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“# Indian PM calls for cryptocurrencies to ’empower’ democracy at global summit ” Cryptocurrency made an appearance at a global online summit for world leaders in a speech from Indian Prime Minister Narendra Modi. At Friday’s events for the Summit for Democracy hosted by U.S. President Joe Biden, Modi said India would be willing to…
“#A staggered green roof gives this educational building organic architecture with sustainable building practices!” Envisioned in Indore, India by Sanjay Puri Architects, Prestige University is a mixed-use educational building that combines sustainable building practices with organic architecture. With plans for a 100-acre university campus in the works, Sanjay Puri Architects completed the designs for the…
“# Indian trade group recommends ‘special class security’ status for crypto ” The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class. The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for…
“# Indian CoinDCX crypto exchange to go global in 2022, says exec ” Ongoing uncertainty around cryptocurrency regulation in India isn’t stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to move forward with its global crypto-to-crypto trading platform — dubbed Cosmex — in 2022, according to a senior executive…
“# India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail ” On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government’s crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million USD) or 1.5 years in…
“# Smart crypto policy could keep India’s tech dominance on top ” There’s no denying that the Indian government shares a contentious relationship with cryptocurrencies, as was made clear recently when the government indicated that it plans on banning all private cryptocurrencies — a list that could potentially include just about every digital asset in…
“# Law Decoded: Bitcoin exchange-traded funds are put on the spot again, Nov. 29–Dec. 6 ” Do you remember the time when a fleeting mention of Bitcoin, stablecoins or even central bank digital currencies by a top-ranking government official was considered major news all over the cryptoverse? Feels like it’s been forever. As we find…
“# Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal ” Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, per a report published in the Economic Times. The banking giant announced it has partnered with the leading crypto exchange WazirX, which would allow traders…
“#New Twitter CEO Parag Agrawal raises free-speech concerns” Some critics fear Twitter’s new CEO has a worse record on free speech than his predecessor —given his “terrifying” public statements on the issue, an “appalling” new rule implemented on his first day on the job, and a major executive restructuring Friday. The concern is that Parag…
“# Cabinet note suggests India will regulate, rather than ban, crypto ” According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead regulate the sector. On Nov. 23, Cointelegraph reported that the Indian government was considering a bill proposing the creation of an official…