Redefining global finance: Emergence of alternative payment infrastructureChairman of PSB Bank Petr Fradkov, in an interview with RBC, discusses what is happening in one of the most closed sectors of the economy, ...
Crypto's shopping hack; Centre eyes Meta child safeguardsIndians are buying groceries, fuel, food and gold via gift cards on overseas crypto platforms. This and more in today's ETtech Top 5.
Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...
Binance to launch commodity options on gold and silverBuilding on strong demand for commodity perpetuals, Binance adds another layer to its TradFi ecosystem with compliant, crypto-native option...
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
Stablecoin falters as USDT premium collapses, disrupting NRI remittance channelMoney changers' innovative plan to use stablecoins for NRI remittances is facing disruption. The usual premium on USDT over the US dollar h...
Some dollars to India 'tethered' to StablecoinsA growing share of Indian remittances is quietly shifting to stablecoins like USDT to exploit a 4–5% premium in India. Money changers route...
Binance wallets decrypted—taxman moves in on evadersIndia's tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. M...
Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profitsIndian tax authorities are targeting over 400 individuals for evading taxes on crypto trades conducted on Binance. These individuals allege...
Indian crypto platforms thriving in regulatory grey zone, lower taxes: Zerodha's Nithin KamathIndian crypto platforms are witnessing a surge in futures trading, fueled by lower taxes, high leverage, and regulatory ambiguity. Zerodha’...
Why are Indian traders flocking to crypto futures over spot deals?Crypto futures trading in India is surpassing spot deals. Traders are drawn to potential profits and lower taxes. Futures volumes now excee...
Indian crypto traders fall for $Trump, $Melania; BTC at new high, USDT premium triplesIndian crypto traders showed a sudden interest in Trump and Melania meme tokens ahead of Donald Trump's inauguration, leading to a surge in...
How to buy Tether (USDT) in India at the cheapest price?Tether (USDT) is a crucial entry point for Indian investors venturing into cryptocurrency. The article outlines three primary methods to bu...
Betting app Fiewin in ED crosshairs; attaches assets including cryptocurrency in BinanceThe ED probe in Kolkata found Chinese nationals allegedly operating Fiewin with the help of Indian accomplices. Four Indian nationals linke...
Budget 2024: Why crypto F&O investors are happy - No STT, no TDS, no 30% taxBudget 2024: Crypto future and options investors are happy because the budget did not impose any TDS, STT and neither section 115BBH (30% t...
How to Earn Interest on Stablecoins
Stablecoins gain currency among crypto investorsGlobally and in India, crypto exchanges have been experiencing rising volatility in cryptocurrencies as bulls & bears fight it out in the m...