India

India

Markets

India's Central Bank Removes Lingering Confusion Over Banking for Crypto Firms

India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.

RBI entrance in New Delhi, India

Finance

Indian Crypto Exchange CoinDCX Raises $2.5M From Polychain Capital, Coinbase Ventures

India's largest crypto exchange, CoinDCX, has secured a $2.5 million strategic investment led by Polychain Capital with support from Coinbase Ventures.

Mumbai, India.

Markets

BitGo Now Providing Custody for India's Largest Crypto Exchange

One of the oldest crypto custodians, BitGo has started securing crypto assets at India's largest exchange by trade volume, CoinDCX.

The Gateway of India in Mumbai.

Tech

Blockchain Firm Partners With Indian Government to Boost Earnings for Farmers

Agtech startup Agri10x is working with India's government to better connect small-scale farmers to global buyers, using blockchain to cut out the middleman.

Credit: Shutterstock/Rawpixel

Finance

Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown

A nationwide coronavirus lockdown, a local banking crisis and a favorable court ruling have created a trifecta for crypto trading volumes in India.

LIFE UNDER LOCKDOWN: A man in a mask cleans the road in Jodhpur, India, on March 30. (Credit: Shutterstock).

Finance

Polychain, Bain Capital Join $3M Series A Round for Indian Exchange CoinDCX

The funding round comes just weeks after the Supreme Court overturned the country's banking ban.

Mumbai, India.

Finance

VC Tim Draper Eyes India Investments as Nation Enters Crypto 'Renaissance'

Tim Draper plans to back local startups now the Indian supreme court has overturned a ban on financial services for crypto companies.

Tim Draper

Markets

Binance Launches $50M 'Blockchain for India' Fund

Binance and WazirX plan to donate up to $50 million to Indian blockchain startups after the Supreme Court lifted a central bank ban on financial services for these firms.

Mumbai, India (Credit: Shutterstock)

Markets

Kraken Exchange Pledges India Expansion as Nation Reopens for Crypto Business

The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms.

The Gateway of India in Mumbai

Policy

The Dangerous Truth About India's Cryptocurrency Verdict

An only-partial court victory and the possibility of legislation banning crypto mean the industry’s legal status in India remains vulnerable.

Credit: Shutterstock