startup india
Gemini Allocates $24 Million for Expansion in India
Gemini is set to invest $24 million in its Gurgaon development center in India, focusing on core platform areas like compliance and security. The move is part of Gemini's broader strategy to tap into India's burgeoning tech and startup ecosystem.
Fintech Startup Stripe Reaches $35 Billion Valuation
According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion
The Reserve Bank of India Has its Eyes on CBDC
The Governor of the Reserve Bank of India says the monetary authority is “very much in the game” to launch a CBDC.
India Cryptocurrency Ban Resurfaces, Traders and Miners to be Targeted This Time
India is out again to ban cryptocurrencies with a target on traders and miners.
LinkedIn: Blockchain Jobs Skyrocketing in India
According to LinkedIn’s 2020 Emerging Jobs Report, positions, such as blockchain developers, have skyrocketed to unprecedented levels in India. LinkedIn views emerging jobs as tasks that have witnessed incredible demand in a certain region.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency
India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.
India Considers Banning Crypto Trading Which Could Impact 1.7 Million Dependent Local Traders
The federal cabinet in India is expected to discuss a new bill that could once again ban cryptocurrency trading in the nation.
Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.
India Taking a Step Towards CBDC After the Debut of its Blockchain-Based Payment System Vajra?
India has been taking multiple stances when it comes to blockchain and cryptocurrencies, as cryptocurrency has not been deemed legal, but not it is not considered illegal either. The National Payments Corporation of India (NPCI) recently designed and adopted a blockchain-based system for automating payment clearing and settlement processes.
How the New Crypto Law in India Could Play Out
After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.
The Coffee Board of India Views Blockchain-Driven Platform as the Holy Grail
At least 30,000 coffee farmers have signed up for a blockchain-driven electronic-market platform since it was launched by the Coffee Board of India (CBoI) in March
Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests
Bitspark, a blockchain remittance startup based in Hong Kong recently announced its abrupt closure, stating internal restructuring issues.