Research

Ripple ($XRP) vs. SEC Case: Who will Win?

Who will win, SEC vs. Ripple (XRP)?
Ripple Counsel STU Alderoty provided the latest argument and update in the Ripple case that SEC doesn’t have power to remake the law, only congress can remake the law. This case is only hurting the retail investors that the SEC promises to protect, he further added. He also stated that the SEC is not applying any law and it’s not a faithful allegiance to the law. 

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Cryptocurrency Regulations: Australia

Australia was one of the countries that placed progressive outlook on Cryptocurrencies. Australia’s crypto regulatory framework came into existence in 2017, particularly specifying Bitcoin to be treated as property subjecting to capital tax gains. Previously, there was controversial double taxation under Australia’s goods and services tax (GST), which was quickly replaced by the progressive outlook. …

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QUAD: Right Platform for Global Crypto Regulations?

During the recently concluded QUAD (Quadrilateral Security Dialogue) summit in Tokyo, QUAD members – India, Japan, Australia and USA have resolved to invest $50 billion in the next 5 years on various infrastructure projects particularly in Indo-Pacific to bring out developmental benefits for the region. During the summit, members mapped out and vowed to resolve …

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Over 95% of crypto-associated frauds are off-chain

WazirX launches its 2nd edition of Transparency Report ● Over 95% of crypto-associated frauds are based outside of the Blockchain ecosystem ● Records 100% compliance on law enforcement requests; average TAT at 22 minutes ● 17,218 accounts were locked during the period, indicating a 19% increase from April – September, 2021 period 17 May, 2022, …

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Blockchain: Building Unified Supply Chain

The recent Suez Canal blockage by one large container ship, caused holding up an estimated $9.6 Billion worth of goods each day. This readily shows up how important the smooth functioning of the global supply chain is, and slight disruption in this mechanism can have global trade effects. Diagnosing the current supply chain will give us …

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Blockchain to Improve Public Distribution System in India

Subsidized rationing or Public Distribution System (PDS) forms the core of survival for many families. The manual ration distribution mechanism had some flaws which doesn’t guaranteed access of ration to beneficiaries, while ensuring lack of transparency & grievance redressal mechanism and leakages in supply chain of food grains in-turn maximizing loss to public exchequers. Digitization …

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