India
Crypto Exchange OKX to End Services in India
Customers in the country have until April 30 to close out their positions.

Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says
If traditional regulated markets cannot also offer tokenization and instantaneous settlement, investors could move to crypto, SEBI Chief Madhabi Puri Buch said.

Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex were sent showcause notices by the Indian government.

India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.

