The U.S. could lose its position as the innovation leader as the Asian tech market has grown on the global stage. Since the end of World War II, the United States has been an undisputed global leader in innovation. From putting a man on the moon to the “Traitorous Eight” of Fairchild and the birth…
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Singapore-based crypto exchange Zebpay opens its doors to Indian clientele once again after a 16-month hiatus. Singapore-based crypto exchange Zebpay reportedly returns to the Indian market more than a year after an Indian Reserve Bank crackdown led to the exchange’s closure in the country. After discontinuing Indian services in late 2018, Zebpay will open its…
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A draft of an Indian national strategy on blockchain floats the idea of a central bank digital currency, the digital Indian rupee, and a national blockchain. A draft of India’s national strategy on blockchain and distributed ledger technology suggests a central bank digital currency (CBDC), the digital Indian rupee, and a national blockchain. The National…
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Deutsche Bank’s research arm issued a report predicting that cash will be around for a long time despite the surge of digital currencies. Cash is unlikely to disappear anytime soon despite declining use as a payment method and the surge of digital currencies, Germany’s largest bank says. Deutsche Bank, a German multinational investment bank that…
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While the Indian Supreme Court hears arguments regarding a ban on banking services for crypto business, the prime minister awarded a crypto app developer. India’s Prime Minister Narendra Modi awarded young entrepreneur Harshita Arora, the developer of a cryptocurrency price tracking application, amid an ongoing battle in her home country over the status of cryptocurrency.…
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The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related businesses. The Supreme Court of India has this week listened to further hearings in the landmark case against the Reserve Bank of India’s ban on banks’ dealings with crypto-related businesses.…
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The chairman of the securities market regulator of India urges exploration of the best possible usages of blockchain for security markets. The Chairman of Security and Exchange Board of India(SEBI), Ajay Tyagi makes a bet on blockchain technology and urges exploration of the best possible usage of blockchain in securities markets. SEBI is the regulator…
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India’s central bank, RBI, says it banned regulated crypto offerings, not overall cryptocurrency usage in the country. The Reserve Bank of India (RBI) said regulated entities cannot offer crypto assets in the country, but that does not equate to an overall digital asset ban. In a Jan. 21 article, The Economic Times of India cited…
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Indian Technology Minister Ravi Shankar Prasad has asked the National Informatics Centre to come up with blockchain solutions to improve government schools. The Indian Telecoms and IT Minister, Ravi Shankar Prasad, has tasked the National Informatics Centre (NIC) with developing a blockchain-based solution for improving the quality of government schools. According to a Jan. 20…
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As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto. Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the…
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