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Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
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From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
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Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
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Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
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RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
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You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
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Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
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Probe Agency Raids In Gujarat, Maharashtra In Rs 100 Crore Fraud Case
The Enforcement Directorate raids in Surat and Ahmedabad in Gujarat and in Mumbai in Rs 100 crore cyber fraud case. Accused was involved in fake USDT trading (crypto currency), digital arrests, threatening innocent individuals.
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Opinion | Why Pakistan's New 'Crypto' Obsession Could Turn Dangerous
By embracing digital currency without resolving its foundational vulnerabilities in both its energy infrastructure and financial governance, Pakistan may not be catalysing a revolution, but rather courting a crisis.
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Kraken To Allow Trading In Apple, Tesla, Nvidia Shares As Digital Tokens: Report
Crypto exchange Kraken plans to launch tokenized versions of more than 50 stocks and exchange-traded funds, including shares of Apple, Tesla, Nvidia, the Wall Street Journal reported on Thursday.
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Bhutan Explores Green Crypto Mining To Boost Economy, Curb Brain Drain
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said.
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Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
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Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
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Amazon Appstore for Android to Shut Down in August; Amazon Coins to Be Discontinued
Amazon Appstore will be discontinued later this year, 14 years after it was launched for Android devices. Alongside this, Amazon will also wind down its Amazon Coins digital currency programme used for app purchases. While the app store won’t be available for download on Android devices, it will continue to function on Amazon's own devices, inclu...
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Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
-
From Courtrooms to CBDCs: WazirX Founder Nischal Shetty on India’s Evolving Crypto Sector
In an exclusive conversation with Gadgets 360, WazirX founder Nischal Shetty discusses the exchange’s phased relaunch after its cyberattack, India’s recent legal clarity on cryptocurrency, and the potential role of an INR-backed stablecoin. He explains why the exchange restarted gradually, addresses user concerns about withdrawals, and offers i...
-
Coinbase Partners Citi to Boost Stablecoin Adoption Amidst Growing Institutional Interest
Coinbase has joined forces with Wall Street major Citi to improve the functionality and efficiency of stablecoin transactions. The partnership focuses on easing conversions between fiat and digital currencies while enhancing cross-border payment systems. Citi’s involvement highlights a growing institutional push towards blockchain-based finance, ...
-
Ant Group Registers ‘Antcoin’ Trademark in Hong Kong as China Tightens Crypto Rules
Ant Group, the Alibaba-backed fintech powerhouse, has registered the “Antcoin” trademark in Hong Kong through its Cayman Islands subsidiary. The move underlines the firm’s intent to pursue blockchain-based innovation in friendlier jurisdictions as Beijing tightens its control over cryptocurrency activity and limits private digital asset proje...
-
RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
-
You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
Criminal Stablecoin Use Continues Growing, Task Force Says
A new report says stablecoins now account for most illicit activity on crypto ledgers. As per the new report from the Financial Action Task Force found that a wide array of illicit actors — including terrorists, drug traffickers and North Korean hackers — have stepped up their use of stablecoins since the group’s last report on digital assets...
-
Probe Agency Raids In Gujarat, Maharashtra In Rs 100 Crore Fraud Case
The Enforcement Directorate raids in Surat and Ahmedabad in Gujarat and in Mumbai in Rs 100 crore cyber fraud case. Accused was involved in fake USDT trading (crypto currency), digital arrests, threatening innocent individuals.
-
Opinion | Why Pakistan's New 'Crypto' Obsession Could Turn Dangerous
By embracing digital currency without resolving its foundational vulnerabilities in both its energy infrastructure and financial governance, Pakistan may not be catalysing a revolution, but rather courting a crisis.
-
Kraken To Allow Trading In Apple, Tesla, Nvidia Shares As Digital Tokens: Report
Crypto exchange Kraken plans to launch tokenized versions of more than 50 stocks and exchange-traded funds, including shares of Apple, Tesla, Nvidia, the Wall Street Journal reported on Thursday.
-
Bhutan Explores Green Crypto Mining To Boost Economy, Curb Brain Drain
The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said.
-
Anti-CBDC Bill Cleared by House Financial Services Committee in US: Details
Republican lawmakers, led by Tom Emmer, are pushing the "Anti-CBDC Surveillance State Act," aimed at preventing financial surveillance of US citizens through central bank digital currencies.
-
Top Officials from the US and UAE Initiate Talks on Crypto and AI Exploration: Key Details
Sheikh Tahnoon Bin Zayed Al Nahyan of the UAE met with key officials from President Trump’s administration this week, including White House crypto czar David Sacks. Their discussions focused on expanding the role of digital currencies, particularly in international financial systems.
-
Amazon Appstore for Android to Shut Down in August; Amazon Coins to Be Discontinued
Amazon Appstore will be discontinued later this year, 14 years after it was launched for Android devices. Alongside this, Amazon will also wind down its Amazon Coins digital currency programme used for app purchases. While the app store won’t be available for download on Android devices, it will continue to function on Amazon's own devices, inclu...
