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India

India’s DLT-based firm Yudiz Solution moves closer to IPO
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28 March, 2023

India’s DLT-based firm Yudiz Solution moves closer to IPO

Yadiz Solution has reportedly filed papers for an initial public offering (IPO) with the Securities and Exchange Board of India...
India Web 3 industry expected to reach $1B by 2032: report
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20 March, 2023

India Web 3 industry expected to reach $1B by 2032: report

India's metaverse industry is expected to record double-digit growth rates with a 39.2% spike to achieve a valuation of $33.9...
India, UAE central banks collaborate on CBDCs with cross-border features
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19 March, 2023

India, UAE central banks collaborate on CBDCs with cross-border features

Building on their individual plans to improve the payments system, the central banks of India and the United Arab Emirates...
Silicon Valley Bank’s collapse forces 116-year-old Indian bank to issue clarification statement
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18 March, 2023

Silicon Valley Bank’s collapse forces 116-year-old Indian bank to issue clarification statement

The collapse of Silicon Valley Bank has heightened the public's worry about the digital asset industry, even linking the bank's...
New IMF report warns G20 of risks associated with digital currency adoption
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16 March, 2023

New IMF report warns G20 of risks associated with digital currency adoption

The "Macrofinancial Implications of Crypto Assets" report notes that digital currencies present myriad risks to the economies of G20 nations...
India expects digital currency firms to comply with national money laundering legislation
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10 March, 2023

India expects digital currency firms to comply with national money laundering legislation

Firms offering digital currency services in India are now covered by the PMLA of 2002, under which they are mandated...
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