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CRYPTO REMITTANCES
No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations em...
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
Bitcoin to soar? Billionaire Tim Draper makes eye-popping 18-month predictionBitcoin BTC USD price prediction 2026: Investor Tim Draper forecasts Bitcoin will hit $250,000 in 18 months. He previously bought Bitcoin a...
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...
From Sceptics to Believers: Propelling Cryptocurrency Acceptance in IndiaIndia, home to over 100 million crypto users, is at a crossroads between scepticism and leadership in the global cryptocurrency space. To d...
Forex remittances worth Rs 50,000 crore under ED scannerDelhi-based entity made illegal sale of cryptocurrencies, sent proceeds to Hong Kong and Canada. Bank officials too being probed for leakin...
The evolution of money and the pivotal role of fiat-to-crypto onrampsThe emergence of cryptocurrency in the early 21st century has given rise to fiat-to-crypto onramp solutions which have played a critical ro...
View: Priorities of India's G20 presidency for the financial sectorWhile rapid digitalisation of the financial sector in recent years has helped in realising benefits in terms of improved financial inclusio...
MENA region emerges as world's fastest-growing crypto adopter -studyWhile the Middle East and North Africa region is one of the smallest crypto markets, its growth to $566 billion received in cryptocurrency ...
ED investigating WazirX for allowing Rs 2,790 crore of remittance to unknown walletsThe investigation has revealed that the Indian cryptocurrency exchange Wazirx, operated by Zanmai Labs Private Limited in India, was using ...
Want to invest in cryptos during bear market? Have a look at these segmentsBharat Vivek, Co-founder and COO, Kassio, said investors can look at yield-based crypto products, which give users a fixed per cent interes...
Many Indian expats turn to crypto to remit moneyIndustry trackers say that the way Indians are warming up to crypto assets as well as decentralised finance, remittances through crypto ass...
Many Indian expats turn to crypto to remit moneyIndustry trackers say that the way Indians are warming up to crypto assets as well as decentralised finance, remittances through crypto ass...
Crypto exchanges see a spurt in remittances from the Middle East, USIn most cases remittances are being done through less volatile crypto assets that are pegged to other currencies
Crypto-tech industry to grow to $241 million in India by 2030: NasscomThe crypto-tech market in India has the potential to create over 800,000 jobs and an economic value-add of $184 billion by 2030 in the form...
ICICI Bank shuts the LRS door for crypto tradersIndia's largest private sector bank ICICI is telling customers remitting funds to invest abroad to give a declaration that the money will n...
Remittance firms slow to add Bitcoin, despite El Salvador moveIn a move that could be a harbinger of crypto becoming a more popular way to send money across borders, El Salvador on Wednesday became the...