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“#India billionaire Mukesh Ambani at center of bomb scare case” The richest man in Asia is reportedly at the center of a bomb scare case that’s led to an Indian businessman’s murder and ensnared a Mumbai cop. According to local media, Sachin Waze, an assistant police inspector in India’s second-largest city, was arrested Saturday for…
“# India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD ” The Minister of Finance of India, Nirmala Sitharaman, has given a ray of hope for the Indian cryptocurrency community, as more fear, uncertainty and doubt circulate regarding a supposedly impending ban on digital assets. In a March 13 interview with…
“# No crypto ban in India: Finance Minister predicts “very calibrated” stance ” Yet another “crypto ban” turns out to be temporary FUD. In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated. While negotiations are ongoing, she said she expects the…
“#Indian farmers mark 100 days of protest by blocking roads” NEW DELHI – Indian farmers began gathering on Saturday to block a six-lane expressway outside New Delhi to mark the 100th day of protests against deregulation of agriculture markets, to add pressure on Prime Minister Narendra Modi’s government. Farmers young and old headed in cars,…
“# Public, private actors in Delhi trial blockchain-based solar energy trading ” Tata Power DDL, a leading electricity distribution company that serves over seven million residents in North Delhi, is piloting a solar energy trading project together with Australian blockchain firm PowerLedger and the India Smart Grid Forum, or ISGF. The pilot, which runs until…
“# Crypto bank opens physical location in India’s capital as potential regulatory ban looms ” India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur. Unicas reportedly allows customers to access fiat and crypto services at the bank, and provides digital loans using…
“# Central bank digital currency a mixed blessing, says RBI ” India’s central bank has recognized the potential benefits of central bank digital currencies but not without including a few pitfalls. The Reserve Bank of India offered its assessment of CBDCs as part of its report on currency and finance issued on Feb. 28. As…
“# India’s largest crypto exchange adopts decentralized Unstoppable Domains ” India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected…
“# India’s central bank ‘very much in the game‘ with digital currency project ” Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies. According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According to Das, India’s central bank is “very…
“# India’s Warren Buffet says Bitcoin hangover will be worse than the party ” The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse than the party itself. Jhunjhunwala, speaking on CNBC’s Street Signs Asia…