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India

Man is not bothered by the rules of crypto in India.
Regulations
India’s Exchange URL Ban Meets Cool Response from Community

India’s latest crackdown on overseas exchanges elicits a positive response from the crypto community.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A hand with dollars reaching out from a galaxy.
Press Releases
India Blockchain Week (IBW) Conference Concludes Its Enormously Successful Inaugural Edition

The conference will return for IBW’24 to discuss and explore new trends, innovative solutions and the future of crypto.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Huge hand piling up coins, directed by a small man in a suit.
Regulations
India Taps Crypto Custodian Liminal to Manage Seized Assets

Liminal Custody Solutions is the official manager of seized crypto assets in India.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Cameron and Tyler Winklevoss both in a dungeon with a jars of money.
Exchanges
Gemini Founders’ $282M Withdrawal Questions Credibility

Co-founders secretly withdrew personal funds before Genesis Global's bankruptcy.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A crowd of people with their fists in the air shooting light beams towards the sky.
Regulations
Grassroots Crypto Adoption Takes Lead in Central & South Asia

Chainalysis data shows a large contingent of countries from Central and Southern Asia and Oceania dominating the adoption rankings.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Boss is asking a man to leave, the other man is not happy about that.
Exchanges
Crypto Winter Claims Latest Victim as Indian Exchange CoinSwitch Slashes Headcount

CoinSwitch cuts 8% of its workforce following a business evaluation indicating excess customer service staff.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A distressed man standing in water and covering his face with hands
CBDCs
“The Next Financial Crisis Will Come from Private Cryptocurrencies” says Reserve Bank India’s Governor

Governor of the Reserve Bank of India claims that private cryptocurrencies will be to blame for the next financial crisis.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Joe Biden is giving a speech behind crypto coins on a blue background with flags
Regulations
Cryptocurrencies Could Get Attention At The G20 Summit Amid Rising Crime And Market Crisis

Last G20 summit under the Indonesian presidency begins today, which could see India leading the charge for strict crypto regulations.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
India Crypto KuCoin Survey
CBDCs
Reserve Bank of India Unveils the Pilot of its Digital Rupee

RBI hopes to settle secondary market transactions in government securities with the digital rupee pilot use case.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Nirmala Sitharaman india paving way crypto adoption walking
Regulations
India Seeks to Devise Global Standards for Cryptocurrencies

The Finance minister stated that India would prioritize crypto regulation during the upcoming G-20 meeting.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Polygon (MATIC)
Polygon to Power India’s First Blockchain-Based Police Complaint Portal

Blockchain adoption has come in a unique form as the PD in India launched a complaint portal powered by Polygon.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Shiba Inu (SHIB) Becomes Top Traded Crypto In India - Here’s Why
Shiba Inu (SHIB)
Shiba Inu (SHIB) Becomes Top Traded Crypto in India – Here’s Why

As seen in India, the cheap market price of SHIB provides an accessible alternative for traders of any level.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
WazirX Stablecoins BUSD
Binance News
Premier Indian Exchange WazirX Delists Stablecoins To Boost Binance’s BUSD

WazirX, India’s largest cryptocurrency exchange by trade volume, is following in the footsteps of Binance and has delisted three stablecoins.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Indian Government Plans Indirect Tax On Crypto To Control Revenue Loss
CBDCs
Indian Government Plans Indirect Tax On Crypto To Control Revenue Loss

India’s Finance Ministry will define the characteristics of cryptos, their usage and their legal framework.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Binance Tightens Grip On India Market, As App Downloads Surpass Past Records In 2022
Regulations
Binance Tightens Grip on Indian Market as App Downloads Surpass Past Records

Daily volumes at key India-based platforms are down over 90%.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
india wazirx
Binance News
India Unfreezes WazirX Accounts, Exchange Continues to Cooperate

WazirX is now in a position to continue its banking operations as usual.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Tiger walking inside of a blockchain next to a CBDC with "Reserve Bank of India" written on it.
CBDCs
India’s Finance Minister Meets IMF Chief To Discuss Globally Coordinated Approach To Crypto

The Reserve Bank Of India is looking to launch digital currency this year around November, as it is pilot testing
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Indian-Police-Arrests-Crypto-Scammer-For-A-31m-Fraud
Regulations
Indian Police Arrest Crypto Scammer For $31M Fraud

The accused, Ritesh Panchal alias Ritesh Sikalgir, duped 1,441 investors.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
India Crypto KuCoin Survey
Exchanges
Over 115 Million Indians Have Invested in Cryptocurrencies, Says KuCoin Survey

KuCoin estimated that 115 million Indian citizens are invested in cryptocurrencies.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
India Launches Blockchain Forum With A Vision To Become Global Hub For Blockchain
Regulations
India Launches Blockchain Forum with Vision to Become Global Blockchain Hub

India also plans to launch a Web 3.0 regulatory sandbox soon to allow startups to build solutions around tokenization.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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