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 Fintech Festival…
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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 trading in India financially unviable. According to…
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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 terms of Web 3.0 workforce, employing…
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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 sovereign paper currency but is different as it takes a digital form. It…
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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 brought under a legally limiting…
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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 this time in the form of an NFT. Talented artists from all across…
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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 adversely impact the digital asset market in…
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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 an AML probe. The Indian crypto exchange was…
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The momentum that the crypto landscape in India was witnessing has lost some of its steam. This is as the government has introduced two new laws, which heavily tax unrealized gains from cryptocurrency. The first of these crypto laws…
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Earlier this month, the Finance Minister of India, Nirmala Sitharaman, revealed that the Reserve Bank of India (RBI) sought a ban on cryptocurrency in the country. According to Nirmala Sitharaman, multinational combined efforts are…
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