India

India

Markten

Indian Judge Halts WazirX’s XRP Reallocation Plan Linked to 2024 Hack

The Madras High Court granted interim protection to a WazirX user, blocking the exchange from redistributing her XRP as part of its Singapore-led restructuring.

Indian flag (Naveed Ahmed/Unsplash)

Markten

Coinbase to Increase Investment in One of India’s Largest Crypto Exchanges

The planned deal sets a $2.45 billion post-money valuation and follows CoinDCX’s April 2022 raise of $135 million at a $2.15 billion valuation.

Coinbase logo shown on a laptop screen.  (Shutterstock)

Markten

India to Introduce RBI-Backed Digital Currency For Faster Transactions: Report

The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.

Indian flag (Naveed Ahmed/Unsplash)

Markten

Bybit Resumes Full Crypto Trading in India After Paying $1M Fine, Securing Compliance

The exchange had suspended most services in January 2025 due to operating without proper registration under anti-money laundering rules.

Bybit logo on a mobile phone. (appshunter.io/Unsplash)

Financiën

Bitcoin and Stablecoins Dominate as India, U.S. Top 2025 Crypto Adoption Index

USDT and USDC continue to lead global stablecoin flows, but EURC and PYUSD are rising fast as institutional rails expand

Indian flag (Naveed Ahmed/Unsplash)

Beleid

CoinDCX Engineer Arrested Following July's $43.4M Exploit: Report

A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.

(Shutterstock)

Financiën

CoinDCX Dismisses Report of Coinbase Acquisition Talks

CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.

Indian flag (Naveed Ahmed/Unsplash)

Beleid

Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations

CoinDCX's CEO, Sumit Gupta, refuted allegations of moving user funds to non-compliant entities in Lithuania.

Indian flag (Naveed Ahmed/Unsplash)

Financiën

Matador Technologies to Acquire Stake in Indian Firm HODL Systems

The Canadian firm plans to invest $3.2M for up to 24.95% ownership and license its digital gold tech to the Indian market.

Matador. (Credit: Paul Kenny McGrath/Unsplash)

Beleid

India's Crypto Industry Lobbies for Tax Cuts as Government Eyes Softening Stance: FT

The cryptocurrency industry in India has spotted its chance to lobby for more favorable treatment from New Delhi

Indian flag (Naveed Ahmed/Unsplash)