India

Fresh reports of Indian crypto ban are “clickbait,” says local source

The draconian bill introduced by the country’s former finance secretary Subhash Chandra Garg in 2019 to ban cryptocurrencies in India haunts the country’s crypto enthusiasts and entrepreneurs to this day. Reports from Bloomberg and the local news outlet Economic Times about the further development of the bill and the possible introduction of it as law …

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From open arms to full bans: The latest on crypto regulation in Asia

When most people hear about buying Bitcoin (BTC) or other cryptocurrencies, they immediately think of the largest exchanges, most of which are located in Asia. Today, countries such as China and South Korea have become epicenters of blockchain innovation. However, in many countries, it’s still unclear whether cryptocurrencies are allowed, and if they are, what …

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‘PUBG Mobile’ will escape India ban by cutting out Tencent

Adnan Abidi / reuters Last week, India banned another 118 apps with links to China. PUBG Mobile Lite and PUBG Mobile Nordic Map were included in that sweeping ban. Now, PUBG Corporation says it’s looking for ways to bring the apps back to India. The South Korean company was included in the ban because the …

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Netflix, Amazon and Disney+ will self-regulate to avoid censorship in India

INDRANIL MUKHERJEE/AFP via Getty Images Streaming services are keen to prevent regulators from censoring their content, and they’re willing to police themselves to ensure that artistic freedom. Variety reports that Netflix, Amazon Prime Video, Disney+ Hotstar and 12 other companies have signed a self-regulatory code to stay on the good side of India’s regulators. This …

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Hacker Hijacks Twitter Account of Indian Prime Minister’s Relief Fund, Asks Followers for Crypto

Prime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending cryptocurrency to the attackers. The Modi incident is another sobering reminder to always think twice before sending crypto to strangers on the internet, even if there’s a blue check and the portrait of a …

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Binance-backed WazirX is the latest Indian exchange to launch staking

The Binance-backed Indian cryptocurrency exchange WazirX has launched a new in-app staking feature on Sept. 1 that will allow its users to stake cryptocurrencies to earn interests. Staking is the process of holding cryptocurrencies in a wallet to support the operations of a proof-of-stake blockchain network in return for rewards in the form of new …

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Blockchain platform connects Indian farmers to UAE food industry

Food industry officials in the United Arab Emirates may soon have a blockchain-based supply chain to obtain agricultural products directly from India. According to an Aug. 31 report, officials in the United Arab Emirates (UAE) will be using Agriota E-Marketplace, a new platform that employs blockchain technology to bridge the gap between farmers in India …

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The Importance of Developing the Decentralized Finance Space

The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are sorely lacking in the existing financial system. And it will enable institutions to move real-world assets onto the blockchain, generating untold …

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