Cryptocurrency Market Booming in India
India is in a unique position to drive development and innovation in the cryptocurrency industry. Policymakers can take into account numerous use cases and examples despite past reports of a possible ban on cryptocurrencies in the nation. This will help them to better comprehend the genuine potential for using cryptocurrency and its implications on the economy. In the last few years, India's cryptocurrency market has seen a transformation. Despite regulatory uncertainties and high volatility, Indian investors prefer to invest in cryptocurrency over gold.
Best Investments to do before 2021 end
Best Cryptocurrency Exchange in India Every investor wants to invest in the best options available out there, in such a way they can get the best returns with the lowest risks possible.
Proof of Work Vs Proof of Stake
Best Cryptocurrency Exchange in India We all know how to Buy Bitcoin and Ethereum in India, but not many fully understand the core differences between the two that would arise once Ethereum transitions to 2.0. The network will transition from its current consensus mechanism to a completely different one. ‘Consensus mechanisms’ are basically the methodology that a blockchain network uses to make decisions. So it is crucial to have a better understanding of these core aspects.
Is it possible to ban cryptocurrency in India?
“Cryptocurrencies are literally just a piece of open-source software. There’s nothing else. It exists on the internet, it’s open-source software, anyone can implement it, it runs wherever the internet runs, and they have a monetary policy where these assets are algorithmically generated.” Jeremy Allaire, CEO of Circle.
How Bitcoin Can Help Businesses Embrace Digital Transformation
As one of the most successful entrepreneurs in the world said: “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient”. These words were said by Bill Gates, co-founder of Microsoft, investor and philanthropist, and an advocate of Bitcoin, crypto, and the main reference on digital transformation.
Holding crypto assets in India?
Find out how USA and UK are taxing Crypto Gains and find out how the Indian Government is planning to tax Crypto Gains. The circular issued by the Reserve Bank of India on 6th April 2018, which restricted banking facilities from being offered to participants involved in cryptocurrency transactions, has been the first step in regulatory challenges posed to cryptocurrencies in India. This decision has, however, been squashed recently, when the Reserve Bank of India clarified that “its 2018 order directing lenders to stop dealing in virtual currencies was quashed by the Supreme Court in March last year and can’t be cited by banks to deny services to people dealing in cryptocurrencies”.
Airdrop Season is Here
Here’s how you can claim CIN Airdrop — step by step guide! Dear Coinsbit India Users, We are excited to announce that our team has been working day & night on improving our KYC process. We are pleased to inform you that more users will now be able to get their Coinsbit India accounts verified and start trading their favorite cryptocurrencies safely on your favorite platform.
Supply & Demand, Mining, Regulations
The basic fact about currencies is that they possess six key attributes — scarcity, divisibility, utility, transportability, durability, and counterfeit ability.