🚨 JUST IN: 🇮🇳 Kolkata Police arrest two individuals in a | CoinDesi on Binance Square

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🚨 JUST IN: 🇮🇳 Kolkata Police arrest two individuals in a ₹25 crore crypto fraud case, according to TOI#Crypto  #India  #Scam  #Kolkata  #Blockchain  

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🚨Kolkata #Crypto #Fraud Turns Violent 🇮🇳 A businessman was kidnapped and robbed of ₹8.9 lakh in a fake crypto deal near Kolkata, according to TOI 👇 1️⃣ The victim was lured by a group posing as crypto intermediaries for a lucrative deal When he met them in person, they abducted him and forced a money transfer worth ₹8.9 lakh. 2️⃣ Police have arrested two suspects so far and launched a manhunt for others involved. The incident highlights how offline crypto scams are now turning into full-blown criminal cases. ⚠️ 3️⃣ This comes as India’s crypto adoption surges in tier-2 and tier-3 cities. But with rising participation, fraud and security risks are also climbing, from fake exchanges to physical extortion. 💀 4️⃣ Stay safe: - Never meet strangers for crypto cash deals. - Use only regulated exchanges (#CoinDCX , #WazirX , #Binance ) - Always verify identities & transaction sources. 5️⃣ India’s crypto scene is booming, but so are scams. Is it time for tougher laws and investor protections? ⚖️ What do you think, should India make crypto frauds non-bailable offences to curb such crimes? Drop your thoughts ⤵️

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: 🚨 BREAKING: @0xPolygon and Anq are teaming up to build India’s first sovereign-backed stablecoin, fully backed by Government securities (G-Secs) and Treasury Bills Is this the future of the Digital Rupee 2.0? ⤵️

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💸 Can a #Stablecoin Fix India’s Costly Money Transfers? With remittance fees eating into billions, a sovereign-backed stablecoin could make transfers faster, cheaper & fully transparent. 🚀💰 Game-changer for India’s digital economy, or just hype? What

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🚨BREAKING:@Polygon and Anq are teaming up to build India’s first sovereign-backed stablecoin, fully backed by government securities The initiative, named Asset Reserve Certificate (ARC), introduces a stablecoin-style model fully backed by Government of India securities (G-Secs) and Treasury Bills ARC is 1:1 backed by sovereign debt, rupee-pegged & fully regulated Each token links to G-Sec purchases, ensuring trust, transparency & real backing Objectives & Benefits Boost RBI’s monetary system, not compete with it Create demand for govt securities & raise local funds Keep liquidity onshore, away from USD stablecoins Cut remittance costs, speed settlements & build trust via sovereign backing “Twin-Rupee” Model CBDC (Digital Rupee): RBI-controlled settlement backbone ARC Tokens: Programmable, low-cost layer by regulated private players Enables private innovation while #RBI keeps full monetary control Participants’ Roles Polygon: Provides global blockchain infrastructure & credibility, partnered with BlackRock, JPMorgan, Franklin Templeton on tokenization Anq: Brings regulatory & financial expertise, focusing on MSME tokenization and financial inclusion in India Broader Vision Not just “another crypto,” but a sovereign-backed digital asset to modernize finance It aims to deepen bond markets, simplify remittances, & tie digital value to real assets A bold step to make India a global leader in regulated, tokenized money

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🚨Is Tier-2 India the next crypto powerhouse?🇮🇳 CoinDCX CEO says adoption in smaller cities is skyrocketing! With CoinDCX’s new Indore office, is the next crypto boom rising beyond metros? ⤵️

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