Cryptocurrency exchange Coinstore enters India despite pending restrictions on trading

MUMBAI: Singapore-based virtual currency exchange Coinstore has commenced operations in India at a time when the Indian government is preparing legislation to effectively ban most private cryptocurrencies. Coinstore has launched its web and app platform and plans to have branches in Bangalore, New Delhi and Mumbai that will serve as its base in India for … Read more

Crypto exchanges rush to allay investor concerns amid regulatory uncertainty

MUMBAI: Private equity firms and strategic investors who have invested millions of dollars in Indian cryptocurrency exchanges are getting upset after the government’s decision to introduce the Official Digital Currency Bill, 2021 on Cryptocurrency and Regulation in the upcoming winter session of Parliament. . The words of the Lok Sabha Bulletin, released late on Tuesday, … Read more

Up to 3,000% YTD, this token sends Shiba Inu out of top 10 crypto list

by Joanna Osinger The Avalanche cryptocurrency has surged over the past several days, moving it into the top 10 by market cap and surpassing Dogecoin and Shiba Inu following a deal related to improving US disaster-relief funding. According to CoinGecko’s pricing, the avalanche token, AVAX, peaked at a record $144.96 on Sunday, before losing some … Read more

Price Arbitrage is a New Concern as Multiple Crypto Platforms Are Coming to the fore

A new point of contention is emerging involving governments, regulators and cryptocurrency exchanges over the number of platforms – and the potential for price arbitrage. Sources close to the discussion told ET that concerns are being raised about the number of cryptocurrency exchanges operating out of India and that the prices of the same cryptocurrency … Read more