India

India

Policy

India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines

"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Policy

India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges

The government lost $420 million in potential revenue and failed to improve transparency because the tax regime prompted as many as 5 million crypto users to shift transactions offshore, a new study found.

New Delhi, India (Unsplash)

Policy

India's Central Bureau of Investigation Appoints Liminal to Manage Seized Digital Assets

Liminal has already supported the CBI in an operation by assembling a specialized team to safely store seized assets.

New Delhi, India (Unsplash)

Policy

Indian Police Arrest 8 More in $300M Crypto Scam: Report

Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.

(Shutterstock)

Policy

Indian Crypto Investment Platform Mudrex Expands to Italy

Mudrex successfully registered with Italy's Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.

The four co-founders of Mudrex (from left to right): Prince Arora, VP, engineering; CEO Edul Patel; CTO Alankar Saxena; and Rohit Goyal, VP, DeFi. (Mudrex)

Policy

Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active

The question of the extent of Coinbase's operations in India was triggered after it sent emails to some customers asking them to withdraw their funds by September 25.

Coinbase CEO Brian Armstrong (Coinbase)

Policy

India Will Decide on Its Crypto Stance in Coming Months

India's individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Videos

India’s G20 Presidency, Blockchain Week Outlook

Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the upcoming blockchain discussions in Singapore, Philippines and Dubai. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Videos

Grayscale Scores Legal Victory Against SEC; India Moves on Blockchain

Host Angie Lau takes a deep dive into Grayscale Investments' legal victory against the U.S. Securities and Exchange Commission (SEC) and what this means for other pending bitcoin ETF applications. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG). Plus, the state of blockchain developments in India. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Finance

OKX Planning Web3 Foray Into India, Chief Marketing Officer Says

OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community.

New Delhi, India (Unsplash)