The curious case of India’s first crypto mutual fund

The curious case of India’s first crypto mutual fund

Unlike mutual funds, this particular fund is neither regulated by the Securities and Exchange Board of India, nor governed by the many rules that safeguard ordinary investors in mutual funds. The BGCI Index, which is designed to measure the performance of some of the largest cryptocurrencies including Bitcoin, Ethereum, Solana, and Polygon, has delivered 500% … Read more

Stage set for return of Binance, Kucoin to India

Stage set for return of Binance, Kucoin to India

In December, India’s Financial Intelligence Unit (FIU) called for blocking web addresses of a number of global crypto firms which were not registered in the country, over concerns that some of them may be misused for money-laundering. On Friday, FIU said that it has lifted Kucoin’s suspension after the exchange paid a fine of around … Read more

ChatGPT advises investors with high risk appetite to invest in cryptos. Should you take the plunge?

ChatGPT advises investors with high risk appetite to invest in cryptos. Should you take the plunge?

If you ask ChatGPT, the popular artificial intelligence (AI) chatbot, about the most feasible investing option one could explore as a high-risk investor, it promptly asks you to put your money in cryptocurrencies, among other options.  Not only does it suggest investing in cryptos, but it also shares with the inquisitive user the key reason … Read more