India
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.
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.
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.
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."
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 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.
India's Crypto Industry Advocacy Body Disbanded
The Blockchain and Crypto Assets Council was the country's only crypto lobbyist group.
Bitcoin Will Make a Comeback, Rockefeller International Chairman Says
“We need the excesses to get weeded out,” Ruchir Sharma told CoinDesk TV.
Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
