India
ByBit Registers in India, Eyes Return After Paying $1M+ Fine
ByBit registers with India’s FIU, signaling a return to operations for traders. Regulatory pressures lead to $1.06M fine for ByBit’s non-compliance in India. India tightens…
High Taxes, Yet India Might Be Changing Its Tune on Crypto
India reviews crypto policies due to the global shift toward digital asset acceptance. Despite high taxes, India leads global crypto adoption, ranking #1 in 2024.…
India’s Crypto Tax Crackdown vs. China’s Innovation Push—Is India Falling Behind?
The Indian cryptocurrency market has suffered a significant setback. Crypto users are wary of India’s 1% TDS on crypto transactions. China’s more friendly approach edges…
Jiocoin Introduced in India, Set to Disrupt the Browser Market
One of India’s biggest telcos launched its own cryptocurrency Called JioCoin, it is currently unredeemable and untradeable It will potentially be integrated in Reliance Jio’s…
Pig Butchering Scams: India and Tech Giants Take a Stand
India collaborates with Google and Meta to combat the growing threat of crypto scams. "Pig butchering" scams have resulted in over $3.6 billion in losses…
India Crypto Regulations: A Look at Upcoming Framework
India’s VDA regulation balances innovation with investor protection and stability. Global collaboration is crucial for managing borderless crypto assets effectively. Stakeholder consultations are shaping India’s…
India Might Ban Bitcoin and Ether to Boost its CBDC
India plans to ban cryptocurrencies like Bitcoin and Ether and promote its CBDC, the digital rupee. The government’s plan has raised concerns over the future…
Binance, KuCoin Request Source of Funds from Indian Users After FIU Registration
Crypto exchanges Binance and KuCoin allegedly demand users’ personal information to facilitate transactions. The observations were made by users of the platforms not long after…
No More Blanket Account Freezes in India’s Crypto Fraud Cases
An Indian High Court rules that investigation agencies cannot freeze an entire bank account during a probe. The court directed the police to freeze only…
Telegram Faces India Ban Threat Over Extortion, Gambling Probe
India's investigation into Telegram for extortion and gambling could lead to the platform being blocked in the country. Telegram's CEO Pavel Durov was detained in…
