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This shows that the crypto sector still remains appealing enough for venture capitals to pour hefty finances in related companies, but the slow paced second half of 2022 has affected the incoming funding into this particular sector.
Genesis Trading, based in New York, has nominated chief operating officer Derar Islim as interim CEO and announced a 20% workforce reduction.
The finance minister declared that the country's central bank, the Reserve Bank of India (RBI), will introduce a digital currency in the next financial year using blockchain and other supporting technology.
Finance Minister Nirmala Sitharaman mentions that the speculations on the Cryptocurrencies regulations are not healthy.
India placed fifth on the ranking with a percentage of 7.30 of the population engaged in cryptocurrency trading.
CoinDCX will be conveying through Bachchan that it is at the lead regarding the safety of its users and complying with the regulations. Additionally, the brand strives to educate users about the crypto area.
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