India

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.

Coinbase India Setback; Hong Kong’s Bitcoin ATMs
Coinbase’s India launch hits road bump. South Korea’s Shinhan bank sets precedent for corporate crypto accounts. Expert says Singapore still on track to become a global crypto hub. Hong Kong leads the way for Bitcoin ATMs in Asia, but is their future in doubt? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Coinbase's Trading Launch in India Hits Snag With Payments System
The entity that governs UPI, India's payment system, say it's "not aware" of any crypto exchange using the system.

Coinbase Starts Crypto Trading Services in India
The announcement was made at an event in India's tech hub Bengaluru.

US Sanctions Russian Darknet Market; Indian MP’s Crypto Warning
South Korea’s Kakao Group acquires Japanese crypto exchange SEBC. U.S. sanctions Russia-based darknet market Hydra Market. MP: India to make life hell for crypto investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Can India’s Controversial New Tax Law Be Challenged in Court? Yes, Say Crypto Lawyers
While the overall bill may not be suitable for a lawsuit, lawyers believe a 1% tax deducted at source may be.

India Crypto Tax Guide 2022
Indian crypto investors will have to start paying tax now that the government has made the rules clear through the Indian Finance Bill 2022. This piece is part of CoinDesk's Tax Week.

