Browsing: India

The current proposed crypto bill listed on the agenda of the parliament is same as it was listed in Feb 2021. The details of the bill are still not public. Nothing can be comprehended what the government was actually considering. But, the past series of events around crypto regulation in India do offer a positive outlook.

LandOrc uses NFT and DeFi technology to bridge the funding gap in global real estate market.

The Series C funding round was led by Coinbase Ventures and Andreessen Horowitz (a16z), with participation from previous investors Sequoia Capital, Paradigm, Ribbit Capital and Tiger Global.

“Through Stader, we hope to empower cryptoasset staking throughout the financial sector, making it easy and intuitive for investors to stake assets and generate returns,” states Amitej Gajjala, co-founder and CEO of Stader Labs.

“While Crypto experiences a rapid expansion in India, $GARI is poised to make it mainstream. We are infusing the two, through robust strategies and incorporation of the most-promising industry advances,” states Sumit Ghosh, CEO and Co-founder of Chingari.

The crypto firm will launch staking rewards, derivative products, lending and borrowing, custody solutions, and crypto payments for Indian users.

The Indian government will compartmentalise cryptocurrencies on the basis of their use cases and direct which cryptocurrency will be allowed to trade in India.

The fresh funding boosts CoinDCX’s valuation to US$1.1 billion, bringing its status as a crypto unicorn.

The Reserve Bank Of India (RBI), is planning to launch a central bank digital currency (CBDC) to “reduce the use of cash and protect citizens from the volatility of cryptocurrencies.”

Coinbase has announced job openings in the engineering team, product and design teams, and support function teams such as recruiting and HR.