India
India’s SEBI Proposes Multi-Regulator Approach for Cryptocurrency Oversight
SEBI proposes multi-regulator oversight for cryptocurrency trading, diverging from RBI's concerns. Stablecoins could face prohibition, the panel aims to finalize recommendations by June. India's regulatory…
Rich Indians Are Being Lured by the United States’ Spot Bitcoin ETFs
Rich Indians are investing in spot BTC ETFs using their yearly remittance quotas. The Central Bank of India has warned investors against trading cryptocurrencies. Vested…
OKX Exits Indian Market Amid Regulatory Challenges
OKX exits India due to regulatory challenges and sets a fund withdrawal deadline for April 30. The absence of clear crypto regulations in India stifles…
Binance Seeks Return to India But Faces PMLA Compliance Hurdles
Binance has moved to restore Indian access to its mobile application and website. However, the Indian government rejected Binance's request to resume operations. Binance needs…
India’s Prime Minister Modi Urges Countries to Collaborate in Fighting Cyber Threats
Indian Prime Minister has appealed for international cooperation in dealing with contemporary challenges. Narendra Modi focused on the need for unified justice delivery amidst increased…
ReduceCryptoTax: Indian Web3 Community Hit Social Media With Demands
The community claims the taxes have limited growth within the sector in past years. Indian Web3 community takes to social media sites to demand changes…
Indian Exchanges in Crisis Talks After Govt Blocks Binance, Kucoin
Crypto exchanges in India have reportedly convened for emergency meetings. The crisis talk came after the Indian government moved to block Binance, Kucoin, Huobi, and…
India Unveils AML and CFT Rules Applicable to Overseas Exchanges
The Indian government has tackled the regulation of offshore crypto platforms catering to Indian users. The Anti-Money Laundering (AML) and Countering of Financial Terrorism (CFT)…
OKX Steps into India’s Web3 Space, Polygon Co-Founder Appreciates
OKX has decided to step into India’s Web3 space, fostering the technology. The CEO Star X, commented on India’s potential to be a big contributor…
Indian Gynecologist Loses $132k+ in Crypto Scam on Facebook
Indian doctor loses $132k+ in crypto scam following guidance from an online advisor. The fraud involved purchases of BTC, ETH, and USDT with unyielding demand…
