India


Markets

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.

(Kevin Ku/Unsplash)

Finance

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.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Policy

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.

(Nikhilesh De/CoinDesk)

Policy

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.

Narendra Modi greets supporters in May. (Elke Scholiers/Getty Images)

Policy

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 flag. (Shutterstock)

Policy

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.

CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (CoinDCX)

Policy

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia

The company has also secured registrations in India and Dubai.

(Autumn_ schroe/Unsplash)

Policy

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.

New Delhi, India (Unsplash)

Policy

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.

Indian flag, elections, ballot box, casting vote. (Gettyimages/btgbtg)

Finance

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.

Indian flag. (Shutterstock)