Binance and its Indian subsidiary WazirX intend to provide $50m in funding for blockchain technology developers following regulatory changes in the South Asian country.

Cryptocurrency exchange operator Binance has joined forces with its India-based subsidiary WazirX to launch a $50m fund that will invest in blockchain technology developers located in India, Coindesk reported yesterday. The Blockchain for India fund follows a decision by the country‚Äôs supreme court to allow financial services firms to take on blockchain companies as clients.…

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