Tag: India

Indian Railways is set to revolutionize ticketing for the MahaKumbh Mela by issuing NFT-based train tickets.

India dynamic startup ecosystem, backed by significant global investment, is cementing its position as a leader in the Web3 revolution.

This consultation paper, planned to be published between September and October 2024, is developed by an elite panel inside the DEA of India.

India’s technology policy think tank, Esya Centre, reveals that Indian investors want the government to rethink its high taxation on crypto.

With no central authority formally supervising their use as a payment method, crypto operates in a regulatory gray area India.

Binance is classified as a reporting entity under Section 2(sa)(vi) of the PMLA, as it operates as a Virtual Digital Asset Service Provider.

Before the ban, Binance held a dominant position in the Indian crypto market, controlling nearly 90% of the country's crypto holdings.

Apple's App Store has banned new downloads of Binance, KuCoin, Bitget and other exchanges in line with regulatory crackdown

NPCI is already receiving offers from countries in Asia, Africa, and the Middle East to upgrade its payment infrastructure.

Neither a single nation nor a group of nations should control crypto laws, regulations, or framework, said the Prime Minister of India.

Nirmala Sitharaman, the Finance Minister of India has hinted at an immediate need for concern for issues related to cryptocurrency

A new report has shown that Indian crypto users makes up at least 53% of the total global number of users even beyond the US

India imposed a 30% capital gains tax and a 1% transaction tax on practically all transactions involving digital assets.

These financial transactions are possible drug deals which were conducted through three Indian crypto management organizations.

On Tuesday, a leading crypto exchange platform in India CoinDCX faced its Twitter account getting exploited for hours. On the compromised Twitter account, which has over 230,000 followers, hackers posted a fake XRP giveaway plan with a phishing link. In his official capacity, the hackers were retweeting the CEO of Ripple Labs, Brad Garlinghouse, and […]

After over a month of troubles by India’s Enforcement Directorate, the crypto exchange platform in the country WazirX has reported bank accounts unfreezing.  According to a Monday’s announcement by the exchange, the financial crime-fighting agency in India has allowed WazirX to resume its banking operations. One of the biggest cryptocurrency exchanges in India by trading […]

As of June 2022, there were around 115 million cryptocurrency investors in India, according to a survey published last week by KuCoin on the country’s blockchain and cryptocurrency sector. According to the report, these individuals either traded or held crypto assets in the last six months. Survey finds massive potential in the Indian market The […]

India will become the world’s center for blockchain and web3 technology, according to the recently established Indian blockchain advocacy platform. The India Blockchain Forum (IBF) was recently announced by a group of prominent Indian blockchain influencers with experience in trading, NFT, Metaverse, cybercrime, etc. According to media reports, Jayesh Ranjan, the state’s principal secretary for industry, […]