Global #India

Floki Inu (FLOKI), a cryptocurrency that began as a memecoin inspired by Elon Musk's Shiba Inu dog, is venturing into philanthropy. The organization has set its sights on India, aiming to construct a school to address the country's educational accessibility challenges.

Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts.

In the fast-paced realm of cryptocurrency, staying abreast of regulations while fostering innovation is paramount. KuCoin, a major player in the global crypto scene, has taken significant steps by registering with India’s FIU.

Dabba, a decentralized physical infrastructure network (DePIN) aimed at providing affordable wireless data access to underserved populations, has announced the launch of its second campaign, allowing users worldwide to purchase Wi-Fi hotspots.

India's securities regulator has proposed that oversight of cryptocurrency trading should be divided among multiple authorities, according to a Reuters report.

Binance and KuCoin, two offshore cryptocurrency entities, have received approval from India's anti-money laundering unit after being banned for operating illegally.