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Experian India launches Ascend Market Insights
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Experian India launches Ascend Market Insights; leveraging bureau, fraud, alternative data on single platform
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Cryptocurrency surge may continue, but regulatory uncertainties create bottlenecks
Surabhi
Mumbai |
Updated on
Despite Supreme Court lifting ban on trading, most banks remain cautious
The surge in cryptocurrencies, led by Bitcoin, is likely to continue with robust response from not only retail but also global institutional investors, believe players. However, regulatory uncertainties continue for the sector.
“The crypto ecosystem has also been growing largely due to institutional investors buying into crypto and large companies like PayPal offering it,” said Nischal Shetty, CEO of domestic cryptocurrency exchange WazirX, adding that 2021 is likely to be even better for the sector with more regulatory clarity coming in from countries like the United States.
CoinSwitch Kuber raises $15 million from Ribbit Capital, Paradigm, Kunal Shah and others The three-year-old company will use the funds to enhance product, security, compliance and tech capabilities, and build a brand with a view to be the leading cryptocurrency investment platform for Indian users. TechSamvad January 21, 2021 12:43:41 IST Coinswitch Kuber will use the will use the new funds to enhance product, security, compliance and tech capabilities.
CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million (around Rs 109 crore) in Series A funding round led by global fintech and crypto investor Ribbit Capital and San-Francisco based crypto focussed investment firm Paradigm. The round also saw participation from existing investors Sequoia Capital India and angel investor and CRED founder Kunal Shah.
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