India G20 confirms ‘active discussions’ around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework.
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Indian central bank-backed NPCI begins blockchain recruitment
Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees.
Digital rupee gets big usability boost through Yes Bank integration with UPI
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December.
OKX plans to enter India, hire local employees for Web3 exploration
The CMO of OKX says the company is looking into its entrance in the Indian market through hiring local employees and “understanding the culture.”
a16z-Backed Crypto Exchange CoinSwitch Dismisses 7% of its Workforce (Report)
CoinSwitch – an Indian cryptocurrency exchange backed by the financial giant Andreessen Horowitz (a16z) – has reportedly trimmed its team by 44 people, representing 7% of the total workforce. Another…
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS.
Indian PM Modi calls for global cryptocurrency framework at G20 Summit
India has advocated for a global crypto framework for years despite its own crypto ecosystem still lacking a clear regulatory framework and simpler taxation.
Coinbase Ventures-Backed CoinDCX Lays Off 12% of its Workforce
CoinDCX is the latest crypto company to slash staff as it tries to navigate through market challenges. The Coinbase Ventures-backed Indian crypto unicorn cited the prolonged bear market and the…
Crypto P2P scams in India show digital asset education is needed
Scammers have made it impossible for Indian crypto traders to conduct P2P trades owing to several police complaints and bank account freezes that follow.
Revolut to Expand its Crypto Division by 20% Despite Halting Services for US Clients (Report)
The leading financial technology company – Revolut – reportedly plans to increase its global cryptocurrency team by hiring up to 20% more employees by the end of 2023. The move…
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