September 14, 2023 By Sharan Kaur Phillora Leading digital asset custodian Zodia Custody, has announced its expansion into Singapore, furthering its ambition for growth across the Asia-Pacific region. With significant backing from shareholders like Standard Chartered, SBI Holdings, and Northern Trust, this expansion uniquely positions Zodia Custody as the inaugural digital asset custody service in […]

September 14, 2023 By Anjali Kochhar Coinbase has recently disclosed that it had momentarily stopped accepting new customer registrations for its exchange services in India. The corporation did, however, reiterate its dedication to the Indian market, which has been plagued by regulatory uncertainty for more than a year. This remark is in response to recent letters

September 13, 2023 By Sharan Kaur Phillora The highly awaited TOKEN2049 conference, recognized as Asia’s leading Web3 and crypto event, is gearing up for its monumental edition in Singapore, boasting a record attendance with over 10,000 global participants. This number is bolstered by an impressive 80% of attendees jetting in from abroad. Here’s what we

September 13, 2023 By Tsering Namgyal India is reportedly formulating a regulatory framework for crypto assets based on the synthesis report on crypto assets published by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) during the G20 summit in Delhi last week. The new rules will likely bring crypto platforms in India

September 12, 2023 By Sharan Kaur Phillora In a significant move indicating the growing acceptance of cryptocurrencies in mainstream commerce, a prominent supermarket in China has begun accepting the digital currency, Pi Coin, as a legitimate payment method. This decision, groundbreaking within the world of digital finance, underscores the rapid progression of cryptocurrencies from speculative

September 12, 2023 By Anjali Kochhar In a press conference held on the sidelines of the G20 summit, India’s Finance Minister, Nirmala Sitharaman, revealed that discussions surrounding the regulation or potential ban of cryptocurrencies will be determined collectively by G20 countries. She stated, “I don’t want to get into the debate just now whether crypto

September 11, 2023 By Anjali Kochhar In an exclusive conversation with Anjali Kochhar of NFTMetta, Sathvik Vishwanath, co-founder and CEO of technology startup company Unocoin sheds light on how blockchain technology will reshape the fundamental concepts of money and traditional finances in the coming decades. Started in 2013, Unocoin is a Bangalore-based technology startup and

September 11, 2023 By Sharan Kaur Phillora The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have unveiled a joint policy document outlining recommendations for crypto assets. This initiative was a direct response to the Indian G20 presidency’s request. The collaborative effort aims to merge the established standards and gather collective insights, aiming to

September 8, 2023 By Anjali Kochhar In a rapidly changing financial landscape, crypto millionaires worldwide are seeking refuge in countries that offer friendly tax policies for cryptocurrency-related activities. According to the Crypto Wealth Report by Henley & Partners, there are currently 88,200 crypto millionaires globally, with nearly half of them holding their wealth in Bitcoin. The

September 8, 2023 By Sharan Kaur Phillora In an aggressive bid to become a global leader in the burgeoning metaverse industry, China’s Shandong Province has unveiled draft guidelines projecting a market size of 150 billion yuan (approximately US$20.5 billion) by 2025. The provincial government invites public input on the guidelines until September 8. Here’s what we