India

India

Policy

Indian Central Bank Governor Says Blockchain Technology Can Thrive Without Cryptocurrencies

There are far deeper issues involved with cryptocurrencies, RBI’s Shaktikanta Das said.

RBI entrance in New Delhi, India

Markets

Indian Government to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Meeting

The Parliamentary Standing Committee on Finance will meet industry representatives next week to seek their views.

PM Modi chairs high-level meeting on future of cryptocurrencies

Markets

Indian National Congress Accuses Modi-Led BJP of Covering Up Country’s Biggest Bitcoin Scam

Leaders accuse the prime minister of trying to drop the investigation.

A supporter wearing a ribbon featuring former Indian National Congress (INC) President Sonia Gandhi. (Prashanth Vishwanathan/Bloomberg via Getty Images)

Finance

Indian Crypto Exchange WazirX Says User Base Has Grown Tenfold in 2021

The exchange has also recorded trading volume of over $38 billion year to date.

Indian Rupee (Shutterstock)

Policy

Indian Crypto Companies to Meet With Lawmakers Next Week: Report

Three exchanges will be among the attendees.

India

Finance

Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor

Shaktikanta Das said he is “not so sure about the numbers which being quoted.”

Credit: Shutterstock

Markets

This Diwali Season, Indians FOMO Over Shiba Inu

“The motivation to buy SHIB is to earn good profit in a short time,” one investor told CoinDesk.

Diwali Celebrations by bursting fire crackers at Marine Lines in Mumbai, Maharashtra, India. Diwali, the festival of lights is celebrated by Indians in full gaiety.

Finance

Coinbase Acquires AI Customer Support Startup Agara

Under the deal, Agara’s mostly India-based staff will join Coinbase’s operations.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Policy

India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report

The government is likely to opt for regulating cryptocurrencies as an asset class, similar to commodities, with appropriate taxation of transactions and gains.

What Coinbase Job Postings in India Say About the Proposed Indian Crypto Ban