AIOTL

Excited to share that AIONTHEFLY Technologies won a 2021 Go Global Award for a Frontrunner Award
Information Technology
On this, the 14th October 2021, by the judges of
the 2021 Global Awards.

Sudin Baraokar- Founder of Bankchainasset.com and AI ON THE FLY, comments on Vitalik Buterin's $1 billion crypto donation & hurdles in India.

One option is to have the donation or aid be converted into an equipment purchase directly from the donor to avoid any non issues.

“This has to align with the local Indian and regulatory requirements as any inward remittance comes under Foreign Exchange Control Act—unless it’s a rupee inward remittance from Nepal Or Bahrain. [Only if] the remittance comes [as] a or transaction can the transaction be held as legitimate," points out Sudin Baraokar, IT and Advisor.

https://lnkd.in/e_PCVFT

Vitalik Buterin's $1 billion 'Shiba Inu' crypto donation faces legal hurdles in India India may need to relax remittance limits for the funds to be utilised