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Tag: Indian Rupee

WazirX restores balances post-hack, withdrawal timeline unclear

August 17, 2024 wp-bot Cointelegraph

The delay in withdrawals has impacted individual investors and raised concerns about the overall security and reliability of cryptocurrency exchanges.

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BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

August 14, 2024 wp-bot Bitcoin News

The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S.

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Wazirx Claims INR Funds Unaffected by Cyberattack, Platform Secure

July 23, 2024 wp-bot Bitcoin News

Indian crypto exchange Wazirx has provided an update on the recent cyberattack resulting in the theft of over $230 million. Wazirx co-founder Nischal Shetty stated

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Indian Official: De-Dollarization Remains Distant, Rupee Should Become Dominant Currency

August 27, 2023 wp-bot Bitcoin News

India’s oil and gas minister says de-dollarization is a long way away. The official emphasized his desire to conduct all transactions in rupees, expressing his

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BRICS Bank to Issue First Indian Rupee Bond — Plans to Boost Local Currency Lending

August 23, 2023 wp-bot Bitcoin News

The New Development Bank (NDB), also known as the BRICS Bank, is reportedly planning to issue its first Indian rupee bond by October. Last week,

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Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark

May 1, 2023 wp-bot Bitcoin News

Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar

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