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Crypto_On_India
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India is 7th biggest nation ready to adopt crypto i 2023: report According to HedgewithCrypto research, Australia is the biggest country when it comes to the adoption of cryptocurrency in 2023 with a score of 7.37 out of 10. #BTC #cryptoindia #india #BTC #cryptoonindia
India is 7th biggest nation ready to adopt crypto i 2023: report

According to HedgewithCrypto research, Australia is the biggest country when it comes to the adoption of cryptocurrency in 2023 with a score of 7.37 out of 10.

#BTC #cryptoindia #india #BTC #cryptoonindia
The design of the Central Bank Digital Currency (CBDC) or digital rupee will be the least disruptive and will not replace the physical currency, Executive Director of the RBI Ajay Kumar Choudhary said...!! #Binance #BNB #rbi #cryptoindia #cryptoonindia
The design of the Central Bank Digital Currency (CBDC) or digital rupee will be the least disruptive and will not replace the physical currency, Executive Director of the RBI Ajay Kumar Choudhary said...!! #Binance #BNB #rbi #cryptoindia #cryptoonindia
🇮🇳 Reserve Governor Shaktikanta Das: “Cryptocurrency” can be a “real danger” to the Banks directly or indirectly.🚶‍♂️ #cryptoindia #crypto2023 #BTC
🇮🇳 Reserve Governor Shaktikanta Das: “Cryptocurrency” can be a “real danger” to the Banks directly or indirectly.🚶‍♂️

#cryptoindia #crypto2023 #BTC
🚨BREAKING: Indian Govt 🇮🇳 has officially announced that all Crypto businesses would come under PMLA Act 2022. Now onwards Crypto Transactions will be reported, monitored and screened, a great step for clarity on Crypto Regulations. #cryptoindia #bicasso #buildtogether
🚨BREAKING: Indian Govt 🇮🇳 has officially announced that all Crypto businesses would come under PMLA Act 2022. Now onwards Crypto Transactions will be reported, monitored and screened, a great step for clarity on Crypto Regulations. #cryptoindia #bicasso #buildtogether

Namaste All.. 🙏🙏 Binance is hosting it's first ever Holi themed community Super Meetup Delhi on 7th March 2023. Well.. That's huge.. Will you be a part of the event? 😎✌️ #Binance #MeetUp #cryptoindia
Namaste All.. 🙏🙏
Binance is hosting it's first ever Holi themed community Super Meetup Delhi on 7th March 2023. Well.. That's huge.. Will you be a part of the event? 😎✌️
#Binance #MeetUp #cryptoindia
🚨BREAKING: Indian Govt 🇮🇳 has officially announced that all Crypto businesses would come under PMLA Act 2022. Now onwards Crypto Transactions will be reported, monitored, and screened, a great step for clarity on Crypto Regulations.  #cryptoindia  #bicasso  #buildtogether
🚨BREAKING:

Indian Govt 🇮🇳 has officially announced that all Crypto businesses would come under PMLA Act 2022. Now onwards Crypto Transactions will be reported, monitored, and screened, a great step for clarity on Crypto Regulations. 

#cryptoindia

 #bicasso

 #buildtogether
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Nadyisom
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1. Indian exchanges are promoting themselves as being FIU-compliant (following financial regulations) instead of focusing on the main problems faced by users.

2. The real problems that users are experiencing are:
a. Low liquidity: There is not enough buying and selling happening on the exchanges, making it hard to trade.
b. Difficult user interface (UI): The design and how the exchanges work are confusing and not user-friendly.
c. Issues with withdrawing money: Users are having trouble taking out their funds from the exchanges.
d. Limited variety of altcoins: There are not enough different types of cryptocurrencies available for trading.
e. Late listing of promising coins: The exchanges are adding new cryptocurrencies too late, missing out on good opportunities.
f. Lack of proper support team: Users don't have enough help and assistance from the exchanges when they need it.
g. Using order books from international exchanges: The exchanges rely on other exchanges' order books instead of having their own.

To make things better, Indian exchanges should focus on improving these core problems and providing a smoother and more user-friendly experience for their users.
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Bullish
😆Good News 🔥😁 Crypto👇👍The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies.#cryptocab #cryptoindia #crypto #cryptobharat
😆Good News 🔥😁 Crypto👇👍The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies.#cryptocab #cryptoindia #crypto #cryptobharat
Binance crypto exchange is Set to restart operations in India . Guys very soon we will be able to see binance Working officially in India it's really Big news for India crypto investors and institutions 🥳🥳🥳🥳🥳🥳#Binance #cryptoindia
Binance crypto exchange is Set to restart operations in India .
Guys very soon we will be able to see binance Working officially in India it's really Big news for India crypto investors and institutions 🥳🥳🥳🥳🥳🥳#Binance #cryptoindia
Four police officials, including an inspector, have been detained by the Kerala police following allegations of taking money from a cheating case accused. Police sources said that the team from Karnataka came down to Kochi on August 1 to arrest two persons in connection with a cheating case in Karnataka. The Karnataka police team allegedly took Rs. 3.95 lakh from the two illegally. Based on a complaint in this regard, the Kalamassery police in Kochi took the four into custody on Wednesday evening. Assistant Commissioner of Police Baby P V told DH that the state police was in touch with the Karnataka police to verify the details of the police officials in custody and their purpose of visit to Kochi. #india #cryptocurrency #scam #cryptoindia #cryptoonindia
Four police officials, including an inspector, have been detained by the Kerala police following allegations of taking money from a cheating case accused.

Police sources said that the team from Karnataka came down to Kochi on August 1 to arrest two persons in connection with a cheating case in Karnataka.

The Karnataka police team allegedly took Rs. 3.95 lakh from the two illegally. Based on a complaint in this regard, the Kalamassery police in Kochi took the four into custody on Wednesday evening.

Assistant Commissioner of Police Baby P V told DH that the state police was in touch with the Karnataka police to verify the details of the police officials in custody and their purpose of visit to Kochi.

#india #cryptocurrency #scam #cryptoindia #cryptoonindia
The Economic Offences Wing (EOW) of the State Crime Branch has brought to light an extensive cryptocurrency scam spanning across India, implicating more than 2 lakh individuals and involving deposits exceeding Rs 1,000 crore. The scam, masterminded by a company named STA Token (Solar Techno Alliance), unfolded as a pyramid-structured Ponzi scheme that cunningly eluded detection from the Reserve Bank of India (RBI). Despite the absence of formal complaints from the affected investors, the EOW undertook a thorough investigation, unmasking STA Token's illicit operations. #bitcoin #cryptoscam #india #cryptoindia #cryptoonindia
The Economic Offences Wing (EOW) of the State Crime Branch has brought to light an extensive cryptocurrency scam spanning across India, implicating more than 2 lakh individuals and involving deposits exceeding Rs 1,000 crore.

The scam, masterminded by a company named STA Token (Solar Techno Alliance), unfolded as a pyramid-structured Ponzi scheme that cunningly eluded detection from the Reserve Bank of India (RBI).

Despite the absence of formal complaints from the affected investors, the EOW undertook a thorough investigation, unmasking STA Token's illicit operations.

#bitcoin #cryptoscam #india #cryptoindia #cryptoonindia
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Coinpedia
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Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 ...
The post Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours appeared first on Coinpedia Fintech News

The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.

How it Impacted the Crypto Market

The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.

900 Million Liquidation Due to Fake News

The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time. 

Security Measures

The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts. 
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VARANASI BITCOIN BAAP
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Indian🇮🇳 government wants to kill Crypto industry. More than 500+ #web3 active startups in India till July 2023 and 11% of world’s #crypto, Web3 talent is in India.

However Indian government treat #cryptocurrency as a gambling ❓

And The earnings from trading, selling, or swapping #cryptocurrencies are taxed at a flat 30% and No loss set off Other than this, a TDS at 1% is also applicable on the sale of Crypto .

Support guys like and retweet 🙏

#reducecryptotax
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said. Stablecoins are an existential threat to policy sovereignty and are only useful to a few countries, said Reserve Bank of India Deputy Governor Rabi Sankar at an event, according to the local news platform The Hindu. Given the concerns around stablecoins, central bank digital currencies (CBDC) are better "stable solutions" for every country, Sankar said. #reservebankofindia #stablecoin #crypto2023 #cryptoindia #cryptoonindia
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.

Stablecoins are an existential threat to policy sovereignty and are only useful to a few countries, said Reserve Bank of India Deputy Governor Rabi Sankar at an event, according to the local news platform The Hindu.

Given the concerns around stablecoins, central bank digital currencies (CBDC) are better "stable solutions" for every country, Sankar said.

#reservebankofindia #stablecoin #crypto2023 #cryptoindia #cryptoonindia
FIR filed against Coindcx for cheating and scamming crypto users by Delhi Police Many users said that they weren’t able to withdraw the money to their bank account and when they contacted the official they were asked to 40,000 as tax submit which they can claim later. The users got suspicious and reported to Delhi police to take action against Coindcx #cryptonews #cryptonewstoday #cryptoindia #BTC!💰 #IndiaCrypto $BTC $ETH $BNB
FIR filed against Coindcx for cheating and scamming crypto users by Delhi Police

Many users said that they weren’t able to withdraw the money to their bank account and when they contacted the official they were asked to 40,000 as tax submit which they can claim later. The users got suspicious and reported to Delhi police to take action against Coindcx

#cryptonews #cryptonewstoday #cryptoindia #BTC!💰 #IndiaCrypto $BTC $ETH $BNB
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