India

Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds.

India Said to Be Preparing to Ban Cryptocurrency Trading: Bloomberg
The federal cabinet is expected to shortly discuss a new bill before passing it to the parliament, people familiar with the matter told Bloomberg.

Tech Mahindra to Offer Blockchain Solutions on AWS
The Indian tech giant will offer blockchain solutions built on Amazon-managed blockchain.

Bitcoin Should Be Regulated Like Stocks in India, Says Think Tank Founder
Because it is similar to other financial assets, India should legitimize bitcoin by regulating it like a corporate stock, according Deepak Kapoor.

Hacker Hijacks Twitter Account of Indian Prime Minister's Relief Fund, Asks Followers for Crypto
Prime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending crypto to the attackers.

Crypto Banking Firm Cashaa Eyes India Expansion After $5M Raise
The crypto-friendly banking firm raised $5 million from Dubai-based blockchain investment and advisory firm 01ex.

Binance Taps DeFi Excitement to 'Fuel' Expansion Strategy in India
Binance is looking to accelerate business development in India during the local 2020 bull run – with an acute focus on decentralized finance.

Binance-Owned WazirX Announces DeFi Project With Matic
The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."

India May Be Starting Its Biggest Bitcoin Bull Run Yet
India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March. According to Coin Dance's Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July.

CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron.

