India
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.
Bitcoin ETFS, Azuki NFTs Take Off; India Presses for Crypto Rules
Host Angie Lau breaks down the recent wave of spot bitcoin ETF applications from TradFi giants and the drop in the floor prices of Chiru Labs' popular Azuki NFT collection. Plus, the state of crypto regulation in India. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape"
