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Crypto Exchanges: Leading crypto exchanges scout entry into India despite potential ban

"These companies have already begun talks to understand the Indian market and the entry points better," said one source directly involved with an exchange that had begun due diligence for an Indian firm it was considering acquiring. The other two exchanges, he said, were in the initial stages of deciding whether to enter India and weighing their options, which effectively come down to a choice between setting up a subsidiary or buying an Indian firm, as Binance, the worlds biggest exchange, d...
New Delhi Kumar Gaurav Shaktikanta Das Darshan Bathija Hong Kong Based Bitfinex Binance Fiat

Too legit to quit

Too legit to quit SUBSCRIBE Thank you for subscribing to Morning Dispatch Well soon meet in your inbox. / Morning Dispatch Keen to establish themselves as legitimate businesses in the eyes of banks, India’s crypto exchanges are uniting under the Internet and Mobile Association of India to draw up and implement a code of conduct. Also in this letter: �� �� Crypto exchanges draw up ‘legitimacy plan’ Indias cryptocurrency industry plans to overhaul and standardise its disclosure...
United Kingdom Tamil Nadu Steve Ballmer Vikas Bansal Mukesh Aghi Aarthi Ramamurthy

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India's cryptocurrency industry draws up 'legitimacy plan'

Synopsis India’s leading cryptocurrency exchanges, including WazirX, CoinDCX and CoinSwitch Kuber, have partnered with IAMAI to set up an advisory board to implement a code of conduct for the crypto industry in India. ETtech The attempt is to bring India’s scattered and informal cryptocurrency and blockchain ecosystem under one standard authority. (Illustration: Rahul Awasthi/ETtech) Mumbai: India’s nascent cryptocurrency industry will overhaul and standardise disclosure and compliance me...
Coinswitch Kuber Sathvik Vishwanath Navin Surya Vishwas Patel Big Four Crypto Assets Council

10-figure salaries

10-figure salaries SUBSCRIBE Thank you for subscribing to Daily Top 5 Well soon meet in your inbox. / Daily Top 5 Good evening, Zerodha founders Nithin and Nikhil Kamath, and the firm’s director Seema Patil, could soon see their annual salaries rise to Rs 100 crore each. Patil, incidentally, is Nithin Kamath’s wife, so if their pay rises are confirmed, the Kamath household’s net income will be around Rs 300 crore next year. Yowzer. GIF Credit: Giphy �� Tata makes BigBasket deal offic...
Nithin Kamath Kavery Kalanithi Maran Kalanithi Maran Seema Patil Amit Acharya Nikhil Kamath

Is the Crypto Bull Market Over? 5 Industry Heavyweights Break It Down

Major cryptocurrencies suffered double-digit declines as volatility extended into the weekend. At Consensus 2021, investors pondered whether the sell-offs signal the end of this bull cycle. They also shared how bitcoin can live up to Hal Finneys historic $10 million price prediction. It was the kind of volatility that keeps investors eyes glued to the screen.  As last weeks wild fluctuations extended into the weekend, none of the major cryptocurrencies was spared from double-digit declines. Bi...
Satoshi Nakamoto Dan Held Rumi Morales Hal Finney Sam Bankman Lou Gehrig

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