Despite its strict regulatory stance on the crypto sector, India has shown notable growth in crypto adoption. This week, blockchain research firm Chainalysis released its ‘2024 Global Crypto Adoption Index’, where India ranked first out of 151 nations. The country leads in overall crypto adoption, centralised service value, and retail…
India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country’s tough regulatory stance and steep trading taxes, a report from blockchain analytics company Chainalysis showed on Wednesday. The report, which tracks adoption across four sub-categories in 151 countries, showed India ranked…
Cryptocurrency has emerged as a sector that has begun attracting investments from a large group of women from around the world. In a new report, eToro has said that cryptocurrency is the second most-widely possessed financial asset for women, right behind cash. In the last two quarters of the year…
JP Morgan, one of the largest banks in the US, has not shied away from expressing its belief in the crypto sector despite the fluctuations affecting the market. As highlighted in its latest Global Markets Strategy report, JP Morgan is expecting the crypto industry to undergo significant changes with the…
Visa, the global credit card giant and payments provider, has made a number of recent trademark applications hinting at a larger move into crypto markets. On October 27, licensed trademark attorney Mike Kondoudis revealed the latest trademark applications for credit giant Visa. The applications suggest that the firm is looking…
Despite the prevailing regulatory uncertainty in India, the crypto industry seems to have collected a fandom. As per the International Monetary Fund (IMF), the return correlations of Bitcoin and the Indian stock market have increased ten-fold in the post-pandemic world. This is indicative of the limited risk diversification benefits of…
Major global crypto exchange Binance is launching the Blockchain and Cryptocurrency Awareness Tour (BCAT) in Africa, a crypto awareness tour within a set location as crypto adoption continues to become a popular trend in the continent. The goal of the tour is to spread blockchain and cryptocurrency awareness as well…
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