India
India’s Crypto Revenue Expected to Reach $3.33 Billion in 2023
India’s crypto revenue will reach $3.33 billion by 2023, as per the reports by Statista. The current position of India in crypto adoption is second,…
‘Namaste Web3’ Discusses India’s Potential in Leading Web3 Space
At the Namaste Web3 conference, the political leaders and lawmakers spoke about India’s position in Web3. Dr. Singhvi commented that Web3 would help India achieve…
Indian Finance Ministry: Crypto Trading Is Now Subject to AML Laws
Indian Finance Ministry said crypto trading is now subject to money laundering laws. The AML regulation comes after multiple crypto-related scandals. Previously, India imposed a…
Nirmala Sitharaman Comments on India’s Notion of Crypto at FMCBG
India’s Finance Minister says, “India views anything that is outside of the Central Bank not as a currency.” “Cryptocurrencies should be regulated as they are…
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
The IMF Chief told that there are disagreements over debt restructuring. Kristalina Georgieva commented that banning private crypto should be considered an option. She also…
India’s Digital Rupee CBDC Pilot Expands to Over 50,000 Testers
India's digital rupee CBDC pilot expands to over 50,000 testers. Rabi Sankar wants the process to happen gradually and slowly. Data obtained from the digital…
G20 Group Takes Up Crypto Regulation; Says Finance Minister
Nirmala Sitharaman told that the G20 Group has been discussing about taking up crypto regulation collectively. She added that the Government of India has been…
Finance Minister and IMF MD Talk about Global Crypto Regulation
Finance Minister Nirmala Sitharaman had a virtual meeting with the IMF MD Kristalina Georgieva. They conversed about the need for a globally coordinated approach to…
India Needs More Time to Clarify Crypto GST Regulation
The CBIC is yet to conclude how to classify certain areas of crypto transactions. Transactions between parties outside of crypto exchanges and crypto mining are…
India States IMF is Working with G20 for Crypto Regulation plan
Indian EA official Ajay Seth revealed that the IMF is working on a paper focussing on crypto assets in consultation with India. Indian government is…
