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” India aims to develop crypto SOPs during G20 presidency, says finance minister “ The finance minister of India, Nirmala Sitharaman, revealed India’s plan to develop standard operating procedures (SOPs) for cryptocurrencies during its G20 presidency, from Dec. 1, 2022, to Nov. 30, 2023. Sitharaman has previously called for global collaboration to decide on crypto’s…
” India’s central bank outlines digital rupee CBDC plans “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you can visit…
“Apple suppliers add factories in California, other US states” Apple suppliers expanded their US operations last year, particularly in California, amid global disruptions to supply chains and rising political tensions with China. As of September 2021, 48 of Apple’s more than 180 suppliers had operations in the US, almost double of the number a year…
” Totality Corp CEO explains why India is still largely untapped for NFTs “ Despite ranking as one of the highest adopters of cryptocurrency among emerging markets, the majority of the Indian market is yet to embrace nonfungible tokens (NFTs). In an interview with Cointelegraph, Totality Corp Founder and CEO Anshul Rustaggi explained that social…
“Indian tycoon Gautam Adani replaces Jeff Bezos as world’s second-richest person” Jeff Bezos has dropped to third place in the race for riches. The Amazon founder is now the world’s third-richest person, after Indian business tycoon Gautam Adani leapfrogged Bezos in the latest Bloomberg’s Billionaire Index. Adani has amassed an estimated $146.8 billion fortune that…
” One-third of estimated 115M Indian crypto users concerned about regulations “ India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude towards the sector from the government, according to new data. The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released…
” Correlation growing between crypto and equity markets in Asia, says IMF “ Before the COVID-19 pandemic in Asia there was a strong division between the crypto and financial markets in general. Now, that border has got thinner and the situation demands additional regulatory measures, the International Monetary Fund (IMF) believes. In a blog post…
” Indian authorities freeze $8.1M in WazirX funds as part of AML investigation “ India’s Directorate of Enforcement, or ED, has announced it froze roughly $8.1 million in funds and conducted a search connected to cryptocurrency exchange WazirX as part of an investigation into instant personal loan fraud. In a Friday announcement, the Directorate of…
” The regulatory implications of India’s crypto transactions tax “ The Indian crypto landscape lost some momentum this year as the government introduced two laws demanding crippling taxes on crypto-related unrealized gains and transactions. India’s first crypto law, which requires its citizens to pay a 30% tax on unrealized crypto gains, came into effect on…
“Facebook owner Meta releases first human rights report” Facebook-owner Meta released its first annual human rights report on Thursday, following years of accusations that it turned a blind eye to online abuses that fueled real-world violence in places like India and Myanmar. The report, which covers due diligence performed in 2020 and 2021, includes a summary of a controversial human rights impact…