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Algorand gains 5% as it expands to India

With the news of its cooperation in India, the price of Algorand (ALGO), a blockchain-based cryptocurrency protocol that uses proof-of-stake technology, increased by more than 6% during a 24-hour trading period. The collaboration arrangement would undoubtedly benefit India’s expanding economy as the country transitions from Web2 to Web3. Algo, trading at $0.22 as of press, had […]
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India is looking at regulating or prohibiting unbanked crypto, DeFi, and stablecoins

The Reserve Bank of India (RBI) is making concerted efforts at the global level to devise a common means of regulating or prohibiting unbanked crypto assets, DeFi tokens, and stablecoins, details from the recently unveiled Financial Stability report show.  RBI suggestions on crypto regulations The RBI highlighted three ways of possibly regulating cryptocurrencies. As their […]
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