SEC v. Ripple1, a significant judgment favouring Cryptocurrencies, has been analysed in this article. In a major win for the Crypto platforms, Judge Analisa Torres of the United States District Court (SDNY) held that certain...
Tag - crypto
WHAT IS DEFI? Decentralized Finance (“DeFi”) refers to financial applications built on blockchain technologies, typically using smart contracts. Smart contracts are automated enforceable agreements that do not...
Decentralized Autonomous Organisation (“DAOs”) are essentially group of code that automatically execute whenever a set of criteria are met. DAOs can be referred to as governing bodies that looks after the...
WHAT IS BLOCKCHAIN? A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. It is a shared, immutable ledger that facilitates the process of recording transactions and tracking...
As on October 2021, India had the highest number of cryptocurrency investors in the world, which stands at 10.07 crore investors.[1] However, Virtual Digital Assets (“VDA”) like cryptocurrencies and NFTs are extremely...
Yet again, the Apex Court has come to citizens’ rescue. This time around by becoming the voice of thousands of cryptocurrency investors in the country. The Centre through the Budget session of 2022, imposed 30% tax on virtual...
What is an NFT? Non-Fungible Token (“NFT”) is a digital token created using blockchain technology attached to a piece of art. These tokens are nothing, but cryptographic assets cemented with unique identification codes and...
Introduction: India’s largest cryptocurrency exchanges CoinDCX and WazirX, are witnessing a sell-off. Bitcoin price has plunged over 14% on WazirX, and dog-themed cryptocurrencies SHIB and DOGE have...