India
Indian Crypto Exchange CoinDCX Raises Over $135M in New Funding Round
The raise brings CoinDCX's valuation to more than $2 billion, said co-founder and Chief Executive Sumit Gupta.
Some Indian Payment Processors Cut Off Local Crypto Exchanges
The moves follow a new tax on crypto profits and come as regulators pressure the payments companies, sources say.
Virgil Griffith Jailed; Indian Exchanges Disable UPI
Former Ethereum developer Virgil Griffith gets 63 months in prison. Coinbase snafu sets cat among the crypto pigeons in India. Huawei becomes latest of China’s tech giants to issue NFTs. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Indian Taxes Hit Trading; Bored Apes Movie Debut
India tax breaks crypto’s back. Crypto follows broader market down as pandemic and inflation concerns persist. Bored Apes get animated in partnership with Coinbase. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Indian Crypto Trading Volumes Collapse, Coinbase Suspends Trading in India
Trading volumes on India’s major crypto exchanges plummeted after new legislation, which imposed a 30% capital gains tax on cryptocurrency transactions, came into effect April 1. Plus, Coinbase’s India operation suspended buy orders due to regulatory uncertainty.
BTC Slips Below $42K, Coinbase Halts Crypto Trading in India
Kapil Rathi, co-founder and CEO of crypto exchange CrossTower, discusses the recent dip in the crypto markets as investors weigh macro factors like the Russia-Ukraine war, rising oil prices and inflation concerns. Plus, a conversation about India’s crypto ecosystem as Coinbase’s expansion in the country is facing obstacles.
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Binance wins Abu Dhabi nod for another Middle Eastern outpost. India’s MobiKwik pulls crypto support. South Korea’s president-elect forges ahead with crypto policies. Twitter hacker takes over verified accounts to promote fake Azuki NFT drop. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Trading Volumes in India Collapse 10 Days After New Tax: Crebaco
The volume on WazirX, the country's largest exchange, has plunged by 72%.
Multiple Indian Official Twitter Accounts Hacked, NFT Content Posted
Accounts of a high-profile state chief minister, political parties and government institutions were compromised.
UPI Was Central to Coinbase India Launch; Now the Crypto Exchange Says It's 'Unavailable'
Coinbase India's trading launch hits yet another snag.
