India
Crypto Speculation Has Had Its 'Comeuppance': Raghuram Rajan
But that shouldn’t disqualify blockchain technology. Regulators should steer clear of extreme measures, the former governor of India’s central bank told CoinDesk in Davos.
WazirX's Proof-of-Reserves Report Shows 90% of User Assets Are in Binance Wallets
Indian crypto exchange WazirX released its proof of reserves report that disclosed 90% of its user assets are held in Binance wallets. "The Hash" panel discusses the Twitter drama between WazirX and Binance CEO Changpeng "CZ" Zhao.
90% of WazirX's User Assets Are in Binance Wallets, According to Proof-of-Reserves Report
"We are not only India's largest crypto exchange by volume but also India’s largest crypto cxchange by reserves," a WazirX blog post said.
India’s Crypto Outlook
WazirX executive warns last year’s troubles may spillover into 2023. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules
A study from the Esya Centre provides the first monetary estimate of what effect the country's crypto taxes has had on domestic trading platforms.
FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months.
Next Financial Crisis Could Stem From Crypto, Indian Central Bank Governor Warns
India's central bank Governor Shaktikanta Das has predicted that the next financial crisis will come from "private cryptocurrencies" if they are allowed to be regulated instead of being banned outright. "The Hash" panel discusses the latest in India's state of crypto and its potential global impact.
Next Financial Crisis Will Be From Crypto if It's Not Banned: Indian Central Bank Governor
India currently holds the presidency of the G-20, giving the nation powers to determine the agenda around discussions regarding global crypto rule-making.
Indian Crypto Traffic Trending Down as Tax Regime Tightens, Data Shows
Indians have lost interest in trading on local crypto exchanges since the government began imposing taxes on profits and transactions, data from AppTweak and SimilarWeb shows. "The Hash" panel discusses the latest in India's state of crypto.
Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened
The government's two taxes have cut usage of Indian crypto platforms, although interest in Binance has remained steady because that exchange is out of the country's jurisdiction.
