Browsing: India

The event aims to explore how blockchain technology can drive India’s ambition to become a global leader in digital innovation while fostering collaboration between government, industry, and startups.

“Stakeholders should aim to position India as a global leader in blockchain technology and proliferate the developed solutions for Global adoption, leveraging it to drive economic growth, social development, and digital empowerment,” states MeitY Secretary, Shri S Krishnan.

Due to the significant depletion of ERC-20 token reserves following the $230 million cyberattack on July 18, WazirX announced that it is unable to resume cryptocurrency withdrawals.

Key Takeaways India is inching towards a significant regulatory shift in the digital assets landscape as the government prepares to release a policy paper on cryptocurrencies…

The Crypto Investors Protection Fund (CIPF) is designed to compensate CoinDCX users for losses in rare scenarios such as security breaches or other adverse events.

“As global Web3 companies increasingly enter India, local communities will play a pivotal role in shaping the future of Web3 projects. Through our flagship events – India Blockchain Tour and Metamorphosis – Octaloop aims to nurture and engage India’s growing Web3 community,” states Octaloop Founder, Anupam Varshney.

Project Nexus aims to enable instant cross-border payments by connecting several domestic instant payment systems (IPS) worldwide.

This offers an opportunity for users to engage with a broader array of digital assets, including emerging and pre-launch tokens.

Key Takeaways Binance, the world’s largest cryptocurrency exchange, has been slapped with a substantial fine of approximately $2.2 million (INR18.82 crore) by India’s Financial Intelligence Unit…

The program entails elevating the Indian Web3 start-up ecosystem through Grants and Funding, Ecosystem partnerships, Community events, etc. with the support from the Base.