Unicas, the Indian crypto bank, has planned to open 50 banks in India by the end of 2021, but a proposed bill banning crypto could complicate matters. It has been reported that Unicas allows customers to access fiat and crypto services at the bank and provides digital loans using crypto holdings as collateral. However, the bank aims to launch 50 branches across the country by the end of the year and 50 more by the end of 2022. The report said that its plans may be stifled, du

Zebpay, India’s oldest cryptocurrency exchange, is now exploring broader crypto market opportunities, such as digital collectibles. It has been reported that with its launch of a new marketplace called Dazzle, Zebpay has chosen to expand into the nonfungible token space. However, NFTs are unique but tradeable blockchain assets that can be used to represent all manner of virtual and real-world goods. NFTs are unlike cryptocurrencies in that they can carry unique metadata and v

Tamil Nadu, the Indian state, has revealed new technology projects to create easier government processes including a blockchain infrastructure. It has been reported by The New Indian Express that Edapaddi K. Palaniswami, the Chief Minister of Tamil Nadu, announced the state’s adoption of an ethical blockchain policy. However, Palaniswami also announced that Tamil Nadu intends to launch a project to provide Knowledge Proof Identity-based services delivery, which will revolutio

Bengaluru, India –9th September​: Binance Charit​y​, the world’s first blockchain-powered donation platform, ​worked with Vaibhav Chabbra of Mumbai’s Makers Asylum, a collaborative makerspace, to distribute over 43,000 face shields to front line healthcare professionals, policemen and railway workers across 30+ hospitals, police stations and NGOs in Mumbai, New Delhi, Bengaluru and Goa. “Front-line workers are risking their own lives while they save ours. In the past three mo

A new cryptocurrency scam in India is targeting wealthy individuals using a fake mobile app, as scammers are going to greater lengths than ever to acquire other people’s crypto. It has been reported by India TV News that cybercriminals are targeting high-income individuals across India. Victims receive messages through social media groups asking them to sell and buy Bitcoin through a mobile app. However, the report said that this app, which supposedly acts as a crypto exchang

Binance, the major cryptocurrency exchange, has joined the crypto-asset exchange committee at the Internet and Mobile Association of India (IAMAI), the leading trade body of digital businesses in India. On June 17, it has been reported that this new cooperation will include efforts to implement industry best practices from across the globe followed by leading international exchanges, aiming to grow and develop the crypto and blockchain industry in India together. However, Gau

India’s maritime industry is looking to utilize the CargoX platform for Blockchain Document Transfer (BDT). On June 11 World Cargo News reported that CargoX has integrated its BDT into the Indian Port Community System (PCS), a subsidiary of the Indian Ports Association. It is aimed at digitizing India’s maritime infrastructure. India is digitalizing their trade documentation workflows – the maker of their Port Community System, @Portall_Info, has partnered with CargoX for Blo

Local crypto startup Tradehorn will be launching a new cryptocurrency exchange in India in June 2020. On June 9 local media outlet Digpu reported that Tradehorn’s founder and chief executive, Rahul Vinakiya, emphasized the company’s desire to simplify the experience of trading crypto assets for newbies: “We are here to serve novice traders, who are absolutely new to this and spread awareness of crypto as an innovation. For us, how we measure [the] success of this platform dep

The first version of Matic network mainnet is now live. On May 31. an official announcement was made stating that it had brought 10 nodes online, the first volley of a network Matic hopes to grow tenfold. With the rollout, Matic can now run dapps and support asset transfers between its network and the ethereum mainchain. Matic Network's mainnet block explorer is now live! 🥳 Check it out: https://t.co/WaZpE6sVYN https://t.co/7VLMR4nV8w — Matic (@maticnetwork) June 1, 2020 L

One of India’s leading Indian technology company Tech Mahindra has partnered with edtech startup Idealabs to offer blockchain certification courses. The certification course will be offered combined with live online and in-person and on-campus classes. .@tech_mahindra and @idealabsftv launch first-of-its-kind ‘Industry-Academia’ Collaboration Model to Grow Blockchain Talent Pool in India! Learn More: https://t.co/Vx6yZwS0pe#BlockChain #Innovation #TechMNxt pic.twitter.com/D

ZebPay, the major Indian cryptocurrency exchange and wallet provider, has partnered with Chainalysis, the blockchain forensics firm, to monitor transactions executed across its platforms in India. It has been reported that the move incorporates an expansion in the partnership between Chainalysis and ZebPay, with Chainalysis already providing its Know Your Transaction (KYT) services for ZebPay’s operations in Singapore. Avinash Shekhar, the President of ZebPay, said: “We wante

Adani Ports and Special Economic Zone Limited (APSEZ), the largest multi-port operator of India has partnered with the blockchain-based supply chain solution platform TradeLens. APSEZ plans to integrate TradeLens’s blockchain solutions across 10 of its major courier management facilities across ports in six Indian states: Gujarat (4 ports in gujarat itself.) Odisha Tamil Nadu Goa Chennai Andhra Pradesh Kerala In a big digitisation push, Adani Ports and Special Economic Zone

Crypto derivatives exchange Delta Exchange has announced funding from blockchain investor CoinFund, to provide strategic resources for both parties in their focus to expand in India. New York-based firm CoinFund looks forward to implementing its first venture investment in India following the recent lifting of the Reserve Bank of India’s ban on banks serving crypto-related firms. 📢 We're happy to announce that @CoinFund_io has backed us! CoinFund is an OG investment firm in

India’s central bank RBI clarifies that there is no prohibition on banks from providing banking services to cryptocurrency companies or traders, in response to a right to information request. The request was initially filed by cofounder of Indian cryptocurrency exchange Unocoin, Harish BV. An RTI was filed by @bvharish Co-founder of Unocoin. Question: Does RBI prohibited any banks from providing the bank accounts to crypto exchanges or crypto traders ? Answer from RBI: As o

Indian cryptocurrency exchange CoinDCX has announced that it had raised $2.5 million from investors such as Polychain Capital and Coinbase Ventures (the investment arm of crypto exchange Coinbase). The investment comes after the exchange’s Series A funding round in March where CoinCDX secured $3 million from Bain Capital, Polychain and HDR Group, the parent company of BitMEX exchange. 📢 BIG NEWS: CoinDCX has secured a US$2.5 million strategic investment. The funding was l

Cryptocurrency custodian BitGo will provide service to Indian exchange CoinDCX, offering secure storage and partial insurance for assets traded on the platform. BitGo claims to process over 20% of all Bitcoin transactions while providing an insurance policy covering up to $100 million in value through a syndicate of Insurers in the Lloyd’s of London and European Marketplace. 📢Big News for CoinDCX users@BitGo is now the custodian of CoinDCX. CoinDCX users' funds are complet

Agritech startup Agri10x partners with the Indian government to connect small-scale farmers to global buyers through blockchain while cutting out the middleman. On May 12 Business Standard reported that Agri10x partners with the Indian government to help remote farmers sell their produce on the market in a bid to generate fairer value. Agri10x partners with govt to help farmers directly sell their produce in market – Outlook India https://t.co/P28VEPKRYd #futureofag #agricult

A new fiat-crypto exchange dubbed BitPolo has launched in India. The Bangalore-headquartered exchange goes live on May 6. It was originally founded in March; the same month the Supreme Court ruled against RBI’s longstanding ban on crypto-related banking support. Yes, We are going live TODAY (May 6th) at 1PM IST!!! 🚀🚀 Don't miss to register and start Trading at https://t.co/UltaGJaiUQ with Instant INR deposit and withdrawals in seconds⚡#IndiaTradeCrypto #CryptoTwitter #Cry

Cryptocurrency exchange aggregator CoinSwitch will launch its CoinSwitch Kuber app on June 1 exclusively for users in India. The mobile app will support over 100 coins. It will also add liquidity across all Indian exchanges to allow users to buy and sell using Indian rupee. 🇮🇳 Get ready with your trading bells🔔CoinSwitch Kuber is arriving! Buy, sell, and trade 100+ cryptos instantly with INR Register for pre-launch now to avail ZERO trading fees📈and enjoy giveaway wor

Indian tech startup Smart Sight Innovation (SSI) develops an app designed to improve maintenance and inspection of vehicles. According to an April 27. announcement SSI built the mobile app for an unnamed American client specializing in the development of AI, IoT and other blockchain-based platforms. The app is currently available on Android devices. The app creates a summary of issues such as repair work and compliance with inspection criteria. SSI says that the app sends ale