Indian INX exchange reportedly plans to list Bitcoin futures ETF

Indian INX exchange reportedly plans to list Bitcoin futures ETF

The India International Exchange is reportedly looking to explore digital asset-based products despite local uncertainty. Despite the ongoing uncertainty about cryptocurrency regulation in India, local financial firms are backing new ventures aiming to launch Bitcoin (BTC) exchange-traded funds (ETF).Torus Kling Blockchain, a joint venture between Cosmea Financial Holding, a financial firm backed by former Reliance Capital CEO Sam Ghosh, and Kling Trading India, is preparing to launch Bitcoin and Ether (ETH) futures ETFs in India, The Economic Times reported Thursday.The company has signed....


Related News

Indian Bitcoin Exchange Coinsecure Partners with BitPay

Coinsecure, the Indian bitcoin exchange has announced its partnership with BitPay along with the list of companies availing the merchant payment gateway services. Coinsecure, one of the leading Bitcoin and Blockchain company in India today announced that it is partnering with BitPay. As a part of this partnership, the San Francisco-based company will offer bitcoin payment processing services to the Indian merchants. By using Coinsecure’s payment gateway, merchants in India will be able to accept payments from their customers in bitcoin, and receive the payout in Indian rupee, without....

Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reported...

Indian cryptocurrency exchange Buyucoin has reportedly been hacked and sensitive data of about 325,000 users has reportedly been leaked onto the dark web. According to reports, the leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details, PAN numbers, passport numbers, and deposit histories. Indian Cryptocurrency Exchange Hacked Buyucoin, a Delhi NCR-based cryptocurrency exchange, has reportedly been hacked. The exchange has more than 350K registered users and has facilitated over $500 million in cryptocurrency trades, according to....

VanEck Announces Plans To Launch Ethereum Futures ETF (EFUT)

Prominent investment manager VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Interestingly, this development comes a few hours following news that the US Securities and Exchange Commission (SEC) was looking to fast-track the approval of some Ether futures ETF applications ahead of a US government shutdown.  Related Reading: BREAKING: Coinbase Granted […]

Shiba Inu Gets Major Boost From Coinbase With Latest CFTC Filing

America’s largest crypto exchange, Coinbase has revealed plans to list popular doggy-themed cryptocurrency, Shiba Inu (SHIB) for its futures contracts. The exchange has submitted an official filing to the Commodity Trading Futures Commission (CFTC) to begin trading as soon as possible.  Related Reading: More Than A Laugh: What’s Driving The Insane Growth Of Memecoins In […]

Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cry...

The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian Government Seeks to Quickly Pass Crypto Bill All eyes are on what the government of India will do with the cryptocurrency bill that is listed to be introduced in the current session of parliament. The bill seeks to ban cryptocurrencies while creating a framework for the official digital currency....