[Sep 19, 2024 7:51 AM] WazirX founder Nischal Shetty claimed earlier this month that the ultimate owner of the crypto exchange was Binance - a statement the latter has denied.
[Sep 18, 2024 12:45 AM] Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management…
[Sep 17, 2024 1:30 AM] BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without…
[Sep 13, 2024 2:35 PM] Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under…
[Sep 13, 2024 3:30 AM] Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing…
[Sep 12, 2024 2:30 AM] India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto…
[Sep 11, 2024 12:00 PM] India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis' annual report released Wednesday.
[Sep 11, 2024 11:58 AM] India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.
[Sep 6, 2024 12:42 PM] India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.
[Sep 6, 2024 1:30 AM] India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with…
[Sep 4, 2024 11:28 AM] India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.
[Sep 3, 2024 10:30 PM] Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the…
[Sep 3, 2024 2:00 AM] The legal team for WazirX said today that the exchange’s customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security…
[Sep 2, 2024 8:47 AM] It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said.
[Sep 2, 2024 6:30 AM] HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in…
[Sep 1, 2024 2:30 AM] Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which…
[Aug 30, 2024 6:30 AM] Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency unit, highlighted the rapid adoption of blockchain technology in India, particularly after the 2022 launch of the central bank digital currency (CBDC), the…
[Aug 29, 2024 9:47 AM] Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams.
[Aug 28, 2024 8:03 AM] RBI Governor Shaktikanta Das advocates a plug-and-play system to enhance cross-border payment efficiency and CBDC interoperability.
[Aug 27, 2024 10:40 AM] Telegram, perhaps the most prominent messaging service used by the cryptocurrency ecosystem, is under scrutiny in India but not in immediate danger of a ban, multiple reports have indicated. Indian authorities have asked the investigators for an…
[Aug 27, 2024 12:30 AM] The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the…
[Aug 26, 2024 1:45 PM] Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to…
[Aug 26, 2024 12:44 PM] India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
[Aug 26, 2024 10:31 AM] India's central bank Governor Shaktikanta Das has said that while their retail central bank digital currency (CBDC) pilot has over 5 million users, there should not be in any rush to roll out a system-wide CBDC.
[Aug 24, 2024 2:30 AM] The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October…
[Aug 23, 2024 3:30 PM] Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to…
[Aug 23, 2024 3:07 PM] Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.
[Aug 20, 2024 1:32 PM] While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.
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