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Metakovan: Indian Crypto investor bought Beeple s JPG file for whopping $69 million

Metakovan: Indian Crypto investor bought Beeple s JPG file for whopping $69 million © Aadil Mir Metakovan: Indian Crypto investor bought Beeple s JPG file for whopping $69 million Metakovan, the pseudo name of an Indian Cryptocurrency investor, bought a digital collage by an artist named Beeple for a whopping $69 million. He didn t reveal anything about himself except that he currently is based in Singapore and the meaning of his pseudo name s as King of Meta in the Tamil language. Metakovan successfully bids and acquired the piece, titled “Everydays: The First 5,000 Days” for $69,346,250 (42329.453 ETH), in an unprecedented sale of a digital artwork that fetched more money than physical works by many better-known artists, announced the auction house Christie s.

IMAI against the proposed cryptocurrency ban in India

IMAI against the proposed cryptocurrency ban in India IMAI against the proposed cryptocurrency ban in India Advertisement  Internet and Mobile Association of India (IAMAI) has urged the Indian Government not to ban cryptocurrency in India and has also welcomed Finance Minister Nirmala Sitharaman’s comments that the government will take a “calibrated approach to crypto trading and “negotiations and discussions are going on with the Reserve Bank of India (RBI) on how to regulate cryptocurrency in India.   IAMAIhas issued a statement in which it has appealed to the Government of India not to ban cryptocurrency and has proposed to develop robust mechanisms to regulate the ecosystem. The reason to back their claim is that Cryptocurrency has been generating jobs across a variety of functions legal, compliance, tech, marketing, business development, finance, etc. in India and abroad. 

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