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News

India to Implement Complete Cryptocurrency Ban, Reports Says

  • The government is planning to give crypto investors a transition period to exit their holdings.
Friday, 12/02/2021 | 07:37 GMT by Bilal Jafar
News

India May 'Fast-Track' Its Proposed Restrictive Crypto Bill: Report

  • The bill may go the 'ordinance route', which could allow it to be passed into law quickly.
Monday, 08/02/2021 | 07:29 GMT by Rachel McIntosh
News

Will India Really Ban Crypto? Experts Say It's Unlikely

  • Another proposed law threatens the stability of India's growing cryptocurrency industry. What's next?
Monday, 01/02/2021 | 07:42 GMT by Rachel McIntosh
News

India Explores Possibility of a CBDC Launch

  • The monetary regulator remained hostile against the digital currency.
Tuesday, 26/01/2021 | 09:26 GMT by Arnab Shome
News

Indian Police Seize $1.2 Million Bitcoin from Arrested Crypto Hacker

  • The police arrested the hacker for breaking into a government website but discovered his Bitcoin hacks during an investigation.
Friday, 15/01/2021 | 08:10 GMT by Bilal Jafar
Brokers

IQ Option Faces Lawsuit in India over Crypto Fraud Allegations

  • The lawsuit demands a permanent ban of the brokerage from operating in India.
Wednesday, 13/01/2021 | 12:08 GMT by Arnab Shome
Regulation

Proposed Indian Crypto Tax Could Kill the Local Industry

  • The government is expecting to gain $1 billion in taxes from Bitcoin trades.
Friday, 01/01/2021 | 12:32 GMT by Arnab Shome
News

World’s First Physical Cryptocurrency Bank Opens in India

  • Cashaa partnered with United Multistate Credit Cooperative Society to open a physical cryptocurrency banking branch in Jaipur.
Wednesday, 30/12/2020 | 13:09 GMT by Bilal Jafar
News

India to Impose 18% Tax on Bitcoin Trading

  • The Government is planning to categorize Bitcoin as an intangible asset to collect $1 billion in BTC trading tax.
Tuesday, 29/12/2020 | 06:58 GMT by Bilal Jafar
Exchanges

Indian Cryptocurrency Exchange CoinDCX Receives $13.9 Million Funding

  • CoinDCX raised 100 Crore INR worth nearly $14 million from investors including Coinbase Ventures and Block.one.
Tuesday, 22/12/2020 | 07:24 GMT by Bilal Jafar
Exchanges

CoinDCX Launches Ethereum Staking before Ethereum 2.0 Launch

  • The Indian crypto exchange will enable small investors to participate in staking with as low as 0.1 ETH.
Wednesday, 11/11/2020 | 07:12 GMT by Bilal Jafar
Executive Moves

UBS India Elevates Uday Odedra to APAC Tech Chief and Country Head

  • Uday Odedra brings more than twenty-three years of experience of working with UBS.
Monday, 09/11/2020 | 10:23 GMT by Tom Hazan
News

'Morris Coin' Ponzi Scheme Busted: 36-Year-Old Man Arrested in India

  • Police were tipped off by someone who was not directly involved in the Ponzi scheme.
Monday, 05/10/2020 | 07:00 GMT by Rachel McIntosh
News

Indian Crypto Exchange Dupes Dozens of over $272,000

  • The local police have now started an investigation into the cryptocurrency exchange and its operators.
Tuesday, 22/09/2020 | 12:55 GMT by Arnab Shome
Institutional FX

Standard Chartered Faces $13.6M Fine for Indian Bank Takeover

  • The British bank did not comply with the local regulatory rules for transactions in the 13-year-old deal.
Tuesday, 08/09/2020 | 07:47 GMT by Arnab Shome
News

Binance's 'Build for Bharat' Accelerator Program to Boost DeFi in India

  • The program is seeking startups working on "Micro Financing Products, Blockchain Datasets, Blockchain-AI Solutions & more.'
Monday, 24/08/2020 | 08:42 GMT by Rachel McIntosh
Execution

Equinix Announces Expansion to India with GPX India Acquisition

  • The company has acquired GPX India in a deal worth $161 million.
Tuesday, 11/08/2020 | 08:20 GMT by Celeste Skinner
Regulation

Multiple Indian Ministries Discussing on a Law to Ban Crypto

  • The crypto trading volume in the country skyrocketed following the Supreme Court ruling in favor of the exchanges.
Wednesday, 05/08/2020 | 09:56 GMT by Arnab Shome
News

Exclusive: OKEx to Launch P2P Crypto Exchange in India

  • The new platform allows users to buy cryptocurrencies with Indian rupees (INR) without paying any transaction fees.
Tuesday, 04/08/2020 | 16:00 GMT by Rachel McIntosh
Payments

Fintech Rapyd Launches Local Payment Services in India

  • The fintech firm recently launched a similar solution in Mexico.
Thursday, 16/07/2020 | 03:54 GMT by Celeste Skinner
News

Ripple Suggests Regulatory Framework for India--And How XRP Could Fit In

  • Ripple suggested that its on-demand liquidity system (which uses XRP) could be adopted by Indian financial institutions.
Friday, 19/06/2020 | 06:46 GMT by Rachel McIntosh
Exchanges

Binance Joins India’s Crypto-Asset Exchange Committee IAMAI

  • By joining the association, Binance will lend its efforts to develop the crypto space in India.
Thursday, 18/06/2020 | 03:02 GMT by Celeste Skinner
CryptoCurrency

US Crypto Exchange PayBito Launches in India

  • Indian crypto sector grows after ban lift amid Covid-19 pandemic.
Wednesday, 17/06/2020 | 11:26 GMT by Finance Magnates Staff
News

Is India’s Crypto Industry on the Brink of a Ban or a Boom?

  • This week, rumours of another possible blanket ban on crypto in India emerged. What next?
Wednesday, 17/06/2020 | 11:06 GMT by Rachel McIntosh
News

Indian Government Plans to Bring a Law Banning Crypto

  • The central bank’s attempt to curb the industry failed with court intervention.
Friday, 12/06/2020 | 09:18 GMT by Arnab Shome
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