The Supreme Court of India, in May 2020, gave India a much-needed boost in terms of cryptocurrency by overturning the Reserve Bank of India’s (RBI) 2018 cryptocurrency ban. Digital currency in India is expected to open new doors for investors. This is a significant move forward in India’s innovation, as it allows everyone to participate…
Ethereum Investors Survey Report According to a survey of 114,000 BuyUcoin users, the majority of Ethereum investors in India are between the ages of 18 and 34, with Tamil Nadu having the largest investor percentage. According to the survey, the age group of 25-34 years had the largest percentage of Ethereum investors at 36.04 percent,…
An urgent need for India to enable cryptocurrency regulation India to enable cryptocurrency regulation With the right checks and balances, combined with the fast-growing Indian consumer Internet economy, India can also become home to blockchain innovations that could drive India faster towards a $10 trillion economy. With the right checks and balances, combined with the…
cryptocurrency regulation Cryptocurrencies, since they have no underlying asset, are extremely risky for investors. According to data from cryptocurrency exchanges, around 1.5 crore Indians have invested in cryptocurrencies, with a total value of Rs 15,000 crore. There are 350 blockchain and cryptocurrency startups. While the RBI is explicitly opposed to cryptocurrency as a medium of…
Bitcoin Pizza Day is celebrated by the whole crypto community all over the world as the 11th anniversary of the first Bitcoin transaction occurred when a Florida man used the cryptocurrency to pay for two pizzas. There are events that mark a lifetime, and on May 22, 2010, one such event occurred in Laszlo Hanyecz’s…
Cryptocurrencies Are Here to Stay, Says Billionaire David Rubenstein Billionaire David Rubenstein’s private equity titan has revealed he believes cryptocurrencies like bitcoin are here to stay, dismissing suggestions the market is a fad and could fade away in the future. Speaking to CNBC on ”Squawk Box,” Rubenstein said he hasn’t personally invested in cryptocurrencies directly…
