India
Bank Collapses Underscore G-20 Hesitance on Crypto: Source
As the current president of the G-20, India has the power to ask international bodies tasked with framing the global crypto rules to factor in recent bank collapses.
IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks
"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.
India's Crypto Regulation Now Has Teeth, Experts Say
Bringing crypto companies into the purview of anti-money laundering rules imposes obligations and exposes them to fines for breaches.
India's Crypto Businesses Handed Anti-Money Laundering Obligations for First Time
They will have to register with the Financial Intelligence Unit and voluntarily report suspicious activities.
Indian Crypto Exchange BitBNS Says Law Enforcement Advised Against Making Hack Public
A $7.5 million hack of the exchange in February 2022 was uncovered earlier this week by ZachXBT, a pseudonymous crypto sleuth.
Global Crypto Rules to Be Based on Coming FSB and IMF Synthesis Paper, India Says After G-20 Meetings
The paper is expected to be ready by September.
Indian Cricket Board Tells Women's Premier League Teams to Shun Crypto Links
The BCCI told the teams that a breach could lead to punitive measures.
Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement
Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
India launched two CBDC pilots last year, a wholesale CBDC and a retail CBDC.
