Category: India

India to use Ethereum blockchain to verify diploma certificates

India to use Ethereum blockchain to verify diploma certificates

A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education. 984 Total views 18 Total shares The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates.  In an effort to […]

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Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year

Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year

Unperturbed by persistent threats of a renewed crypto crackdown from lawmakers, Indian investors have piled $38.8 billion into cryptocurrency over the past year. 4043 Total views 39 Total shares Despite India’s uncertain regulatory climate regarding crypto assets, nationwide investments in digital assets have increased by roughly 19,900% over the past year. According to data from […]

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Existing Indian law could impose 2% levy on crypto bought from offshore exchanges

Existing Indian law could impose 2% levy on crypto bought from offshore exchanges

Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. 1746 Total views 6 Total shares According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring […]

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Lawmakers should treat crypto like gold or real estate: Indian tech magnate

Lawmakers should treat crypto like gold or real estate: Indian tech magnate

Indian tech mogul, Nandan Nilekani, believes the country should be seeking to attract investment from the $1.7 trillion crypto asset industry. 8312 Total views 9 Total shares Indian technology mogul, Nandan Nilekani, has urged local lawmakers to allow citizens to speculate on crypto assets. The co-founder and chair of Infosys, an Indian multinational information technology […]

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Indian startup organization proposes regulatory framework for crypto

Indian startup organization proposes regulatory framework for crypto

An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies. 4683 Total views 39 Total shares IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including […]

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