India

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.

India Seeing Spike in Drug Smuggling Using Crypto, Home Minister Says
Amit Shah made the remarks as authorities are reportedly looking at three Indian crypto exchanges for allegedly facilitating transactions of illegal drugs.

Indian Cricket Legend Sachin Tendulkar Enters World of NFTs With Rario Investment
Sachin Tendulkar's NFTs will be available on Rario.com and he will be a strategic investor with the platform.

Solving Tax Confusion in India
Host Joel Flynn discusses whether India’s crypto tax is a headache or an opportunity. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Police Complaints in This Indian District Are Going on the Polygon Blockchain
"This is very close to my heart," tweeted Polygon's co-founder Sandeep Nailwal, citing corruption in local police departments that can lead to the manipulation of public complaints.

India's Central Bank Crystalizes CBDC Vision in Concept Note
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," said the RBI.

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources
The eliminated workers were told they would be paid for 45 days.

India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case
The agency has been conducting several search operations related to an "illegal loan apps" scam with China links .

Crypto Exchange WazirX to Delist USDC in Boost for Binance's Stablecoin
WazirX will automatically convert customer holdings into BUSD in an effort to boost the value of Binance's stablecoin.

