RBI asks Central Board to ban Crypto

The Reserve Bank of India (RBI) has conveyed to its central board that it favours a complete ban on cryptocurrencies. A detailed presentation made to the board highlighted serious concerns related to macroeconomic and financial stability as well as exchange management. 

Telangana to accredit Web2 and Web3 blockchain startups

Telangana will launch the blockchain accelerator program in partnership with CoinSwitch Kuber and Lumos Labs.

Dubai World Trade Centre to create a new crypto hub

The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation.

Crypto Bill Deferred, No Cabinet Approval Yet

The Cryptocurrency Bill is unlikely to be presented in the ongoing winter session as the Centre is yet to finalise details of the legislation

World invested $30 billion in crypto in 2021

A report said that the crypto market has become more popular and a $30 billion worth of investment has been made in the last year.