A senior Indian politician in charge of the country’s financial development has said that the country is not expected to introduce a crypto or Web3-specific legislative measure until at least the middle of 2025. Chair of the Standing Committee on Finance Jayant Sinha was speaking at the India Blockchain Week
28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India’s Financial Intelligence Unit (FIU). The move was disclosed by the Minister of State for Finance, Pankaj Chaudhary, in a written reply to the Parliament’s lower House on Monday. This move comes in the wake of a
India Blockchain Week (IBW), the country’s flagship series of blockchain and Web3 events held in Bangalore from Dec.4-10, is delighted to announce that the attendees are going to have unparalleled opportunities for networking, collaboration, and discussion at the weeklong festival. There will be over 60 conferences, hackathons, networking events, workshops,
In a week marred by legal upheaval, Binance, the world’s largest cryptocurrency exchange, found itself embroiled in an event that reverberated across global financial spheres. The exchange was hit with criminal charges alleging violations of sanctions and money transmitting laws, culminating in a historic $4.3 billion settlement with the U.S.
India’s largest crypto gala Metamorphosis 2023 is set to kick off in December, gathering the ambitious web3 community in Bangalore. Hosted by Octaloop, a blockchain consulting and marketing firm, the event is scheduled for December 9 and 10, 2023, at The Den. Remarkably, Metamorphosis stands as a lively celebration of
India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural
The Bharat Web3 Association (BWA) and the Maharashtra State Skills University signed a Memorandum of Understanding (MoU) to collaborate and foster the development of skilled talent within the Web3 ecosystem in India. BWA and MSSU will collectively engage in initiatives aimed at enhancing skill development, education, and research in the
The Central Bureau of Investigation (CBI) of India is said to have selected digital asset custodian Liminal to handle the administration of confiscated digital assets. Liminal has previously assisted a CBI operation by forming a specialized team that developed multi-signature and multi-party computation wallets for the secure storage of confiscated
There has been growing anticipation surrounding Trescon’s Digital Acceleration & Transformation Expo (DATE) as Shri Rajeev Chandrashekhar, Hon’ble Minister of State for Electronics and Information Technology, has confirmed his participation at the event. Set against the backdrop of India’s thriving tech revolution, the event will take place on 23-24 November
Sumit Gupta, the CEO and co-founder of crypto exchange CoinDCX recently took to Twitter to announce that the Advertising Standards Council of India has adopted two key suggestions made by the Bharat Web3 Association in regards to the ‘Guidelines for Advertising Virtual Digital Assets and Linked Services’ released in February
