India

In a huge push for the adoption of India’s retail CBDC, retail giant Reliance Retail announced earlier today that it would start accepting the digital Rupee-Retail (e₹-R) in its stores....

The crypto community in India has been anxiously awaiting the Union Budget 2023-24 which is expected to be presented by Finance Minister Nirmala Sitaraman on February 1, 2023, in the...

Rajeev Chandrasekhar, the Indian Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship addressed the gathering at the ITech Law International Conference 2023 held in Bengaluru,...

A recent study showed that after the imposition of a 30 percent tax on the income from crypto assets, the net trade volume worth $3.8 billion (Rs 32,000 crore) switched...

India is ready to achieve its dream of a $5 trillion economy by exploring the untapped $1 trillion crypto market that the currently has under its belt. The Indian web3...

Indian political party, Congress’ leader, Rahul Gandhi, tweeted his interview with the former Reserve Bank of India governor, Raghuram Rajan, discussing future plans to unlock India’s complete potential by exploring...

The bad actors who hacked the All India Institute of Medical Sciences (AIIMS) server seek a crypto ransom. Delhi Police have registered a case of extortion and cyberterrorism. Previously, an...

Peter Schiff took to Twitter to report that the RBI will roll out a retail pilot program for the digital rupee. The Federal Reserve authorities launched a 12-week pilot program...

India fled the worldwide crypto crisis due to RBI’s cautious regulations. From $3 trillion in 2021, the total of crypto is below $1 trillion. RBI has strongly defied crypto from...

Changpeng Zhao stated that high crypto taxes in India will “kill  the sector.” India will lead the G20 nations for a year beginning in December 2022. The formation of a...

Indian finance minister calls on world financial bodies to discuss crypto regulation. She believes no country can singularly regulate crypto successfully. Previously, Indian Reserve Bank published a concept note for...

Pilot Central-Bank-backed Digital Rupee to be launched by Reserve Bank of India. It will be used to settle secondary market transactions in government securities. Nine banks including the State Bank...

Indian Finance Minister Amit Shah warns of increased drug trafficking using crypto. Three digital asset management companies are under investigation. India’s FIU cracks down on 200 illicit crypto transactions worth...

Paxful Bitcoin P2P trading volume in India doubles from 2021 In Q3 2022, Indians traded $15.7 million against $11.2 million in Q3 2021. Trading volume on Indian exchanges continues to...

Indian Finance minister announced plans to develop Crypto SOPs. Minister claims no single nation can regulate the crypto sector on its own. She emphasized the need for international cooperation. India‘s...

Sitharaman pointed out that G-20 or the World Bank, are assessing crypto assets. She said that no single country can effectively handle or regulate crypto assets. G20 countries have concerns...

The Reserve Bank of India proposes its own CBDC concept The Indian CBDC aims to be a legal tender that exchanges at a one-to-one ratio with the Indian Rupee. Notably,...

Reserve Bank of India released a 50-page concept note for CBDC launching. The country will establish a retail and wholesale CBDC to simplify transactions. The Indian crypto community does not...

WazirX fired its entire public policy and communication team last Friday. A estimated 50 to 70 workers, representing 40% workforce, were sacked. The company pinned blames on the bear market....

Regulatory ambiguity and new tax rules could disrupt India’s current crypto ranking. The country will determine its regulatory stance next year. India is currently the fourth country when it comes...

The founder of the crypto investment platform BitConnect, Satish Kumbhani, is being investigated in India. This is not the first time that the founder of BitConnect has faced legal action....