Crypto News Today : India's Roadmap for blockchain technology

Crypto News Today : India's Roadmap for blockchain technology


Crypto News Today : India's Roadmap for blockchain technology



-Indian Government Stand on Crypto Regulations:

The Finance Ministry has finalised the Draft Note on the proposed Cryptocurrency Bill but there are discussion going on to clear further doubts on Indian Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.

Confederation of Indian Industries suggested to improve crypto exchanges by developing centralised version.

-The Crypto Firm "Polygon" Acquires Predictable Labs:

The Cryto Company Polygon has announced that, it has acquired the startup firm Predictable Labs at a tune of 500 million dollar deal. This is considered as Company's latest stratagy to grow Ethereum network’s capacity.

-India's Roadmap for blockchain technology.

India has unveiled the 5 year roadmap for blockchain technology which is called as "National Blockchain Strategy". This roadmap mainly focus on Promoting the Blockchain technology in the Indian economy. 

It also aims to develop the coordination between the Private sector and Indian Government.The roadmap had  unveiled by Ministry of Electronics and Information Technology (MeitY).

-WhatsApp Pilot Project in the United States:

WhatsApp has recently launched the new Pilot Program in order to allow Crypto Payment in United States. The Crypto payment is backed by Novi Wallet, Payment will be made in Pax Dollars.

In a Tweet, Head of WhatsApp Will Cathcart said "People use WA to coordinate sending money to loved ones, and now Novi will help them do that securely, instantly and with no fees"

-Reddit Launches Beta Program for Tokens for Subreddits.

The famous forum and news web site Reddit has announced the "Community Points beta program" in which Reddit users able to own custom tokens for subreddits.

-Pepsi’s NFT Collection:

Pepsi has introdued the NFTs - non-fungible tokens with the ‘Pepsi Mic Drop’.NFTs help user to own digital artifacts by means of the blockchain network . 

Different forms such as  music, GIF image, and other digital asset are possible to own through NFTs.

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