India’s largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation’s impending Bitcoin ban.
The Arcanum Emerging Technologies Fund will start in India, but its founders plan to expand to other regions.
The window of opportunity for investors to cash out to fiat is expected to be between three-to-six months.
Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing.
Internet disruptions are costly, but that doesn’t stop governments from shutting down access.
Kumar Gaurav said “there is no way any government” can outright ban crypto given its nature as a global and decentralized system.
The move is bound to make potential and current crypto investors outside the country uneasy as well.
The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street. It all started when retail investors on the Reddit community wallstreetbets began pumping the price of U.S. video game retailer GameStop’s (GME) stock to counter Wall Street hedge funds […]
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.
BuyUCoin initially denied the reports of a data breach, but added that all user funds are safe.