India

India

Finance

CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is 'Fully Cooperating'

Ashish Singhal also sought to clarify that the "engagement with the ED" is not about money laundering.

CoinSwitch Kuber COO and co-founder Vimal Sagar (left), co-founder and CTO Govind Soni and co-founder and CEO Ashish Singhal. (CoinSwitch Kuber)

Finance

Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3

Okto will be available in India within CoinDCX Pro and as a standalone Okto App globally.

From Left to Right: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

Finance

Crypto Exchange CoinSwitch Kuber Searched by Indian Authorities: Source

Five premises tied to CoinSwitch Kuber are reportedly being searched.

CoinSwitch Kuber COO and co-founder Vimal Sagar (left), co-founder and CTO Govind Soni and co-founder and CEO Ashish Singhal. (CoinSwitch Kuber)

Policy

RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report

The central bank has maintained banning cryptocurrency is the most suitable choice for India.

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

Markets

First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year

High German inflation and ongoing macroeconomic uncertainty raised market anxieties on Friday. Investors will be eyeing comments by Fed Chair Jerome Powell in a few days at a U.S. central bank symposium in Wyoming.

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

Policy

BitConnect Founder, Indicted in US Over Missing Bitcoin, Is Now Wanted in India, Too

Satish Kumbhani and six others were named by an unidentified lawyer in a complaint over missing bitcoin.

Temple in Pune, India (Anand Dhumal/Pixabay)

Policy

Indian Authorities Freeze Nearly $46M in Assets of Crypto Lender Vauld

The Peter Thiel-backed project had filed for bankruptcy in Singapore last month.

Indian authorities have frozen nearly $46M worth of assets of troubled crypto lender Vauld. (Danshutter/Shutterstock)

Policy

India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report

The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.

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

Finance

WazirX Co-Founder Nischal Shetty Speaks Out on Spat With Binance CEO

Shetty said his team has been in discussions with Binance for several months to work out the ownership issue.

WazirX CEO Nischal Shetty (WazirX)

Finance

Binance Says It Will Remove WazirX Off-Chain Transfers Hours After Indian Firm's Founder Says They Were Restarted

The move comes after an argument erupted between the two exchanges' founders over ownership and regulatory actions against WazirX.

Captura de pantalla de la plataforma Binance. (Dylan Calluy/Unsplash)