India

Police Officers Charged in $1.3 Million Bitcoin Extortion Scheme
Ten Indian police officials have been charged with kidnapping and attempted extortion after allegedly forcing a victim to transfer 200 bitcoins.

India's Exchanges Want to Challenge Central Bank's Crypto Crackdown
India's cryptocurrency exchanges plan to fight back against the Reserve Bank's decision to cut them off from financial services.

BankChain Project Launches Blockchain Exchange for Stressed Assets
The India-based consortium has launched a blockchain-based exchange for trading non-performing assets.

NASSCOM Teams with Blockchain Institute for Digital Economy
India's tech industry is working with Canada's Blockchain Research Institute to integrate blockchain into Indian businesses and government.

India's Tax Department Is Sending Notices to Crypto Investors
The chairman of India's Central Board of Direct Tax says the agency is sending notices to crypto investors that haven't declared their gains.

India's Finance Minister Strikes Stern Tone on Cryptos in Budget Speech
During his annual budget speech, Indian finance minister Arun Jaitley confirmed his position that cryptocurrencies are not legal tender.

Report: India's Government Sends Tax Notices to Cryptocurrency Traders
India has sent tax notices to tens of thousands of cryptocurrency owners within its borders.

Indian Lawyer Files Petition Demanding Cryptocurrency Regulations
An Indian lawyer has filed a public interest litigation (PIL) seeking to force action on the regulation of cryptocurrencies in the country.

Indian Bitcoin Exchanges Seek Clarification Over Tax Liabilities
Indian bitcoin exchanges are raising questions over the applicability of goods and service tax (GST) to their operations.

Government Think Tank to Trial Blockchain Verification in India
The National Institution for Transforming India is exploring blockchain's application in education, health and other sectors.

