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    Invesco Defers Launch of Blockchain ETF in India

    Invesco Defers Launch of Blockchain ETF in India

    Invesco is deferring the launch of a blockchain exchange-traded fund (ETF) in India due to regulatory uncertainty, the company said in a press release on Wednesday.Indian lawmakers have been meeting with representatives from the crypto industry in the past few days to...
    Indian Central Bank May Pilot Test CBDC in 2022: Report

    Indian Central Bank May Pilot Test CBDC in 2022: Report

    The Reserve Bank of India (RBI) is examining the feasibility of a central bank digital currency (CBDC) and may launch a pilot project in the fiscal year April 2022 to March 2023, a senior RBI official said, according to a local media report.“I think somewhere it was...
    India’s Modi Calls On Democracies to Cooperate on Crypto

    India’s Modi Calls On Democracies to Cooperate on Crypto

    Democratic countries should work together to ensure crypto “doesn’t end up in the wrong hands” and “spoil our youths,” Indian Prime Minister Narendra Modi said in a speech on Thursday.Modi delivered a virtual keynote address at the Sydney Dialogue, an annual summit on...
    Investors Offer OpenSea $10B Valuation in New Round: Report

    Investors Offer OpenSea $10B Valuation in New Round: Report

    Investments on the table for OpenSea’s new funding round would set its valuation to $10 billion, The Information reported, citing sources familiar with the matter.The marketplace for non-fungible tokens (NFT) has seen explosive growth in 2021. Trading volume on the...
    Famed Economist Doubts Bitcoin Will Become Global Currency

    Famed Economist Doubts Bitcoin Will Become Global Currency

    Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be...
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