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“# Indian crypto exchanges prepare ad blitz for festive season ” To celebrate the holiday season in India, cryptocurrency exchanges are looking to lure retail traders by launching aggressive marketing campaigns and giving away crypto. For this year’s Hindu holiday season, which kicked off on Sept. 10, crypto exchanges are encouraging citizens to choose Bitcoin…
“# Blockchain-based platform for fractional property ownership launches in India ” A fintech firm from Pune, India has launched a blockchain-based registry system named RealX that allows Indian citizens to purchase fractional ownership in properties. A report from The Economic Times states that RealX has partnered with Tripvillas, a holiday home rental service, to blend…
“# US crypto exchange CrossTower expands to India ” United States-based cryptocurrency exchange CrossTower is expanding operations to India despite the ongoing legal uncertainty over local crypto regulation. CrossTower has set up a local division in India and launched a cryptocurrency trading platform to capture the growing multi-billion dollar market, Reuters reported Sept. 6. CrossTower…
“# Former Reserve Bank official pushes for India to accept crypto ” The former Deputy Governor of the Reserve Bank of India (RBI) has spoken out about the nation’s financial and crypto ecosystem and stated that digital assets need to be accepted. Speaking at the inaugural HODL ’21 virtual conference organized by the Blockchain and…
“# Report: CoinSwitch Kuber poised to become India’s second crypto unicorn ” India’s recent past has been tumultuous on the cryptocurrency front, yet the local industry is nonetheless rumored to be on the verge of producing another crypto unicorn. According to an unconfirmed report published Tuesday, sources allegedly familiar with the matter have claimed that…
“# India CBDC pilot may commence in December, says RBI governor ” The Reserve Bank of India could commence preliminary central bank digital currency (CBDC) trials before the end of the year. Speaking to CNBC on Thursday, RBI governor Shaktikanta Das said that the central bank was “being extremely careful” in its handling of a…
“# CoinDCX exchange joins ad regulator following Delhi high court notice ” Mumbai-based crypto exchange CoinDCX has reportedly joined the Advertising Standards Council of India (ASCI). In what seems like a response to Delhi Hight Court’s notice regarding ad disclaimers from crypto exchanges, CoinDCX intends to use this partnership to improve advertising transparency and stay…
“# Xiaomi India needs regulatory clarity to embrace crypto, says exec ” Xiaomi India — the subcontinent’s branch of the major mobile phone manufacturer — is interested in the cryptocurrency industry, but needs regulatory clarity from the government. The firm’s managing director, Manu Jain, said in an interview with The Economic Times, “We will want to wait…
“# GoSats launches Bitcoin cashback rewards card in India ” Bitcoin (BTC) rewards company GoSats has launched a new cashback rewards card for customers in India, potentially setting the stage for wider mainstream adoption of digital assets in the world’s second-most populous country. The new product is being introduced in partnership with the National Payments…
“# Women from small cities contribute to 65% crypto sign ups in India ” India’s regulatory uncertainties have not affected the investor’s sentiment towards crypto as the latest data from crypto exchanges suggests a rising influx of users. Binance-owned Indian crypto exchange WazirX reported a 2,648% growth to date in user signups from smaller cities…