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Survey Reflects India’s Strong Sentiment Towards Crypto Before and After Ban

News A survey released on April 2 and conducted by peer-to-peer Bitcoin (BTC) marketplace Paxful revealed growing positive sentiment in terms of cryptocurrency adoption in India. Paxful's survey of investors between the ages of 18–55 revealed that 75% of them had invested in cryptocurrencies...

Indian Crypto Exchange BuyUCoin Gets License to Go Abroad

News Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad. Speaking to Cointelegraph, the exchange’s CEO Shivam Thakral revealed that the platform had received its crypto-fiat license in late 2019, followed by a crypto wall..

India Crypto Renaissance: Industry Sees Rebirth as RBI Crypto Ban Lifts

Analysis Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back in April 2018. The prominent investors looking to get a piece of India’s nascent crypto space include Tim Draper, ..

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

News Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the platform had resulted in faster reconciliation and ambiguity resolution, as well a..

Why India Has the Potential to Lead the P2P Finance Revolution

Opinion India’s cryptocurrency ecosystem has been in limbo since the country’s central bank barred banks from dealing with cryptocurrency exchanges in 2018. As of March 4, the Supreme Court of India has done away with those restrictions on crypto, allowing the second-most populous country — and th..

Indian Crypto Exchange CoinDCX Raises $3 Million in Series A Round

News A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was led by Bain Capital Ventures, Polychain, and HDR Group. CEO and Co-founder of CoinDC..

Tim Draper Wants to Invest in the Coming Crypto “Renaissance” in India

News Billionaire investor and the winner of thousands of Bitcoins (BTC) in the Federal Bureau of Investigation’s 2014 Silk Road auctions, Tim Draper, has set his sights on India’s nascent cryptocurrency industry. On March 22, the venture capitalist tweeted that the Supreme Court’s recent reversal ..

Woman Arrested for Stealing $480,000 From Crypto Exchange She Co-Founded

News A woman was arrested in Bengaluru, India on March 17 for allegedly stealing 63.5 Bitcoins (BTC) from Bitcipher Labs — a cryptocurrency exchange that she had previously co-founded. The thefts took place on January 11 and March 11 respectively, resulting in $480,000 worth of BTC being stolen f..

Indian Ministry Reveals Investigations Into Bitcoin Businesses

News A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered..

India Unbans Bitcoin: Binance Launches to Invest $50m in Local Startups

Responding to the repeal of what many dubbed a blanket “Bitcoin ban” in India, cryptocurrency giant Binance and local exchange startup WazirX have joined hands to invest a large sum of capital into Indian blockchain startups. Meet the “Blockchain For India” Fund Announced in a blog post published o..

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