Inde

When a consumer product surpasses oil and diamonds in the exports of a country like India, it is no longer just an industrial success, but a strategic shift. The meteoric rise of smartphones as the leading export item reflects a redeployment of the country's economic priorities. This turning point marks the emergence of a manufacturing India connected to global value chains, with possible repercussions on the balance of international trade, technological flows, and ultimately, on digital uses and the dynamics of the crypto economy.

India is currently reassessing its position regarding cryptocurrencies. Ajay Seth, the economic secretary of the Ministry of Finance, stated that India is closely monitoring international developments related to cryptocurrencies. The rise of these digital assets globally is prompting the country to reflect on its regulation and policy regarding crypto.

In a significant stance, the main Indian regulators and institutions consulted by the government advocate for a ban on private cryptocurrencies like Bitcoin and Ether, preferring the central bank digital currency (CBDC).

When 134 countries play sorcerer's apprentices with CBDCs, it is 98% of the global economy that enters a zone of digital turbulence.

The international monetary system is in turmoil. The BRICS are exploring various avenues with varying degrees of success.

India and the United Arab Emirates are determined to replace the dollar with their national currencies.

New Delhi repatriated its gold from England, a sign that a new international monetary order is in the making. Bitcoin lying in wait

Binance spends 2 million dollars to re-enter the crypto market in India. How does this redefine the global crypto landscape?