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Ukraine moves to legalize crypto - Ukraine plans to legalize cryptocurrencies by early 2025, regulating transactions and introducing securities-style taxation. The bill, finalizing with IMF collaboration, will avoid tax exemptions to prevent evasion.

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case

What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions

India has the highest number of commercial bank branches in the world.

India's UPI Enters Maldives India and Maldives have signed a pact to launch UPI in the Maldives, boosting the tourism sector.

Who will be the crypto regulator for india ? 😅

Russia’s Central Bank rejects crypto investments - The Governor of the Central Bank, Elvira Nabiullina, has confirmed that there are no plans to invest in cryptocurrencies and reiterated the bank’s stance against using them for domestic payments.

📢 UPI apps should include second-party approval for higher-value transactions. Imagine an elderly person adding their son as an approver. The son approves, and the user completes the transaction with their PIN

India has the second highest English speaking population in the world. Yet the West dares to call us third world!