Binance obtains FIU approval for India return
[May 10 7:41 AM] Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year.
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Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
[Mar 16 11:30 PM] Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading…
RBI Chief: Crypto Threatens Rupee Stability, Urges Investors to Be Cautious
India Cracks Down on Offshore Crypto Exchanges — Blocks Binance, 8 Other Platforms
[Dec 29, 2023 10:30 PM] The Indian government has directed the Ministry of Electronics and Information Technology to bar access to offshore cryptocurrency exchanges deemed illegal within the country. The nine affected crypto platforms include Binance, Kucoin, Huobi…
Indian Government Provides Update on Crypto Regulation
[Dec 13, 2023 11:00 PM] The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit, noting that…
Indian Government Confirms Commitment to Supporting Web3 Startups
[Dec 8, 2023 10:30 PM] The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation…
India’s Prime Minister Calls for Global Crypto Framework With Focus on Unified Approach, Adoption, Democratization
[Aug 27, 2023 9:30 PM] India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on
India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’
[Apr 11, 2023 10:00 PM] India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.”…
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention
[Apr 5, 2023 9:30 PM] The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto…
India Brings Crypto Transactions Under Prevention of Money Laundering Act
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
[Feb 22, 2023 9:30 PM] Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people…
Indian Government Introduces New Crypto Tax Penalties
[Feb 2, 2023 12:10 AM] The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her…