Bybit exchange suspends services in India due to regulatory pressure
[Jan 10 1:06 PM] Bybit will continue honoring user withdrawal requests despite temporarily halting other services.
1 / 11 Relevant items tagged with #India
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Microsoft to invest $3B in AI, cloud expansion, training in India
[Jan 9 11:15 AM] Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups.
CoinSwitch launches $70M recovery fund for WazirX hack victims
[Jan 7 2:19 PM] CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack last year.
Can India Lead Crypto Regulation in 2025? Binance Thinks So
[Dec 27, 2024 2:30 AM] Binance expects India to lead global crypto regulation in 2025, driven by progressive frameworks aimed at boosting trust, fostering innovation, and expanding blockchain utility. Will 2025 Be the Year India Leads the Global Crypto Regulatory Race?…
Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’
[Dec 20, 2024 12:13 AM] Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.
India’s Bitcoin Treasury Era Begins With a Bold Corporate Pioneer
[Dec 11, 2024 4:30 AM] An Indian company has made history by adopting bitcoin as its primary treasury reserve, signaling a bold shift in corporate finance and digital asset strategies. Corporate India Ushers in Bitcoin Treasury Era with Groundbreaking Move Jetking…
CoinDCX’s BitOasis receives full crypto license in Dubai
[Dec 9, 2024 8:50 AM] BitOasis received a full VASP license, marking the final step in its VARA licensing process and allowing it to offer a full range of crypto trading services.
Dedollarization Is Not Our Objective: India Clarifies Currency Goals
[Dec 8, 2024 4:30 AM] ndia rejects de-dollarization narratives, with the Reserve Bank of India (RBI) prioritizing local currency trade agreements to shield its economy from dollar volatility and global uncertainties. RBI Denies Dedollarization Goals, Focuses on Securing…
Crypto Biz: Wall Street gets a taste of altseason
[Dec 6, 2024 9:30 PM] This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more.
In India, adoption metrics don’t match on-ground reality
[Dec 4, 2024 7:00 PM] There is a key disconnect between India’s top crypto adoption metrics and the lack of widespread cryptocurrency use.
BitGo in talks to launch services in India
[Dec 4, 2024 6:14 PM] India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024.
Binance, WazirX among crypto firms evading taxes in India, says gov’t
[Dec 4, 2024 1:40 PM] India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said.
AI training consent a ‘perfect use case’ for blockchain — Aptos co-founder
[Dec 4, 2024 10:28 AM] Aptos co-founder Avery Ching said at India Blockchain Week that controlling what content can be used for training by AI is something blockchain can help with.
Crypto thrives in India despite ‘discouraging’ taxes — Local community
[Nov 28, 2024 8:09 AM] India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential.
Reserve Bank of India expanding cross-border payments platform
[Nov 24, 2024 5:13 PM] According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
Indian Official Expresses Doubts About Crypto: ‘I Am Very Skeptical’
India Expands Payment Ties With Regional Partners to Strengthen Cross-Border Financial Networks
[Nov 21, 2024 3:30 AM] India’s expanding payment ties with nations like UAE and Sri Lanka highlight a push for seamless transactions, paired with cautious central bank digital currency (CBDC) advancements. India’s Growing Regional Payment Ties Signal a New Financial Era…
India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest
Bitcoin scammers impersonate police, Sunray Finance $2.7M drain: Crypto-Sec
[Nov 4, 2024 1:30 PM] Scammers pretended to be police and demanded BTC for missing court dates, while an attacker minted a huge number of SUN tokens and dumped them.
India Reclaims 102 Tonnes of Gold From Bank of England as Global Risks Rise
[Nov 1, 2024 4:30 AM] The Reserve Bank of India has repatriated 102 tonnes of gold from the UK, bolstering domestic reserves as global instability fuels demand for secure assets. 102 Tonnes of Gold Returned: RBI Shifts Assets From Bank of England India’s central…
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
[Oct 27, 2024 11:31 AM] Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation.
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
[Oct 17, 2024 1:30 AM] Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum…
Indian Police Crush ‘Goldcoat Solar’ Fraud — Binance Aids in Crypto Seizure
[Oct 16, 2024 3:30 AM] Indian police, with support from crypto exchange Binance, have dismantled a fraudulent scheme run by M/s Goldcoat Solar, which posed as part of a national solar energy initiative. The criminals lured investors by impersonating officials and…
Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential
BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies
[Oct 11, 2024 6:30 AM] Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’…
BRICS More Attractive Than EU, Says Serbia’s Vulin
India's Crypto Discussion Paper on Hold Due to Other Priorities
[Oct 9, 2024 1:08 PM] India's planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.
India Denies Targeting US Dollar as Dedollarization Reshapes Global Trade
VIVEK: Bitcoin Lightning Payments Has a Long Way To Go In India
[Oct 3, 2024 12:50 PM] As an Indian Bitcoiner returning home recently, I found myself using UPI digital payments repeatedly for everyday spending. UPI (Unified Payments Interface) is India's real-time bank-to-bank payment system that has become ubiquitous for making…
Bitcoin bull cycle outpaces historical patterns by 100 days: Report
[Oct 3, 2024 11:00 AM] CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.