India

A high-profile spokesperson for India’s ruling party is now publicly calling for the government to consider establishing a sovereign Bitcoin reserve.  Pradeep Bhandari, the ruling party, Bharatiya Janata Party’s national...

CoinDCX CEO Sumit Gupta has publicly praised India’s ruling Bharatiya Janata Party (BJP) and its spokesperson, Shri Pradeep Bhandari, for their growing interest towards cryptocurrencies.  In his latest post on...

India’s Income Tax Department has escalated enforcement actions against cryptocurrency tax evaders. They issued notices to thousands of individuals who failed to report digital asset income in their tax filings...

India will likely publish a discussion paper in June 2025 to explore policy frameworks for crypto assets. This step comes as digital currencies gain more traction globally, partly thanks to...

On May 19, 2025, India’s Supreme Court questioned why the central government has yet to create clear rules for cryptocurrencies. Justices Surya Kant and N. Kotiswar Singh said banning digital...

Russian politician MP Anatoly Aksakov has predicted a surge in Bitcoin value because of growing geopolitical tension between India and Pakistan. According to Aksakov, Bitcoin and Gold act as safe-haven...

India’s tax authorities intensified their crackdown on cryptocurrency traders using offshore exchanges like Binance. According to The Economic Times, the focus is on individuals who failed to comply with the...

A new draft Income Tax Bill presented by India’s Finance Minister Nirmala Sitharaman proposes sweeping powers for tax authorities to access citizens’ digital lives—including emails, social media communications, and financial...

Findings from India’s Financial Intelligence Unit (FIU) indicate suspicions that cryptocurrencies are being used for illicit activities, including terrorism financing, cybercrime, narcotics trafficking, and illegal betting. Prepared during the 2023-2024...

A town in Chhattisgarh, India, has started using the Avalanche blockchain to manage its land records, or rather, has implemented Avalanche to create a tamper-proof, immutable ledger for recording land...

India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, if needed, access individuals’ social media accounts and...

Cryptocurrency exchange ByBit has made progress toward getting back to business in India after fixing compliance issues with the country’s financial authorities. On February 5, the exchange announced it had...

India’s government is reassessing its position on cryptocurrency, possibly changing its regulatory framework in response to the shifting global stance toward digital assets. This review could impact the country’s crypto...

India’s cryptocurrency market has struggled under the weight of its harsh tax policies, raising concerns about the country’s position in the global digital economy. In 2022, the government imposed a...

Millions of people across India are getting much-needed exposure to the world of Web3 through none other than – Reliance Jio, one of the country’s biggest telecommunications providers. Earlier this...

India has ramped up its fight against the rising tide of crypto-related scams, particularly the notorious “pig butchering” schemes, by collaborating with tech giants Google and Meta. According to the...

India has shown serious intent to develop a regulatory framework for virtual digital assets (VDAs); otherwise, cryptocurrency. The move comes in the backdrop of the surging popularity of crypto assets...

The Indian government is exploring a ban on privately-operated cryptocurrencies like Bitcoin and Ether. As part of the country’s digital finance plans, India intends to promote its central bank digital...

Following Binance’s registration with India’s Financial Intelligence Unit (FIU), Indian-based cryptocurrency users have made claims that Binance now demands more information for users to carry out deposits and withdrawals on...

An Indian High Court has reined in on nonchalant account freezes declaring that investigative agencies cannot freeze entire bank accounts during crypto fraud investigations. The court’s decision comes on the...

The Indian government has initiated an investigation into Telegram for alleged extortion and gambling activities. This comes just a day after French authorities detained the platform’s CEO, Pavel Durov.  The...

India is gearing up to launch a new digital platform designed to make lending easier for small and rural businesses, tackling a major issue with credit access across the board....

The four-year regulatory challenge Binance faced in Brazil seems to end following the crypto exchange’s agreement to pay a 9.6 million reais fine, equivalent to $1.75 million, enacted by the...

India’s Economic Affairs Secretary, Ajay Seth, has announced that the country will release a discussion paper outlining its policy stance on cryptocurrencies before September. The paper aims to gather comments...

India is intensifying its fight against drug trafficking, particularly on the darknet, by leveraging cryptocurrency monitoring to track illicit transactions. As part of its National Action Plan for Drug Demand...