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Nobody can deny that UPI (Unified Payments Interface) has been a huge success in India. Paytm, Google Pay, and PhonePe, for example, are now accepted practically everywhere else, including retailers, e-commerce platforms, and brick-and-mortar stores. Today, almost everyone with a smartphone uses one of these apps to make payments. The National Payments Corporation of India (NPCI) is the organisation in charge of India’s huge payment and settlement system. The UPI Infrastructure, which allows for free…

A few days back, the Indian tech industry association, IndiaTech which represent major crypto firms from the crypto industry like WazirX, CoinDCX and CoinSwitch Kuber, etc wrote a letter to the country’s Finance Miniter, Nirmala Sitharaman seeking a proper clarification on the administration’s stance on the current crypto firm operating laws and the tax laws imposed on the crypto industry in the country. IndiaTech further requested the government to introduce the impending Crypto Bill in…

One of the largest crypto exchanges of India, WazirX was recently all over the news for all the wrong reasons. As per the GST department of the Mumbai zone, an investigation was led against WazirX to look into its accounts where it had spotted an alarming tax discrepancy of about Rs 40.5 crore. Well, the issue was settled immediately as WazirX quickly cleared the outstanding tax along with the penalties which rounded up to a…

Today we have another interesting project named as Injective Protocol. It’s claimed to be the first layer-2 DEX that unlocks the full potential of decentralised derivatives and borderless DeFi. Architecture of the Protocol Injective protocol is composed of five principal components as stated on their website here. Injective ChainInjective Exchange ClientInjective API ProviderInjective EVM RPC providerInjective Bridge Contracts on Ethereum Injective Chain It’s the core backbone for Injective’s layer-2 derivatives platform and hosts a fully…

A lot of time, I get questions from my subscribers asking me where can they buy Bitcoin in India. Today, in this article I am going to answer your doubts regarding cryptocurrency. First of all the most common question which I get is regarding the legality of Bitcoin in India. People ask me is it legal to buy Bitcoin in India? Frankly speaking, it is neither illegal nor legal to buy Bitcoin in India. This…

Bitcoin has been a great topic of discussion among young college students, investors, finance professionals, bloggers. People often call it by different names. Some call it as Digital Gold, Scam, Bubble, Ponzi Scheme and more. Today we are going to dive into the fundamentals of what is Bitcoin and I will share my own experience with it. Bitcoin essentially has 2 components, the token and the protocol/code, that powers the token. It was founded back…