India

India

Policy

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.

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

Policy

India's Central Bank to Start Wholesale CBDC Pilot Nov. 1

A pilot for a retail version will start within a month.

Reserve Bank of India (Shutterstock)

Policy

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.

Amit Shah speaking at a regional meeting on drug trafficking and national security in Gujarat, India. (Twitter.com/AmitShah)

Finance

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.

(Mark Dadswell/Getty Images)

Videos

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."

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Policy

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.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Policy

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.

India's Enforcement Directorate has frozen bank accounts related to WazirX. (Renzo D'Souza/Unsplash)

Finance

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources

The eliminated workers were told they would be paid for 45 days.

WazirX CEO Nischal Shetty (WazirX)

Policy

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 .

Indian regulators freeze bitcoin in gaming app 'scam' case (Unsplash)

Finance

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.

WazirX CEO Nischal Shetty (WazirX)