India

India

Finance

Panic Grips WazirX Users After Binance's CEO Advises Users to Move Funds

"If you have funds on WazirX, you should transfer it to Binance," Changpeng Zhao tweeted.

CoinDesk placeholder image

Videos

Indian Government Probes Crypto Exchange WazirX Over Alleged Money Laundering, Freezes $8.14M

India’s Enforcement Directorate (ED) has raided properties related to Sameer Mhatre, a director of Mumbai-based trading platform WazirX. The government has frozen $8.14 million in funds, over alleged money laundering. “The Hash” panel discusses the investigation and its regulatory implications for India and beyond.

CoinDesk placeholder image

Finance

Indian Government Raids Director of Crypto Exchange WazirX, Freezes $8.1M

Regulators are probing the trading platform over alleged money laundering on instant loan apps.

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

Finance

Tribal Groups in Remote Indian Area Get Blockchain Caste Certificates

The new program hopes to stem corruption of those who wrongly identify as members of India’s indigenous peoples or lower-caste sections.

Team of Indian Administrative Services officer Shubham Gupta (Shubham Gupta)

Videos

Celsius Plans Repayment Options; Bitcoin Breaks $22,000

Celsius claims Bitcoin mining plan could help pay customers back. ether (ETH) price breaks $1,600, Ethereum classic (ETC) surges 22%. India says a ban on crypto would require international collaboration. Binance fined by Dutch central bank for improper registration. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

Indian Exchanges Hold Meeting to Discuss Way Forward After Crypto Advocacy Body Is Dissolved: Sources

The meeting is currently underway and at least 10 major exchanges are involved in the deliberations.

Indian crypto exchange are meeting in Bengaluru. (Shutterstock)

Policy

Indian Finance Minister Echoes Central Bank's Crypto Ban Call but Says Global Collaboration Is Required

Finance Minister Nirmala Sitharaman made her comment in answer to a series of written questions from a member of parliament about cryptocurrency legislation.

Indian Minister of Finance Nirmala Sitharaman (IMF Photo/Cliff Owen)

Policy

India's Crypto Industry Advocacy Body Disbanded

The Blockchain and Crypto Assets Council was the country's only crypto lobbyist group.

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