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India
Polygon Launches Unit to Grow Blockchain Gaming and NFTs
Polygon has launched Polygon Studios, focused on helping to advance blockchain gaming and non-fungible tokens (NFTs). The co-founder and COO of the India-based Ethereum-scaling project, Sandeep Nailwal, discusses how the new unit could transform the gaming industry's existing business model. "NFTs [are] basically going to be the gateway to bring masses into [the] blockchain," Nailwal said. Plus, insights into the state of crypto regulations in India and the Polygon ecosystem.
India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon
Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
ICICI Blocks Crypto Transfers, Korea Banks to Report Crypto Crime
India’s ICICI bank blocks international crypto transfers. Korea says banks must report crypto-related money laundering. Fears over plagiarism hit the NFT world. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Indian High Court Seeks Disclaimers on Crypto Advertising
The High Court of Delhi is seeking responses and has scheduled the matter for discussion in August.
India's ICICI Bank Stops Customers From Making Overseas Crypto Investments
ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.
Indian Exchanges Unfazed by Current Crypto Bear Market: Report
Despite the downturn, exchanges say they are looking to build up their infrastructure for when the next big boom in crypto rolls around.
Coinbase to Woo India Recruits With $1,000 in Crypto
The exchange's aim is that recruits will use the incentive to learn about crypto.
Tech Mahindra Joins StaTwig in Global Vaccine-Tracing Blockchain
The firms say the blockchain can improve transparency and prevent failures in global vaccine supply chains.
India Could Hit International Crypto Exchanges With Additional 18% Tax: Report
Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.
India May Have Quietly Shown Its Hand on Crypto Regulation
A recent enforcement action against Wazir-X, India's largest exchange, offers a glimpse of how regulators might eventually treat cryptocurrency there.
