Matic Launches Mainnet Aiming to Bring More ‘Firepower’ to Ethereum
Matic, a sidechain scaling solution for Ethereum, has deployed the first 10 nodes of its mainnet after several years in development.
Demand for bitcoin is up in India, thanks in part to the economic crisis. But Indian tech startups are more focused on Ethereum.
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships.
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted.
Binance and the Internet and Mobile Association of India (IAMAI) say they'll work to implement industry best practices in the Indian crypto market.
Talk that India might be considering a new ban on crypto may be premature, said exchange founders and startup CEOs working in the sector.