India

India Looks to Coordinate Global Crypto Rulemaking as It Assumes G-20 Presidency
India took over the G-20 presidency at the start of the month and now has a year to coordinate international guidelines around crypto.

India to Test Digital Rupee in 4 Cities With 4 Banks
The test, which will start on Thursday, will be extended to include another nine cities and four more lenders in a later phase.

India's Enforcement Directorate Freezes $2.5M More Crypto in Gaming App E-Nuggets Case
The total value of frozen or seized assets in the case is about $8.4 million.

Indian Crypto Exchange Giottus Says It Will Provide Proof of Reserves, While Rivals Remain Silent
While lesser known than many, Giottus is among the top 10 cryptocurrency exchanges in India.

India's Crypto, Web3 Industry Forms New Advocacy Body
A previous organization representing the industry was disbanded earlier this year.

Dogecoin and Meme Tokens Are in Season in India
Dogecoin has been on the rise since Elon Musk's official takeover of Twitter. "DOGE is still probably the top traded crypto in India right now," says WazirX co-founder Nischal Shetty. He discusses the growing trend of meme tokens in India.

India Considers Taxing Crypto Income From Businesses Headquartered Elsewhere
The government has invited comments on the draft from stakeholders and the general public.

Indian Finance Minister Says Crypto Regulation Should Be an International Priority
The country will host next year's G-20 summit and thus help shape the agenda.

Crypto Regulation Will Be a Priority for G-20 Under India Presidency, Official Says
India is set to take over the presidency of the intergovernmental group for one year starting in December.

India's Central Bank to Start Wholesale CBDC Pilot Nov. 1
A pilot for a retail version will start within a month.

