Indian

The Indian government has launched an investigation into the social media platform Telegram over concerns that it is being used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram Faces Potential Ban In India According to recent reports by Indian media outlets, the investigation is being led by the Indian Cyber Crime Coordination Centre under the Ministry of Home Affairs and the Ministry of…

The post Binance Coin (BNB) Signals Bullish Breakout as the Exchange Announces Maiden Re-entry of the Indian Market appeared first on Coinpedia Fintech News After teasing with a new all-time high above $700 in early June, Binance Coin (BNB) has continued to consolidate in a bearish outlook in the past few weeks. The large-cap altcoin has viciously defended its fourth position in the crypto industry by market data, despite the notable competition from Solana (SOL).  According to the latest crypto…

Binance has halted cash payments for P2P trading in India to enhance regulatory compliance and security, 99 Bitcoins reported. While this move aims to reduce money laundering risks, alternative methods like bank transfers remain available.  Despite this, 5thScape continues to dominate the Indian crypto market. Known for its innovative features and strong community support, 5thScape thrives amidst regulatory challenges. Binance’s suspension highlights the increasing scrutiny in the crypto industry, but 5thScape’s resilient presence underscores its popularity and adaptability in India’s…

Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million. According to a report by ET, the world’s largest cryptocurrency exchange is preparing to re-enter the Indian market under the finance ministry’s oversight of the Financial Intelligence Unit (FIU). Binance’s India Comeback The latest development means that Binance will now have to comply with the existing regulatory frameworks, including the Prevention of Money Laundering Act (PMLA)…

TL;DR Shiba Inu achieved a two-year high in its price last month, topping the list of the most-traded digital assets on one popular cryptocurrency exchange. Despite a recent price dip, multiple analysts, including prominent figures on social media platforms, predict a bullish future for SHIB, with forecasts ranging from reaching all-time highs to doubling in price. Shiba Inu’s Success Last Month The second-largest meme coin experienced a solid rally in March, with its price charting a two-year high at the start of…

HashCash Consultant is thinking of investing $10 million in the Indian blockchain and cryptocurrency economy. The announcement came after India’s Supreme Court verdit on cryptocurrencies, which lifted the ban imposed on them by the RBI. HashCash’s CEO, Raj Chowdhury on Investing in India’s Crypto Industry  According to Raj, India’s Supreme Court verdict is a historic judgement that put India back in the global map. He said that the reinstating of crypto activities paved the way for an entire geography, for…