India

India

Policy

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)

Finance

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)

Policy

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)

Finance

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)

Policy

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)

Policy

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.

Indian flag. (Shutterstock)

Finance

Circle and Near Invest $14M in Remittances App for Indian Diaspora

The app currently has 500,000 monthly actively users.

India's flag (Naveed Ahmed / Unsplash)

Finance

Coinbase Plans India Comeback After Securing Regulatory Registration With FIU

The crypto exchange started withdrawing from the country in 2022 due to regulatory pressure.

Coinbase CEO, Brian Armstrong, at Consensus 2019 (CoinDesk)

Policy

India's Directorate of Enforcement Seizes $190M in BitConnect Fraud Case

BitConnect's founder, Satish Kumbhani, is wanted in both India and the U.S.

India's flag (Naveed Ahmed / Unsplash)

Policy

Coinbase in Talks for Return to India 2 Years After Exit: Report

The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.

Coinbase CEO Brian Armstrong (CoinDesk archives)