Indian Business Times - Latest Business News from India

Discovering The Future Possibilities Of Cryptocurrency In Metaverse

With the large scale adoption of cryptocurrencies, it has become a popular investment instrument for a lot of people. The metaverse is a virtual space where a ton of activities could be performed with cryptocurrencies being the sole mode of trading.

In an Era of Metaverse and Virtual Reality, is it even wise to ban cryptocurrencies?

When the possibilities involving the Metaverse and Cryptocurrencies are beginning to show such a huge promise, it certainly won’t be prudent to ban cryptos altogether. We are at the nascent stages of implementing this technology and the layers of future usage are yet to unfurl completely.

What are NFTs? Why has it created a lot of buzz in the financial markets?

As of this month, cryptocurrency exchange Coinbase and the auction house Sotheby’s, which has been around since 1744, have both announced they are launching NFTs marketplaces.

India is set to become one of the biggest players in the cryptocurrency world!

According to some reports, approximately 15 Crore Indians trade cryptocurrency. This number is rising rapidly at the moment.

CoinDCX becomes India’s first crypto Unicorn

CoinDCX became the country's first crypto unicorn after raising 6.7 billion rs. from investors led by Facebook Inc. co-founder Eduardo Saverin's B Capital Group

Amazon to accept Bitcoin and other popular crypto currencies: Jeff Bezos

According to reports, Amazon plans to accept bitcoin as a form of payment after which the company will add support for other major cryptocurrencies. “Jeff Bezos himself is giving the directive.”

Square to build a Bitcoin’s hardware wallet. How it Works

Apparently, Square has confirmed that it will be creating a new Bitcoin tool. On June 9, Square's hardware lead Jesse Dorogusker announced the company would build a Bitcoin hardware wallet and accompanying services. The aim is to bring the crypto coin into the mainstream. "We are building a hardware wallet and service to make bitcoin

As regulators crack down on crypto groups, groups shelter in Singapore

Binance founder among those moving to city-state as it rolls out red carpet for industry

Founder of cryptocurrency exchange Binance doubles his compliance team in response to global regulatory scrutiny

Arindam Pathak February 25 2025 03

Cryptocurrency exchange Binance plans on doubling its compliance team by year's and said it will "humbly welcome more capable talents" as it faces a blizzard of global regulatory probes. Authorities in Britain, Japan, Germany, and Thailand have raised concerns about the exchange, one of the largest, amid a worldwide crackdown on cryptocurrencies this year. Binance

New crypto regulations are ready for India’s monsoon session of parliament, says the country’s finance minister

India is getting closer to regulating cryptocurrencies within its borders. Deputy Finance Minister Nirmala Sitharaman told The Hindu that India's crypto bill is ready and the government has taken input from industry stakeholders. "We have worked hard on it. Taking stakeholder inputs into account. It is ready to go to Cabinet. "We need to wait