Brian Armstrong, the CEO of one of world’s largest crypto exchanges — Coinbase, addressed a rather unpleasant event that his firm recently encountered in India. Days after launching a UPI-based crypto-buying feature in India, Coinbase had to suspend it because the government denied to recognise the move. Armstrong said, Coinbase…
India has mandated a five-year data storage period for crypto exchanges operating in the nation. All virtual asset service providers will essentially have tp store customer information they get via their KYC identification forms for Indian users. The rule also applies to all firms providing Virtual Private Network (VPN) services…
India’s smartphone shipments are down by 1 percent year-on-year (YoY) in the January-March quarter of FY22. Owing to the shortage of components and a sharp decline in demand, smartphone shipments hit 38 million units in Q1 2022. The data has been revealed in the latest research from Counterpoint’s Market Monitor…
Sandeep Nailwal, the co-founder of Polygon blockchain has said that India should establish one regulatory body dedicated to monitor and shape up the crypto industry in the nation. The programming engineer, who now resides in Dubai, has said that representatives from the Reserve Bank of India (RBI), GST Council, and…
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