India
Tech Mahindra Joins StaTwig in Global Vaccine-Tracing Blockchain
The firms say the blockchain can improve transparency and prevent failures in global vaccine supply chains.
India Could Hit International Crypto Exchanges With Additional 18% Tax: Report
Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.
India May Have Quietly Shown Its Hand on Crypto Regulation
A recent enforcement action against Wazir-X, India's largest exchange, offers a glimpse of how regulators might eventually treat cryptocurrency there.
Binance-Owned Indian Exchange Taps TRM Labs for Anti-Fraud Management
WazirX says the partnership is a reinforcement of its commitment to detecting and preventing illicit activity.
Indian Investments in Crypto Have Exploded: Report
Crypto investments in the country have surged to $6.6 billion from $923 million a year ago.
Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
India's Crypto Investors Could Face 2% Levy on Purchases From Overseas Exchanges
It may be difficult for the government to impose the levy in the absence of a regulatory framework for the treatment of crypto assets.
15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Technology
IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.
Binance's WazirX Issued With Show Cause Notice by India’s Enforcement Directorate
WazirX denied receiving any show cause notice from the agency.
Indian Government Poised to Loosen Tough Stance on Crypto: Report
It's the latest twist in India's oft-changing posture toward fast-growing crypto markets.
