India

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.

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

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.

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 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.

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.

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

Why Can't India Draft a Clear Cut Crypto Policy? Country's Supreme Court Raps Government
Supreme court justice Surya Kant and N Kotiswar Singh said that there is "parallel under-market" for crypto that can affect the economy.

Circle and Near Invest $14M in Remittances App for Indian Diaspora
The app currently has 500,000 monthly actively users.

Coinbase Plans India Comeback After Securing Regulatory Registration With FIU
The crypto exchange started withdrawing from the country in 2022 due to regulatory pressure.

