India Brings Crypto Deals Under Prevention of Money Laundering Act
India’s finance ministry has said that crypto deals will be covered under the Prevention of Money Laundering Act, 2002( PMLA). Noting that the move “ is a positive step in…
India’s finance ministry has said that crypto deals will be covered under the Prevention of Money Laundering Act, 2002( PMLA). Noting that the move “ is a positive step in…
India’s central bank, the Reserve Bank of India( RBI), and the Central Bank of the United Arab Emirates( UAE) have agreed to unite on cross-border central bank digital currency( CBDC)…
Bitcoin and ether traded sideways. Bitcoin was recently changing hands at about $21,500, up a few fractions of a percentage point over the past 24 hours. After plunging late last…
Ether, the second largest crypto by market value, was recently trading slightly above $1,600, a more than 2% gain over the previous 24 hours, although far removed from the $2,000…
India’s Finance minister has referred to the G20 countries to bring crypto inside the “Automatic Exchange of Information ” framework. over 100 countries have adopted the Common Reporting Standard beneath…
The largest cryptocurrency by market capitalization was recently trading at about $41,100, up over 2% over the past 24 hours after two weeks of almost straight declines. Ether, the second…
The crypto industry in India has the potential to add $184 billion of economic value, in the form of investments and cost savings, by 2030, according to a report from…
At 3.5 million people, the United Arab Emirates is home to the largest population of Indian migrants globally, making the UAE the top source of remittances for India. Recognizing a…
India is at an inflection point in fintech innovation. The country’s government and policymakers have the opportunity to foster responsible adoption of new digital asset and blockchain technology by creating…