India

India

Policy

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.

The Internet and Mobile Association of India has disbanded its body representing India's crypto industry. (Laurentiu Morariu/Unsplash)

Policy

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.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Policy

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.

(Shutterstock)

Policy

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.

Women’s Indian Premier League auction. (BCCI)

Videos

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.

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Policy

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.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Videos

WazirX Refutes Binance Allegations, Plans To Seek Recourse

Indian cryptocurrency exchange WazirX has said, "allegations made by Binance in their blog are false and unsubstantiated," and is taking the necessary steps to seek recourse and protect its legal rights, according to its blog post published on Tuesday. "The Hash" panel discusses the latest developments in an ongoing public spat between Binance and WazirX.

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Videos

Binance-WazirX Dispute Intensifies as the Indian Crypto Exchange Is Told to Move Funds Out of Binance

Binance has invited Zanmai Labs, the entity operating the Indian crypto exchange WazirX, to work out arrangements to withdraw any remaining assets held in Binance wallets, according to a blog post on Friday. "The Hash" panel discusses the latest in the ongoing Binance-WazirX dispute.

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