India, Nigeria, Vietnam lead grassroots crypto adoption: Report

2023-9-13 17:00

The index assessed more than 150 nations to determine grassroots cryptocurrency adoption. The Central and Southern Asia and Oceania (CSAO) region dominated the top of the 2023 index. India The post India, Nigeria, Vietnam lead grassroots crypto adoption: Report appeared first on AMBCrypto.

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UNCTAD Report Pegs India’s Crypto Adoption at 7.3%, Kicks off Debate about Regulation

A recent UNCTAD policy brief says every seventh person in India held a cryptocurrency in 2021, and the largescale adoption in absence of regulations poses risks of financial instability. Released on August 12, the UNCTAD report sparked a fresh debate about India’s crypto regulation bill that the government planned to bring to parliament at least twice last […]

2022-8-26 00:37


LBank Launches in India

While the world seems to be swaying to the ‘inter-nodal symphony’ of cryptocurrencies, India, in particular, looks to be already reveling in the decentralized frenzy. The year 2021 was a breakthrough year for cryptocurrencies in India, with crypto adoption touching new highs post a record rise in the number of crypto users by 641% from […] The post LBank Launches in India appeared first on ItsBlockchain.

2022-4-2 17:41


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India: NASSCOM Report Predicts Multifold Rise in Crypto Adoption by 2030

The crypto industry in India is estimated to flourish massively in the coming years. NASSCOM Report on Crypto Adoption in India According to a recent report by the Indian non-profit association — The National Association of Software and Service Companies (NASSCOM), the cryptocurrency space in the country is expected to grow exponentially this decade. Specifically,Read More

2021-9-26 17:00


India Tops The List Of Crypto Ownership With 100 Million Hodlers, Where Does Your Country Place?

Much is said about crypto adoption and how we, as hodlers, will be on the right side of history. And while regulators, U.S ones especially, have been trying their damndest to derail the revolution, data compiled by TripleA shows a positive trend with crypto adoption, especially in many developing nations. With that, India, despite their […]

2021-9-25 03:01


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India: SEBI to Launch Blockchain-based Platform to Monitor Financial Securities

The securities watchdog of India, SEBI is betting big on distributed ledger technology (DLT) for the monitoring and recording of financial instruments from 2022 onwards. SEBI Bets on Blockchain Adoption The Securities and Exchange Board of India (SEBI) announced yesterday (August 25, 2021) that it is willing to roll out a system for “system andRead More

2021-8-26 13:00


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India: Government e-Marketplace Taps Blockchain Technology for Supply of Vaccines, Medicines

India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as according to a recent report by Mint, GeM is considering experimenting with the emerging technologyRead More

2021-8-20 01:00


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Indian Banking Giant ICICI Restricts Customers from Using Remittance for Crypto Investments

Since the inception of Bitcoin (BTC), India’s attitude on cryptocurrency adoption has been a grey area. In what appears to be yet another setback for the Indian crypto community, one of the country’s largest financial institutions, ICICI Bank, has issued a warning to customers not to use its remittance services to invest in any kindRead More

2021-7-14 23:01


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India’s Central Bank Cites Financial Instability Due to Cryptocurrencies

On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and instituteRead More

2021-2-25 00:00