CryptoX – Cryptocurrency Analysis and News Portal UPI Was Central to Coinbase India Launch, Now the Crypto Exchange Says It's 'Unavailable' Source The post UPI Was Central to Coinbase India Launch, Now the Crypto Exchange Says It's 'Unavailable' appeared first on CryptoX. CryptoX Portal
โLast year, it wasn’t that [mining] was an afterthought, but it didn’t have nearly the pull or the promotion from the conference,โ Whit Gibbs, the founder and CEO of bitcoin mining and services company, Compass Mining, told CoinDesk from the exhibition floor. โAnd this yearโฆthey promoted [the mining stage], they’ve got speakers that are more engaging, drawing in the crowds. It’s been great,โ he said. Source
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On Thursday, hours after Coinbase’s trading launch in India, NPCI tweeted it is “not aware of any crypto exchange” using UPI. At the time, Coinbase responded with a statement that said it was actively experimenting with a number of payment methods., one of which was UPI and that it was”committed to working with NPCI and other relevant authorities to ensure we are aligned with local expectations and industry norms.” Source
Another week has passed in the action-packed world of crypto, so itโs time to kick back, take stock of the situation, and enjoy this weekโs bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitterโs โsingle most annoying problem,โ a deep dive into the world of Bored Ape Yacht Club NFT gains, a pile of bitcoins connected to Mt Gox still shrouded in mystery, and tax developments in Indonesia. Without further ado, this is the…
The majority of cryptocurrencies were trading in the green zone early Sunday. Bitcoin price increased 0.62% in the previous 24 hours to $42,679.03, while Ethereumโs price inched up 1.26% to $3,254.76. According to Coindesk data, Ether, the second most traded cryptocurrency, was trading at $3,254, up 1.21%. During the previous dayโs session, Bitcoin was trading at its long-term support level, while the crypto markets continued to drop. BTC/USD spent the most of Saturday trading near its $42,000 support level, following an earlier low of $42,183.25. Bitcoin, the worldโs most valuable…
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Whatever you prefer to call it โ crypto, blockchain or Web3 โ this new segment of the digital economy is booming across Africa. If youโve been sleeping on the sector, nowโs a good time to wake up. Why? Well for one, according to analytics firm Chainalysis, Africaโs crypto market increased in value by more than 1,200% between July 2020 and June 2021. Led by especially high adoption rates in Kenya, South Africa, Nigeria and Tanzania, Africa had the third-fastest growing cryptocurrency economy worldwide during that period. And thatโs not all.…
Binance, the worldโs biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai.ย The in-principle approval from the Abu Dhabi Global Market (ADGM) allows Binance to operate as a broker-dealer in digital assets including cryptocurrencies โ marking yet another milestone for the crypto exchange, which envisions to operate as a fully-licensed firm. @binance, one of the world’s leading #blockchain and #cryptocurrency platforms, received an IPA from the #ADGM Financial Services…