India
MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum
ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.
Bitcoin Worth $1.2M Seized From India Hacker
"Shreeki" allegedly hacked government portals, bitcoin exchanges and poker sites.
Internet Shutdowns Cost India $2.8B in 2020: Report
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.
India Mulls Imposing 18% Tax on Bitcoin Transactions
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform.
India's Leading Bitcoin Exchange Raises $13.9M From Block.One, Coinbase Ventures
India's largest cryptocurrency exchange, CoinDCX, has raised $13.9 million in a Series B funding round led by Block.one.
India's State-Led Payment Network Is Growing. Now Nation Wants to Export It
India’s state-led payments system, United Payments Interface (UPI), was first rolled out in 2016 and is currently used by 175 million people.
India's Banks Are Once More Serving Crypto Traders and Exchanges
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November.
India Plans to Tax Income From Bitcoin Investments: Report
The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.
