India
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Exploring the Taj Mahal: immersing yourself in the architectural wonders of India! (Return to Ant Estate 7.8: new version with new challenges awaits you!)
Exploring the Taj Mahal: immersing yourself in the architectural wonders of In
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12:00-21:00 – All You Need to Know About Standard Chartered Bank in Shanghai
12: 00-21:00 Keywords: Shanghai, Franklin, India, Standard Chartered Bank
Important updates on the evening of April 24th
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Gemini Cryptocurrency Trading Platform Appoints Pravjit Tiwana as CEO for Asia Pacific Region
According to reports, Gemini, the cryptocurrency trading platform, has appointed Pravjit Tiwana, the global chief technology officer, as the new CEO for the Asia Pacific region and
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The Need for a Common Framework to Address Cryptocurrency Risks: India’s Perspective as G20 Presidency
On April 11th, Indian Finance Minister Nirmala Sitharaman stated that India\’s purpose as the G20 presidency is to develop a common framework for all countries to address the risks
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The Rise and Fall of the US Blockchain Developer Market: Insights from Electric Capital
According to reports, a research report released by venture capital company Electric Capital shows that in the past five years, the United States has lost 2% of its market share in
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India Receives Over US $19.2 Million in Taxes After Cryptocurrency Transfer Income
On March 30th, it was reported that India has received over US $19.2 million in taxes after implementing a new uniform tax rate of 30% on cryptocurrency transfer income. According
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Algorand Finally Enters India to Foster Innovation in Web3
According to reports, two senior representatives of the Algorand Foundation stated that Algorand (ALGO) has entered India and its project aims to support the transformation of the
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Cryptocurrency Adoption in India: A Growing Trend
According to a recent report from Statista, India\’s cryptocurrency community may surge to more than 156 million members by the end of this year, with more than 11% of the populatio
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The Danger of Cryptocurrency Investment Scams in India
According to reports, a 60 year old Indian woman lost nearly $30000 in a cryptocurrency investment scam. According to media reports, the Mumbai woman is a retired executive from a
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Forecast: India’s encryption users will reach 156 million in 2023
On March 21st, it was reported that in the past six years, despite the government’s traditionally negative attitude towards the industry, the number of cryptocurrency investors in India has increased significantly. According to Statista, the number of encryption users in the country surged 760% between 2017 and 2022, reaching 134 million. One of the key reasons for the adoption of cryptocurrency is the growth of the middle class and the country’s underdeveloped traditional financial system. Interpretation of this information: India has been known to have a negative stance towards cryptocurrency…
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India’s proposal to impose a Goods and Services Tax (GST) on cryptocurrency will be delayed
It is reported that India’s proposal to impose a Goods and Services Tax (GST) on cryptocurrency will be delayed because officials from the central and state governments in India have failed to reach a consensus on the tax method. Therefore, the 50th meeting of the Goods and Services Tax Council, expected to be held later this year, is unlikely to finalize this initiative. Due to the “complexity” involved in cryptocurrency indirect taxes, officials were unable to reach a consensus. Officials said it would take “several months” for them to clarify…
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Ministry of Finance of India: Anti-money laundering legislation has been applied to encrypted transactions, custody and related financial services
It is reported that in a notice issued by the Ministry of Finance of India, the anti-money laundering legislation has been applied to cryptocurrency transactions, custody and related financial services. Interpretation of this information: The Ministry of Finance of India has issued a notice declaring that their anti-money laundering legislation applies to cryptocurrency transactions as well as related financial services. The announcement is significant in that it brings cryptocurrency transactions under the purview of Indian law that was previously silent on the matter. This notice is likely to lead to…
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Overview of important developments overnight on February 26
21:00-7:00 Key words: India, Adidas, CoinEx, Celsius Interpretation of this information: The message indicates that several events occurred between 21:00 and 7:00, and three keywords – India, Adidas, CoinEx, and Celsius – were mentioned. India is a country known for its rich history and cultural diversity. However, it has also been facing several challenges such as economic instability, political unrest, and social inequality. Despite these issues, India remains attractive to foreign investors due to its vast market potential and the government’s efforts to reduce red tape and promote entrepreneurship. The…
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Governor of the Central Bank of India: Now people generally recognize the main risks of cryptocurrency
It is reported that the governor of the Central Bank of India said that the main risks of cryptocurrency are now widely recognized. Interpretation of this information: Recently, the governor of the Central Bank of India has acknowledged and reported that the risks of cryptocurrencies are now widely recognized. This statement could be seen as a significant step towards regulating cryptocurrencies in India. In the past, Indian regulators have been skeptical about cryptocurrencies and have taken a more conservative approach towards them. However, this latest statement appears to be a…
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Overview of important developments in the evening of February 23
12:00-21:00 Keywords: India, Binance, Voyager, Messari Interpretation of this information: The message is a brief notice about three companies and their activities in India. The first company mentioned is Binance, a cryptocurrency exchange platform that has been expanding its operations in India, despite regulatory uncertainties in the country. The second is Voyager, a Canadian-based crypto trading platform that recently entered the Indian market through a partnership with a local firm. Lastly, Messari, a data and analytics provider for the crypto industry, launched a new index tracking the performance of Indian…
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The Ministry of Finance of India and Argentina seek cooperation on currency swap and development of digital payment software
According to reports, the Indian Ministry of Finance said that the Indian Finance Minister met with the Argentine Minister of Economy at the G20 meeting. The Argentine Minister of Economy sought cooperation with India on currency exchange and the development of digital payment software. Interpretation of this information: The Indian Ministry of Finance recently announced that the Indian Finance Minister, Nirmala Sitharaman had a meeting with the Argentine Minister of Economy, Hernán Lacunza, at the G20 meeting. During the meeting, Hernán Lacunza reached out to India seeking cooperation in the…
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Solana Space will close stores in New York and Miami at the end of February
On February 22, Solana Space, an offline retail store with the theme of Solana Ecology, announced on social media that the company would close its stores in New York City and Miami at the end of February and shift its focus to digital products such as NFT. According to Vibhu Norby, founder of Solana Spaces, Solana Space physical store could have continued to operate, but it is meaningless because online traffic is similar to physical store, but a new Solana Space physical store will be opened in India in the…