India
Indian ED Raids 21 Premises in Multiple States in Karnataka’s Crypto Fraud Case Investigation
India’s Enforcement Directorate (ED) executed search operations at 21 premises across Karnataka, Maharashtra, and Delhi on December 18, targeting a cryptocurrency investment fraud network. The raids occurred under the Prevention...
India Approves Coinbase Investment in CoinDCX Exchange
Coinbase has officially solidified its return to the Indian market, receiving regulatory approval from the Competition Commission of India (CCI) to acquire a minority stake in CoinDCX. The deal, which...
India Moves Toward RWA Adoption as MP Proposes Tokenization Bill
India’s Parliament opened a critical debate on the future of asset ownership when Member of Parliament Raghav Chadha formally urged the government to introduce a dedicated Tokenization Bill. The proposal...
Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far
According to the Polygon Labs ecosystem BD Head for India, Aishwary Gupta, the Jio team is testing a new cryptocurrency called JioCoin on the Polygon blockchain. Gupta shared the update...
Coinbase Returns to India with FIU Approval, Eyes 2026 for Fiat Integration
Coinbase Global Inc. (NASDAQ: COIN) has reopened its app for registrations in India after a pause of more than two years. The U.S. exchange now lets local users trade crypto...
India’s DRI Warns That Smugglers Now Prefer Stablecoins Over Hawala Networks
India’s Directorate of Revenue Intelligence says criminal groups now shift from traditional hawala channels to digital stablecoins, creating new challenges for agencies that fight organised smuggling. The agency notes that...
Indian State Karnataka Partners With Coinbase To Back ‘Base’ Startups
Coinbase India is now a key link between the United States and the Karnataka government, creating a formal on-chain channel between U.S. crypto infrastructure and India’s tech hub. Indian state...
India’s Crypto Shift: ‘Bharat’ and Women Drive Shift to Long-Term Wealth Creation
India’s cryptocurrency market underwent a structural transformation in 2025, evolving from a speculative playground into a cornerstone of long-term wealth planning. New data from CoinDCX’s Annual Report reveals that domestic...
Rupee-Backed ARC Token to Debut in Q1 2026 to Strengthen India’s Digital Economy
India’s highly anticipated ARC (Asset Reserve Certificate) token is set to launch in the first quarter of 2026, marking a major step in the country’s digital economy. The ARC token...
Crypto on High Alert as Trump Weighs Tough Sanctions Against Russia Partners
U.S. President Donald Trump has signaled openness to a drastic new sanctions package. The proposed legislation targets countries that continue to trade with Russia. However, Trump stated he will only...
India Moves Toward a Digital Rupee Layer as Polygon Positions Its Rails
India is accelerating its shift toward a digital-rupee future as policymakers and technology firms explore new ways to merge blockchain systems with the country’s fast-growing payments infrastructure. The rise of...
India, Not The US, Is The Retail Engine For 2025 Crypto, New Data Shows
Binance CEO Richard Teng told CNBC’s India audience that India is “a very important market” because it combines the world’s largest young, digital-native population with fast crypto uptake. India Is...
Gen Z Overtakes Millennials as India’s Largest Crypto Investor Group: Report
Gen Z is now India’s largest group of cryptocurrency investors, according to CoinSwitch’s “India’s Crypto Portfolio Q3 2025” report. Gen Z Leads Adoption In CoinSwitch Q3 2025 Report The study,...
India’s Top Economic Adviser Flags Risks of USD Stablecoins to Global Monetary Order
The rising dominance of the U.S. dollar–backed stablecoins could disrupt global monetary frameworks. This warning has come out from India’s Chief Economic Adviser, V. Anantha Nageswaran. Speaking in Mumbai, he...
Indian Court Rules Crypto Is ‘Property,’ Blocks WazirX Plan to Use User’s XRP to Cover Hack Losses
The Indian court delivered a major win for investor rights, ruling that cryptocurrency constitutes ‘property’ under domestic law, thereby blocking the embattled exchange WazirX from imposing a collective loss-sharing plan...
India and the U.S. Lead Global Crypto Adoption in 2025 as Stablecoin Volume Hit $4 Trillion
Crypto adoption accelerated in 2025, with India and the United States setting the pace, according to TRM Labs. From January through July, South Asia recorded the world’s fastest growth, up...
Jio Partners With Aptos; Blockchain Rewards Beta Scales Toward Mass Adoption
Indian telecom leader Reliance Jio has teamed up with Aptos Foundation and Aptos Labs to roll out blockchain-based rewards for its massive 500 million user base. The goal is to...
Bombay High Court Backs CoinSwitch as WazirX Appeal Fails
The Bombay High Court has granted CoinSwitch the right to secure assets stolen during the $234 million hack of the WazirX platform in July 2024. The court dismissed an appeal...
India to Launch RBI-Backed Digital Rupee, as Union Minister Goyal Rejects Unbacked Crypto
Union Minister Piyush Goyal says India’s new digital currency will be backed by the Reserve Bank of India while warning against cryptocurrencies with no asset or sovereign guarantee. India will...
India’s CBI Targets Crypto Proceeds After U.S. Fraud Alert to Delhi
India’s premier investigation agency, the Central Bureau of Investigation (CBI), has pursued the attachment of cryptocurrency assets held on WazirX following a formal appeal from the U.S. Department of Justice...
Indian Regulators Demand PMLA Registration From 25 Offshore Exchanges
India’s Financial Intelligence Unit (FIU-IND) has issued notices to 25 offshore cryptocurrency exchanges for failing to comply with anti-money laundering (AML) rules, warning that access will be blocked unless they...
Thane Becomes India’s First City with Dedicated Crypto Investigation Cell
India has created its first dedicated Cryptocurrency Investigation Cell in Thane. The unit will track illicit transactions and dismantle schemes that use crypto to launder stolen funds. Officials said the...
India Pressed to Act on Stablecoin Rules as Stripe Tempo Launch and $240B Supply Put Pressure on Policy
India’s regulatory debate around digital assets sharpened this week after former Reserve Bank of India (RBI) executive director G Padmanabhan urged the government to move faster on stablecoin rules. Speaking...
India Avoids Full Crypto Regulation, Citing Fear of Legitimacy and Systemic Risks
India is leaning towards maintaining partial oversight on cryptocurrencies rather than introducing full legislation to regulate cryptocurrencies, according to a government document seen by Reuters. Officials argue that creating a...
How Can Crypto Save the Indian IT Industry Against Trump’s Actions?
US President Donald Trump recently penalized India by imposing a 50% tariff on goods imported from the Asian country. Trump took this harsh stance following allegations that India purchased oil...
