India

India

Markets

India's central bank proposes a plan to create digital-currency link among BRICS nations

The Reserve Bank of India is urging the government to put a plan to link BRICS nations' central bank digital currencies on the agenda for the 2026 summit it will host.

Indian flag (Naveed Ahmed/Unsplash)

Markets

India tightens crypto rules to fight money laundering and terror funding

India's financial intelligence agency has announced stricter identity verification measures for cryptocurrency exchanges to prevent money laundering and terror financing.

Indian flag (Naveed Ahmed/Unsplash)

Markets

Coinbase Reopens India Signups, Targets Fiat On-Ramp in 2026 After Two-Year Freeze

Coinbase halted services entirely in 2023, off-boarded millions of Indian users and shuttered local access while reassessing regulatory exposure.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Markets

India's Debt-Backed ARC Token Eyes Tentative Q1 2026 Debut, Sources Say

The ARC will operate within a two-tier framework, complementing the RBI's Central Bank Digital Currency.

Indian flag (Naveed Ahmed/Unsplash)

Markets

Indian Judge Halts WazirX’s XRP Reallocation Plan Linked to 2024 Hack

The Madras High Court granted interim protection to a WazirX user, blocking the exchange from redistributing her XRP as part of its Singapore-led restructuring.

Indian flag (Naveed Ahmed/Unsplash)

Markets

Coinbase to Increase Investment in One of India’s Largest Crypto Exchanges

The planned deal sets a $2.45 billion post-money valuation and follows CoinDCX’s April 2022 raise of $135 million at a $2.15 billion valuation.

Coinbase logo shown on a laptop screen

Markets

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.

Indian flag (Naveed Ahmed/Unsplash)

Markets

Bybit Resumes Full Crypto Trading in India After Paying $1M Fine, Securing Compliance

The exchange had suspended most services in January 2025 due to operating without proper registration under anti-money laundering rules.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Finance

Bitcoin and Stablecoins Dominate as India, U.S. Top 2025 Crypto Adoption Index

USDT and USDC continue to lead global stablecoin flows, but EURC and PYUSD are rising fast as institutional rails expand

Indian flag (Naveed Ahmed/Unsplash)

Policy

CoinDCX Engineer Arrested Following July's $43.4M Exploit: Report

A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.

(Shutterstock)