UTB Bot, short for United TeleBot, is a fully-automated currency app that allows Telegram users to buy, sell, and store cryptocurrencies. The application functions similarly to most crypto wallets, enabling cost-free deposits, withdrawals, and conversions. In addition, however, it comes with a user incentive in the form of a daily return, regardless of external conditions. Telegram has become one of the most popular messaging apps in recent years, reaching over 700 million users. Notably, the Telegram community increased by 200…
The Reserve Bank of India
Indian Government Restricts All Cryptos And Explores Digital Currencies
In the 2021 budget, the government seeks to ban all private cryptocurrencies during the parliament budget session. According to a bulletin of the lower house of parliament, they will also put the structure for the digital currency issued by the Reserve Bank of India, allowing specific exceptions to promote blockchain, the underlying cryptocurrency technology it uses. The central bank is looking into the need for a digital version of the fiat currency and implementing it. The new bill has been…
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