Category: India

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India to Digitize Cargo Trade Documents Using CargoX Blockchain Platform

The Indian Port Community System has integrated blockchain platform CargoX in a bid to digitize its cargo documentation. As the COVID-19 pandemic takes a toll on the workflow of the Indian cargo shipping industry, India’s maritime industry is looking to utilize the CargoX platform for Blockchain Document Transfer (BDT).  According to a report from World…
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United States Sets New Record for P2P Bitcoin Trading

Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful. Peer-to-peer Bitcoin (BTC) trading activity in the United States surged to a new all-time high during the week of June 7, according to data published by UsefulTulips. Over the…
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Set to Grow, India’s Crypto Industry Must First Toil Tough Ground

Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. Over the past few months, India’s cryptocurrency market has continued to be in a constant state of flux. From crypto bans imposed by the country’s central bank to a historic ruling by its Supreme…
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Indian IT Giant Tech Mahindra to Offer Blockchain Certification Courses

Indian technology company Tech Mahinda signed a partnership with edtech firm Idealabs to offer blockchain certification courses. Leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses. The certification course will be offered as a combination of live online and in-person, on-campus classes. Students enrolling for the course…
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Indian Banks Still Cryptophobic Despite No Banking Prohibition

Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia. In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency…
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ZebPay Commissions Chainalysis for Crypto Compliance in India

ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country. Major Indian cryptocurrency exchange and wallet provider Zebpay has commissioned blockchain forensics firm Chainalysis to monitor transactions executed across its platforms in India. The move comprises an expansion in the partnership between Chainalysis and ZebPay, with…
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India’s Largest Private Port Operator Partners With Blockchain Platform TradeLens

India’s largest port operator APSEZ has partnered with IBM’s TradeLens platform to digitize its supply chain process. The largest multi-port operator of India, Adani Ports and Special Economic Zone Limited (APSEZ), has partnered with the blockchain-based supply chain solution platform TradeLens. APSEZ plans to integrate TradeLens’s blockchain solutions across 10 of its major courier management…
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Delta Crypto Exchange to Expand Into Indian Market With New Funding

New funding from CoinFund will help Delta establish a further presence in the Indian market. Crypto derivatives exchange Delta Exchange has announced a new injection of funding from blockchain investor CoinFund, aiming to provide strategic resources for both parties in their focus to expand in India. According to the announcement, New York-based firm CoinFund looks…
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Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment

The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in…
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Blockchain Startup Aims to Help Indian Farmers Get Fair Crop Prices

Agtech startup Agri10x has partnered with the Indian government to boost the income of India’s farmers with the help of its blockchain platform. A blockchain-based agtech startup Agri10x has inked a partnership with the Indian government to help farmers sell their produce directly to buyers. According to a report published by local news outlet Business…
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