Crypto News: Indian Government is already preparing its legislation on crypto regulations, but central authorities await a cross-border FSB crypto regulation framework. The union government of India awaits an internationally feasible solution by FSB regarding crypto transactions. The global FSB (Financial Stability Board) is an international committee of 68 member institutions from globally prominent countries. […]
Crypto News: ED of India has been searching crypto firms for operations and business practices violating FEMA regulations. However, a CoinSwitch spokesperson clarifies ED search is not regarding money laundering. A Tweet by the Founder of CoinSwitch reveals the ED search does not concern Money Laundering under PMLA. Bengaluru ED is reportedly the body searching […]
Crypto News: The Enforcement Directorate of India has launched an investigation into the Coin Switch Kuber Platform. The government agency is also searching the firm’s premises for the possibilities of connection with FEMA breach activities. A spokesperson for the firm mentions that they had received inquiries from several government agencies, and their approach will remain […]
Crypto News: The securities division of the global electronics and smartphones manufacturer Samsung is eyeing the development of its native Crypto Exchange Platform! The launch may happen by early 2023! Samsung Securities investment firm has worked with the Smartphone division to offer Galaxy mobiles with crypto wallet compatibility. Samsung Electronics has developed a TV with […]
OpenSea is perhaps the most popular platform for non-fungible token minting, purchasing, trading, and selling (NFTs). To date, more than 1.4 million wallets have traded NFTs on the marketplace, with a total volume of $23.5 billion. According to DappRadar, this is $5 billion more than the closest competition of uprising NFT marketplaces startups. But, as […]
The ownership of a material or even the immaterial has long been humankind’s primitive nature or instinct. NFTs align well with this activity because they provide ownership over a tangible or intangible asset as digital tokens. From art to games to real estate to even Music NFT, NFTs’ market valuation spans over $5 Billion. NFTs’ […]