Tag: India
India’s NPCI Seeks to Hire Blockchain Expert: Details
NPCI is already receiving offers from countries in Asia, Africa, and the Middle East to upgrade its payment infrastructure.
India Calls for Global Crypto Framework at G20 Summit
Neither a single nation nor a group of nations should control crypto laws, regulations, or framework, said the Prime Minister of India.
India Finance Minister Calls For Immediate Efforts Towards Crypto Regulation
Nirmala Sitharaman, the Finance Minister of India has hinted at an immediate need for concern for issues related to cryptocurrency
Indian Crypto Users Account for 53% of Global Total in 2023:...
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
Heavy crypto tax in India can affect the local crypto industry:...
India imposed a 30% capital gains tax and a 1% transaction tax on practically all transactions involving digital assets.
Indian investigators are probing 3 crypto exchanges for $3.5B illegal drug...
These financial transactions are possible drug deals which were conducted through three Indian crypto management organizations.
Hackers gain access to the CoinDCX Twitter account to post phishing...
On Tuesday, a leading crypto exchange platform in India CoinDCX faced its Twitter account getting exploited for hours. On the compromised Twitter account, which...
WazirX resumes banking operations following account unfreeze by ED
After over a month of troubles by India’s Enforcement Directorate, the crypto exchange platform in the country WazirX has reported bank accounts unfreezing.Â
According to...
KuCoin survey finds over 115M crypto users in India
As of June 2022, there were around 115 million cryptocurrency investors in India, according to a survey published last week by KuCoin on the...
India to become a Web3 Global Hub with the launch of...
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...
India’s Enforcement Directorate investigates 10 crypto exchanges for alleged money laundering
The tough stance and unclear regulations in the Indian crypto market has always been a concern to the investors in the region. However, the...
Binance and WazirX vow to cooperate with the Directorate of Enforcement
After a public standoff between Binance CEO Changpeng Zhao and WazirX CEO Nischal Shetty on Saturday, the two squads have agreed to cooperate with the Directorate...
India’s crypto lobby group shuts shop after 5 years
India’s tough stance on cryptocurrencies might be affecting the nation’s ability to become a tech and blockchain hub after all. According to a report...
Fake crypto exchange scams have reportedly stolen $128M from Indian investors
According to a news article, Indian investors may have lost INR 1,000 crore ($128 million) to scam crypto exchange platforms due to their ignorance of...
RBI chief said that the central bank is in constant talks...
The Reserve Bank of India's Governor Shaktikanta Das recently said that the central bank is in constant talks with the government on the crypto...
Luna 2.0 brings new taxation challenges for crypto investors in India
The devastating UST/LUNA model has already been a source of suffering for crypto investors. In addition, the crash and the launch of Luna 2.0...
India to tax each crypto investment in a distinct manner
India is all set to tax each crypto investment separately, as noted in a new parliamentary note which sought to answer all the questions related to...
Indian central bank again proposes crypto ban, a tug-of-war between government...
India’s central bank, the Reserve Bank of India or RBI has published an important bulletin related to the crypto industry. The report praised the innovative distributed...