Indian High Court Seeks Disclaimers on Crypto Advertising
The High Court of Delhi is seeking responses and has scheduled the matter for discussion in August.
The funding round would accord the Indian company unicorn status, with a valuation of more than $1 billion.
All three have holdings in excess of 5% in the company, which develops distributed ledger technology products for Indian financial services.
The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months.
Auction houses are struggling to cater to India’s growing appetite for art. With 624 million internet users in India, NFTs could be the perfect disruptor.
Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.