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Advertising Council in India Formulates new laws for Crypto exchanges
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The recent hype in crypto ads has made the Advertising and Self-Regulating Body ASCI to flag it as "emerging area of concern" and planning to form guidelines for cryptocurrency exchanges. The organization currently does not have any specific codes regulating this type of advertisement and reports having received complaints about
Indian Crypto Exchange Moves Towards Australia
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One of the largest crypto exchanges in India, Zebpay a Singapore-based company is expanding its services towards Australia. The exchange announced on Twitter, Australian users will be able to buy Bitcoin, Ripple, Bitcoin Cash, Ethereum and Litecoin using Australian fiat currency using Zebpay. But Zebpay had to shut down its
Indian Coffee Trading To Use Blockchain based Marketplace
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The government of India has come up with an intuitive plan of using blockchain based marketplace for coffee trading in the country. Essentially, the decentralized nature of blockchain eliminates the role of middlemen and aids both buyers, sellers to get fair and market value price for their product. In fact,
Indian Government launches Crypto Forensic Lab
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The government of India has launched a national level crypto forensic lab which will guard against any cyber crimes related to cryptocurrencies. With digital sector growing at rapid pace in India, it becomes very essential to protect the system which rely on the digital system. Particularly due to anonymous nature
Fraud Crypto Racket of 14 Million Busted In India
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Crime branch in the city of Mumbai, India’s has caught a gang who were involved in crypto racket worth 14 Million USD (Rs 100 crore). According to Local Media TOI, Crypto Investors from Indian cities like Mumbai, Uttar Pradesh, Gujarat and Surat have been cheated in investing on
Indian Government to finalize Crypto Regulatory framework
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A recent RTI report confirms that the Indian government is on the final leg of amending the crypto regulatory framework. The government authorities of the country were in process of creating a regulatory framework for crypto-related transactions. This task was taken care by the Inter-Ministerial Committee (IMC) headed by Subhash
Indian Industries embraces blockchain for B2B payments
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It’s not a new fact that India’s economy is barred with official crypto usage. But the business sector in the country is embracing the blockchain for record keeping and B2B operations Perhaps the decentralized nature of blockchain makes it a more viable option for record-keeping or
Indians Warned by the Police On Crypto Investments
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The Police of Jammu and Kashmir, India has issued an advisory warning to the public on crypto investments. The officials state that cryptocurrencies like Bitcoin have very high risks. According to a local Media, On January 2nd the police has warned the public regarding “heightened risk” of investing
