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CryptoCurrency

Binance Mulls Re-Entering India by Paying $2 Million Fine: Report

  • The exchange was forced to exit the country for non-compliance.
  • The Indian authorities blocked nine crypto exchanges, including Binance, in January.
Thursday, 18/04/2024 | 08:36 GMT by Arnab Shome
Payments

The Tug-of-War Over Rupees: Why India Wants to Break the PhonePe-Google Pay Duopoly

  • Can India foster an environment that encourages domestic innovation?
Wednesday, 17/04/2024 | 16:00 GMT by Pedro Ferreira
Payments

How UPI's Disruption Paves the Way for India's Digital Payment Dominance

  • Is the great wallet war upon us?
Friday, 12/04/2024 | 16:00 GMT by Pedro Ferreira
Payments

Revolut India Expands Offerings with RBI Approval for Payment Instruments

  • The firm will broaden its services with the approval for forex cards and remittances.
  • Revolut has established itself as a bank in Latin America with a new banking license in Mexico.
Friday, 12/04/2024 | 15:23 GMT by Tareq Sikder
Payments

India's Paytm Secures Approval for Consumer Digital Payments Platform

  • The banking partners will enable peer-to-peer transactions and UPI payments.
  • Before, the firm operated under a license linked to its affiliate, Paytm Payments Bank.
Friday, 15/03/2024 | 12:10 GMT by Tareq Sikder
Retail FX

MetaTrader Apps Removed from Indian Google Play Store

  • MetaQuotes' mobile platforms are blocked in India, affecting a large investor base.
  • Regulatory actions against unregulated FX trading in the country may have led to this ban.
Monday, 26/02/2024 | 12:40 GMT by Damian Chmiel
FinTech

Google Pay India Partners with NPCI International to Expand UPI Payments

  • This partnership aims to enhance cross-border transactions and the global digital payment landscape.
  • The MoU signed by the two entities is expected to accelerate UPI's global acceptance, opening up opportunities for merchants.
Friday, 19/01/2024 | 14:25 GMT by Jared Kirui
CryptoCurrency

India's Crypto Crackdown: Offshore Exchanges Expelled from App Stores

  • Apple has been directed to remove applications like Binance from its App Store within India.
  • India has implemented anti-money laundering regulations and introduced taxes on crypto transactions.
Wednesday, 10/01/2024 | 16:35 GMT by Jared Kirui
CryptoCurrency

Digital Horizons: The E-Rupee's Rise Amid Global Currency Debates

  • India's triumph and Florida's contemplation.
Friday, 05/01/2024 | 12:42 GMT by Pedro Ferreira
CryptoCurrency

India to Block Websites of Binance, Kraken, and 7 Other Crypto Exchanges

  • There are 31 registered crypto exchanges in the country.
  • Many offshore exchanges are operating in India without registration.
Friday, 29/12/2023 | 06:55 GMT by Arnab Shome
CryptoCurrency

$300 Million Crypto Scam: Indian Authorities Arrest 8 Cops

  • The scam targeted around 5,000 government officials and about 1,000 police personnel.
  • The Indian police made 18 arrests related to the fraud.
Tuesday, 07/11/2023 | 08:42 GMT by Arnab Shome
FinTech

Paytm Unleashes "Card Soundbox": Targets Merchants Accepting Visa and MasterCard

  • The device lets merchants accept card payments, including Visa and MasterCard.
  • Merchants can accept payments of up to USD $60 with the tap-and-pay offering.
Monday, 04/09/2023 | 17:41 GMT by Jared Kirui
CryptoCurrency

Indian Crypto Tax Rules Cited as One of Three Reasons for CoinDCX’s Job Cut of 12%

  • The other two are difficult macro conditions and low crypto asset prices.
  • The number of digital asset exchanges slashing employment is on the rise.
Wednesday, 23/08/2023 | 07:28 GMT by Damian Chmiel
FinTech

Chat & Pay: India Signals ‘Conversational Payments' in Policy Update

  • RBI believes the payment method can increase digital penetration in the country.
  • The apex monetary authority suggested introducing offline contactless payment.
Thursday, 10/08/2023 | 14:24 GMT by Solomon Oladipupo
Payments

Paytm Wallet: Can it Function as an All-in-One Financial Companion?

  • How Paytm's suite of services resonates with consumers.
Tuesday, 08/08/2023 | 19:15 GMT by FM Contributors
Payments

Paytm Postpaid: The Future of Buy Now, Pay Later

  • BNPL is quickly becoming essential in the world of e-commerce.
Thursday, 03/08/2023 | 23:50 GMT by FM Contributors
Payments

Paytm Payments Bank: Redefining Banking for the Digital Age

  • From digital payments to super app.
Thursday, 03/08/2023 | 13:54 GMT by FM Contributors
Payments

From Mobile Recharge to Lifestyle App: The Evolution of Paytm

  • Paytm: a super app in the making?
Monday, 31/07/2023 | 11:48 GMT by FM Contributors
CryptoCurrency

G20 ‘Welcomes’ Financial Stability Board’s Call for Tougher Crypto Rules

  • Earlier, the Bank for International Settlement urged G20 to dismiss crypto.
  • Stakeholders are taking varying approaches to digital asset regulation across the globe.
Wednesday, 19/07/2023 | 01:00 GMT by Solomon Oladipupo
CryptoCurrency

Gemini Expands APAC Operations with New Hires and Engineering Hub

  • The exchange is seeking to establish itself outside the United States.
  • Gemini also stated it is building its second-largest engineering hub in India.
Tuesday, 20/06/2023 | 19:00 GMT by Jared Kirui
Exchanges

Calls for Restoring UPI Access for Crypto Exchanges Reach Indian Authorities

  • Two proposals to reinstate UPI access for crypto exchanges have reached Indian authorities.
  • A third proposal is expected to follow.
Wednesday, 17/05/2023 | 15:33 GMT by FM Contributors
Executives

JP Morgan Reshuffles Senior Roles, Appoints APAC Head of Payment

  • Madhav Kalyan is the new Head of Payment for APAC.
  • PD Singh has been appointed as the interim CEO of JP Morgan Chase Bank in India.
Monday, 17/10/2022 | 13:37 GMT by Solomon Oladipupo
Regulation

Oracle to Pay $23M to Settle Bribery Charges against Asian Subsidiaries

  • The US SEC fingered Oracle's subsidiaries in Turkey, UAE and India in its investigation.
  • The regulator penalized Oracle $2 million in 2012 for the same offence.
Tuesday, 27/09/2022 | 18:24 GMT by Solomon Oladipupo
Regulation

Leading FX Brokers Flagged by Indian Central Bank

  • The regulator named 34 unauthorized entities on the list.
  • Deposits made to those platforms violate local forex law.
Thursday, 08/09/2022 | 09:45 GMT by Arnab Shome
News

Indian Agency Raids Crypto Exchange CoinSwitch Kuber for FX Law Violations

  • The exchange is suspected to have violated local FEM.
  • The agency also froze assets of other crypto platforms earlier.
Friday, 26/08/2022 | 10:07 GMT by Arnab Shome
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