India
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
The firm laid off 44 employees from the team, which still has 82 members.
Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs
India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.
Indian Crypto Exchange CoinDCX Is Slashing 12% of Jobs Amid Bear Market, Crypto Taxes
One of India's most prominent cryptocurrency exchanges, CoinDCX, is cutting about 12% of its staff as the prolonged bear market and India's tax policies hit revenue. CoinDesk regulatory reporter Amitoj Singh breaks down how crypto services are impacted by the stiff taxes India has imposed on the industry.
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
The number of employees losing their jobs is 71 out of some 590.
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.
India Wants to Use Crypto Tokens to Digitally Sign Documents
The browser envisions the ability to digitally sign documents using a crypto token, bolstering secure transactions and digital interactions and support Web3.
G20 President India Publishes Its Input for Framing Global Crypto Rules
India's presidency note on crypto is an effort to have its suggestions included in the framing of global crypto rules.
G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India
On Monday, international standard-setter FSB called for tougher rules on safeguarding crypto clients’ assets.
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.
Nischal Shetty’s Blockchain Startup Shardeum Raises $5.4M in Latest Funding Round
Shardeum recently raised $5.4 million in strategic funding. The layer 1 blockchain was co-created by Nischal Shetty, who is also the co-founder of WazirX, India's largest crypto exchange by trading volume. Shardeum Chief Growth Officer Kelsey McGuire discusses the raise, how Shardeum stands out from the competition, and the state of U.S. crypto regulation.
