India
Indian crypto exchanges swoop in as Binance, OKX users face FIU ban.
Following the country’s Ministry of Finance’s Financial Intelligence Unit’s ban on offshore cryptocurrency exchanges like Binance, OKX, and others, Indian cryptocurrency exchanges are offering hassle-free transfers to users wishing to…
India G20 confirms ‘High level discussions’ around global crypto framework. Cryptured
Nirmala Sitharaman, India’s Minister of Finance, stated that active deliberations regarding the establishment of a global framework for cryptocurrencies are taking place under India’s Group of 20 (G20) presidency. On…
High Tax on Digital Currency May Kill Industry in India.
At the prestigious Singapore Fintech Festival (2-4 November), the Binance CEO highlighted India’s anti-crypto policies and warned that high tax rates would destroy the nation’s fledgling crypto industry. The Singapore…
No Big Plans for India: Says CZ.
Changpeng Zhao (CZ), the President of Binance, left everything behind to move to India. CZ stated that the 1% transaction tax that became effective on July 1, 2022, renders cryptocurrency…
India Has 11% of World’s Web 3.0 Talent: Report.
India possesses 11% of the world’s Web3.0 talent, says a new study published by the National Association of Software and Services Companies (NASSCOM). This makes India the world’s third-largest in…
India’s Central Bank to Test CBDC in Various Phases.
India’s central bank, the Reserve Bank of India, is set to test the e-rupee which is its version of a Central Bank Digital Currency (CBDC). The e-rupee is like the…
India’s Jharkhand State to use Blockchain technology for seed distribution to farmers.
India’s cryptocurrency atmosphere has so far been pretty conservative with the government constantly trying to formulate restrictive measures against the advent of crypto. Crypto firms are also trying to be…
KFC India debuts BuckETH, a virtual treat.
KFC India is set to treat its customers to a delicious digital surprise. Earlier this month, KFC India announced the debut of its signature white and red striped bucket, only…
Indian crypto exchanges currently under investigation by the ED.
Crypto traders in India are concerned over the recent investigations led by the Enforcement Directorate (ED). Many crypto exchanges of Indian descent are under fire for money laundering. This may…
CZ denies claims that Binance acquired WazirX.
Changpeng Zhao, the CEO of Binance, has denied claims that the crypto exchange acquired WazirX. This comes after the Indian authorities took action against the Mumbai-based platform as part of…
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