India
WazirX Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount
Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.

Indian Crypto Exchange CoinDCX Acquires BitOasis to Enter Middle East
BitOasis recently won a license to operate as a broker-dealer in Bahrain and is also licensed in its native UAE.

Binance Fined $2.2M by India’s Financial Intelligence Unit
Binance became the first offshore crypto-related entity, along with KuCoin, to be approved by India’s Financial Intelligence Unit (FIU) in May, conditional to paying a penalty.

India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
Any plans for comprehensive crypto legislation could be kicked further down the road after a weaker-than-forecast showing for the governing party.

India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
The company has also secured registrations in India and Dubai.

Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

What’s at Stake for Crypto in India as the World’s Largest Democracy Is in the Midst of Its National Election?
Crypto’s significance as an election issue remains non-existent or at best negligible.

Binance Could Come Back to India by Paying $2M Fine: Report
The exchange could return as a FIU-registered firm after paying the fine, the report added.

