Then Dogecoin isn’t traveling to the moon? Dogecoin was created as a joke in 2013. Jackson Palmer and Billy Markus invented it to mock the rise of cryptocurrencies by turning the internet meme doge into a cryptocurrency. While it started as a joke, it turned into a useful tool because of its enormous supply and…
The Reserve Bank of India (RBI) has been at odds with India’s crypto business for quite some time. The relationship between the two is best defined as adversarial. Because the Reserve Bank of India is concerned about India’s ability to absorb financial shocks, it has repeatedly pointed out the drawbacks of adopting cryptocurrencies. The sector,…
Existing Indian legislation might impose a 2% fee on bitcoin purchases made on offshore exchanges that serve the Indian market. The Indian government’s 2% “equalization levy” could be extended to crypto-assets purchased via off-shore exchanges, according to local sources. According to a story published on June 22 by the Economic Times, existing law may mandate…
According to a new survey, traditional hedge funds are eager to grow their exposure to Bitcoin and other cryptocurrency markets over the next five years. The chief financial officers of 100 hedge funds throughout the world were asked by Intertrust Global, an international trust and corporate management firm, regarding their intentions to buy crypto-assets. By…
Investing in cryptocurrency is quickly becoming a viable alternative to more traditional, physical assets. As the internet overtakes older forms of communication, it ushers in innovative forms of money transaction. Crypto-blockchain technology is toward the top of the list. However, for all of its convenience and popularity, it is a market steeped in mystery. If…
In India, gig workers have been using cryptocurrencies as a legitimate form of payment. According to multiple users and experts, software developers, content creators, and others who work with global companies use cryptocurrencies as a means of remittance rather than fiat currencies. “There are two schools of thought. One is that you can’t take crypto…
