in cryptocurrencies. The Union Finance Ministry has announced that it will make a decision on a state-issued cryptocurrency soon, but will outlaw all private cryptocurrencies, despite a global increase in cryptocurrencies. Union Dy … Read more
The Reserve Bank of India (RBI) is still a critic, but it is now working on a digital currency. The government may submit a crypto law to the cabinet for consideration. According to those acquainted with the situation, India is considering innovative and forward-thinking regulations on cryptocurrencies, a move that could be a break from … Read more
According to news agency ANI, which cited anonymous government sources, Prime Minister Narendra Modi chaired an important discussion today on the future of cryptocurrencies and associated issues. The meeting comes after Reserve Bank of India (RBI) governor Shaktikanta Das issued a warning about cryptocurrencies, warning investors about the dangers of the digital money. The conference … Read more
Players in the cryptocurrency industry are expected to meet with government officials to discuss the roadmap. On November 15, at 3 p.m. in New Delhi, the meeting will begin. Top crypto stakeholders have been invited to a meeting by government officials. The gathering will include representatives from CoinSwitch Kuber, CoinDCX, WazirX, and the Crypto Assets … Read more
Every day at 7 p.m., Mumbai-based techie Anish Gupta switches from his work laptop to his home one. The 27-year-old programmer transforms into a crypto trader, taking advantage of late-night opportunities in the highly volatile market. “My monthly income from day trading sometimes exceeds my pay,” said Gupta, who works for a Gurgaon-based IT outsourcing … Read more
India is rumoured to be modifying its crypto bill in order to introduce it at the start of Parliament’s Winter Session. India is now attempting to regulate cryptocurrency. According to the Economic Times, which cited an unnamed government source, the government is now examining a “middle way” to regulate cryptocurrency that balances all stakeholders’ concerns. … Read more
New Delhi, India: India is seeking a middle ground on cryptocurrencies as it finalises legislation to be submitted in Parliament during the forthcoming winter session. According to a government source, the tough attitude of an outright ban on cryptos is not conceivable due to huge investments in such instruments by Indians, and these unregulated virtual … Read more
Meme coins are no longer a joke. The recent trading frenzy around a digital cryptocurrency known as Shiba Inu—commonly referred to as a “meme” or joke coin—has emerged as the most valuable digital asset for Indians this Diwali, surpassing its rival, Dogecoin, with a global market capital of $40 billion. Bitcoin, the new “Big B,” … Read more
Paytm, India’s advanced installments pioneer, would think about Bitcoin contributions in case the country’s specialists eliminated administrative vulnerability encompassing the reception of digital forms of money. The guidelines around these resources stay in a “hazy situation,” CFO Madhur Deora said in a meeting with Bloomberg television’s Haslinda Amin and Rishaad Salamat Thursday. “Bitcoin is as … Read more