Bitcoin Takes A Giant Leap In India
Digital currency Bitcoin just took a giant leap in India. Very soon, you can buy yourself a home, book tickets of various events such as the Indian Premier League (IPL) matches, and pay restaurants in Bitcoins after having a nice meal. India's first Bitcoin app, Zebpay is working out details with a property developer in Ahmedabad to use Bitcoin for selling residential flats, in addition to doing a pilot project in Mumbai for paying restaurant bills. Zebpay's co-founder Saurabh Agarwal says that, "We want to make transacting in Bitcoin as simple as Whatsapping. We will soon be able to buy....
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The second most populated country in the world is stepping up to the plate to consider Bitcoin and provide this digital, decentralized cryptocurrency an opportunity to flourish prior to regulating. With a population of over 1,232,530,000, India is a hotspot of potential for growth of the Bitcoin currency and community. Right on the top of the list of the most tech-oriented nations, India will take a leap forward should the Reserve Bank of India truly take a hands off approach towards the Bitcoin currency. As the Indian Rupee is calling for attention with higher rates of inflation, the....
The components of a new era of technology are intersecting on a grand scale — and JPMorgan is at the forefront, trailblazing new frontiers in the metaverse. JPMorgan has just released a whitepaper on the metaverse, projecting the emerging virtual realm might represent a $1 trillion yearly market opportunity as creators leverage Web3 to commercialize […]
Even as India’s steep 30% tax on bitcoin earnings takes effect, US cryptocurrency exchange Coinbase has announced plans to expand its operations in the country. Coinbase said that it has invested $150 million in Indian technology startups focused on crypto and Web3 and aims to create additional jobs in the nation this year. India has […]
How easy is it to order a pizza with Bitcoin nowadays? Three authors of Cointelegraph have tried to do it in the US, UK and India, and here is what came out of it. “Ordering Pizza with Bitcoin in India is nigh impossible” - Shivdeep Dhaliwal, India. I have never purchased anything with Bitcoin in India yet. Ever. No pizza chain in my city takes Bitcoin, so my idea was to buy a voucher with Bitcoin from either ZebPay or to credit a payments app called Mobikwik through Unocoin and buy pizza through that. Alas. This was not to be. The Zebpay voucher had ran out of validity and Unocoin....
Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said. Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round.According to an official announcement on Oct. 6, the new funding has propelled CoinSwitch Kuber to the “very top” of Indian unicorns as the firm became “India’s most valued crypto company” at $1.91 billion.The funding round was led by Coinbase’s venture capital arm Coinbase Ventures and Andreessen Horowitz. Previous investors like Sequoia,....