India

Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran

Probabilities of Indian Crypto Ban Low In comparison with 2019, Says Crypto Veteran

Information concerning the Indian Ministry of Finance circulating a “be aware” for inter-ministerial consultations of cryptocurrency rules spurred panic inside the Indian crypto group. Worries concerning the 2019 draft invoice proposing a blanket ban of cryptocurrencies and potential 10 years sentences for crypto customers had kicked in as soon as once more. In an interview …

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ZebPay Commissions Chainalysis for Crypto Compliance in India

ZebPay Commissions Chainalysis for Crypto Compliance in India

Main Indian cryptocurrency change and pockets supplier Zebpay has commissioned blockchain forensics agency Chainalysis to watch transactions executed throughout its platforms in India. The transfer contains an enlargement within the partnership between Chainalysis and ZebPay, with Chainalysis already offering its Know Your Transaction (KYT) providers for ZebPay’s operations in Singapore. “We wished to construct a …

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Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment

Indian Crypto Alternate CoinDCX Secures Further $2.5M Funding

CoinDCX, India’s largest cryptocurrency alternate, introduced that it had raised $2.5 million from traders together with Polychain Capital and Coinbase Ventures, the funding arm of crypto alternate Coinbase. The funding comes shortly after the alternate’s Sequence A funding spherical in March, during which CoinCDX secured $three million from Bain Capital, Polychain and HDR Group, the …

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Indian Crypto Companies Are Now Helping Thailand's Banks Instead

Indian Crypto Firms Are Now Serving to Thailand’s Banks As an alternative

Indian tech multinational, Wipro, has developed a blockchain-based resolution for banks in Thailand to settle dues. This comes as Indian authorities and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies again dwelling. Thai Banking System Embraces Blockchain Expertise The settlement resolution is part of the primary section of Undertaking Inthanon, which launched in August …

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Indian Crypto Exchanges Search Tax Clarifications to Assist Seamless Operation 

Contemporary off gaining their freedom to function unencumbered, Indian cryptocurrency exchanges are in search of new tax steerage from the federal government. Earlier immediately, the India Instances reported that a number of of the nation’s notable crypto exchanges have written to the Reserve Financial institution to decry the state of tax tips for his or her area. GST …

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