The Indian government’s position on cryptocurrencies is unclear, and banks have been warned against dealing with digital tokens. Cashaa, a “new generation banking platform” located in the United Kingdom, has found a method around this in an attempt to develop a company lending against cryptocurrencies. Cashaa Goes Around The RBI to allow cryptocurrency loans. To…
According to industry insiders, the present price instability in Bitcoin is merely temporary, and another bull run could be on the way. The term “bitcoin” has become a catchphrase in the cryptocurrency sector. Bitcoin never ceases to astound or surprise investors, given the amount of attention it receives. It hit an all-time high of $65,000…
Following the surge of the previous week, Bitcoin has recently lost traction. The digital asset had gained more than 20%, and the entire market had followed suit, gaining massively across the board. Bitcoin Daily transaction volumes are up 94% according to on-chain data. For the first time in a decade, Bitcoin has closed in the…
PANAJI: At the height of the Covid-19 pandemic’s first wave last year, Gajesh Naik, a Bambolim-based school student, began generating online teaching content. The purpose of the content was to assist primary school kids from vernacular schools in dealing with the lack of physical education lessons. Gajesh, a 13-year-old, has excelled himself this year. Goa…
The Indian Ministry of Finance has responded to several inquiries on cryptocurrency trading in India, as well as crypto regulation and investor protection. The proposals in the draught bill provided by the interministerial committee are still being evaluated, according to the minister of state for finance. The Indian government responds to questions about cryptocurrency On…
Regulators must collaborate with technological professionals to address crypto-crimes such as money laundering and terrorism financing. New Rules and Technologies are required for Digital Currencies Even though digital currencies have been around for a decade, the regulatory systems that regulate them are fragmented, ineffectual, and in some cases non-existent. Illicit activities flourish as a result,…
