Vodafone looks to integrate crypto wallets with sim cards

May 4, 2024 Coin Telegraph

The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt

Vodafone, a United Kingdom-based telecommunications provider, hopes to bring blockchain technology to smartphone users by integrating cryptocurrency wallets with subscriber identity module (SIM) cards.

The ambitious move comes amid a company finance plan that reportedly involves Vodafone Idea Ltd., a separate entity operating in India that Vodafone Group carries a 45% stake in, taking on nearly $3 billion in debt including $1.8 billion in loans over the next two years.

In a recent interview with Yahoo Finance Future Focus, Vodafone Blockchain Lead David Palmer discussed the company’s plans to integrate blockchain technology into smartphone sim cards:

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Binance to return to India after paying $2M fine for non-compliance: Report

April 18, 2024 Coin Telegraph

Binance

Binance and nine foreign crypto exchanges were blocked in India over non-compliance with local AML regulations.

Binance crypto exchange is set to return to India after a four-month ban by paying a $2-million fine for non-compliance, according to a report published in The Economic Times.

Binance will be the second overseas exchange after KuCoin to mark a return to the country after India’s financial regulatory body blocked access to crypto exchanges for non-compliance.

The Indian Ministry of Finance’s Financial Intelligence Unit (FIU) blocked access to nine foreign crypto exchange’s URLs and mobile applications, including Binance, in the first week of January for failing to adhere to the country’s Anti-Money Laundering Act.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement

April 18, 2024 Bitcoin.com

Binance Set to Re-Enter Indian Market With Million Fine Settlement

bitcoin.com

Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian Financial Intelligence Unit (FIU) mandated that foreign crypto exchanges, including Binance, […]

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India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets

April 6, 2024 Bitcoin.com

bitcoin.com

India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank […]

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Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

March 22, 2024 Bitcoin.com

bitcoin.com

Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […]

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US Senator Issues BRICS Warning, Says Economic Alliance May Damage America’s Ability to Weaponize Dollar

January 20, 2024 The Daily Hodl

Brazil

Florida Senator Marco Rubio just issued a warning about the growing global economic alliance known as BRICS. In a new article on RealClearWorld, the Republican senator says the recent expansion of BRICS poses a threat to the SWIFT payment system and America’s ability to weaponize the dollar to sanction people and nations. “As of New […]

The post US Senator Issues BRICS Warning, Says Economic Alliance May Damage America’s Ability to Weaponize Dollar appeared first on The Daily Hodl.

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Apple Expunges Binance, Kraken, Kucoin, Huobi and Other Crypto Exchanges From App Store in India: Report

January 11, 2024 The Daily Hodl

Apple

Apple has reportedly booted out several crypto exchanges from its app store in India amid allegations that most of these platforms are illegally operating in the country. TechCrunch reports that Binance, Kraken, Huobi, Gate.io, Bittrex, Bitfinex and OKX’s apps are no longer accessible on Apple’s India app store, though customers who have already installed them […]

The post Apple Expunges Binance, Kraken, Kucoin, Huobi and Other Crypto Exchanges From App Store in India: Report appeared first on The Daily Hodl.

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‘Landmark Year’ for Worldcoin As Eyeball-Scanning Crypto Project Launches in Singapore

December 27, 2023 The Daily Hodl

Altcoins

Worldcoin (WLD) has announced its launch in Singapore a week after pausing operations in three other nations. In a new company blog post, Worldcoin – founded by OpenAI CEO Sam Altman – says that its launch in Singapore will cap off a landmark year for the identity verification protocol. “Individuals in Singapore can now verify […]

The post ‘Landmark Year’ for Worldcoin As Eyeball-Scanning Crypto Project Launches in Singapore appeared first on The Daily Hodl.

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Worldcoin Plunges Over 20% in Days As the Crypto Project Retreats From Brazil, France and India: Report

December 21, 2023 The Daily Hodl

Altcoins

An eye-scanning biometric crypto project is plummeting after reportedly pulling out of Brazil, France, and India. According to a new report by TechCrunch, digital ID-focused crypto asset Worldcoin (WLD), co-founded by OpenAI chief executive Sam Altman, is leaving the three nations just months after launching its Orb verification services. Lily Gordon, a spokesperson for the […]

The post Worldcoin Plunges Over 20% in Days As the Crypto Project Retreats From Brazil, France and India: Report appeared first on The Daily Hodl.

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IEEE to issue blockchain skill certificates on Avalanche in India

December 6, 2023 Coin Telegraph

Avalanche

Avalanche was selected as the primary settlement layer for IEEE’s certificate issuance because of the need for an ecosystem compatible with the Ethereum Virtual Machine.

The credentialing system used by the Institute of Electrical and Electronics Engineers (IEEE) will use the Avalanche blockchain to issue tamper-evident certificates in India.

India is the second-largest IEEE membership base outside the United States, with over 75,000 members. The professional association will issue IEEE credentials or certificates to all trainees and users to make the verification process tamper-proof, instant and secure.

The IEEE will issue blockchain certificates via LegitDoc, a blockchain-based credential lifecycle management built by Zupple Labs. Speaking to Cointelegraph, Zupple co-founder Neil Martis said that the Indian public sector has become more willing over the last 12 months to implement full-fledged blockchain projects over pilots.

India

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