Category: India039s
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Rupee Revolution? India’s UPI Eyes International Expansion
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Let us forget the fading dream of a cashless society – a cashless society seems equally unlikely. But for India, the way tea, or any other good or service, is paid for is undergoing a digital revolution. The Unified Payments Interface (UPI), a mobile app-based system, has become the preferred…
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Binance, KuCoin Cleared by India’s Anti-Money Laundering Regulator
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India’s Financial Intelligence Unit (FIU) has registered Binance and KuCoin, months after banning the cryptocurrency exchanges from operating illegally, Coindesk reported. While KuCoin paid a $41,000 fine and resumed operations, Binance is awaiting a penal decision after a hearing with the Financial Intelligence Unit. Enhance credibility Vivek Agarwal, head of…