Tag: india

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Exchange News

Coinbase Engages Indian Regulators for Comeback

Coinbase plans a return to India, engaging regulators like FIU while ensuring compliance after past challenges with UPI and banking restrictions. Coinbase is quietly working...
Bitcoin News

Jetking Leads as India’s First Public Firm Embracing Bitcoin

Jetking is India's first public firm to adopt Bitcoin. Bitcoin's price rises from $95,000 to $97,076 following the news. Jetking is the first publicly...
News

India Imposes 70% Tax Penalty on Undeclared Crypto Gains

India enforces a 70% tax penalty on undeclared crypto gains, applying retroactively from February 2025. Compliance is mandatory to avoid heavy fines. The Indian government...
Web3 News

Jio Platforms Partners with Polygon to Boost Web3 in India

Jio Platforms partners with Polygon to bring Web3 and blockchain solutions to India, enhancing services for 450 million users. Reliance Jio Platforms, a subsidiary of...
Exchange News

Bybit Temporarily Restricts Crypto Deposits in India

Bybit announces temporary restrictions for Indian users starting January 12, 2025, due to regulatory changes, affecting trades and deposits. Bybit has announced that starting January...
CBDC

RBI Governor Backs CBDC for India’s Payment Revolution

India is spearheading CBDC development, with continuing trial initiatives. CBDC has the potential to alter the future of India's payment systems and economy. On...
CBDC

India Expands Mobile Payment Partnerships with UAE, Sri Lanka, and Nepal

India expands mobile payment partnerships with UAE, Sri Lanka, and Nepal, advancing cross-border payments and exploring digital currencies' future. India is making significant strides in...
Exchange News

India Leads Global Crypto Adoption Despite Ban on Offshore Exchanges

India remains the leader in global cryptocurrency adoption despite regulatory challenges. The ban on offshore exchanges has not significantly reduced their usage in...
News

India Holds Off on Cryptocurrency Regulation Amid Economic Uncertainty

India has no immediate plans to regulate cryptocurrency sales and purchases The government is assessing crypto risks and benefits, aiming for a policy...
Bitcoin News

Nirmala Sitharaman Thinks Crypto Will Dominate India’s Future

India’s Minister of Finance Nirmala Sitharaman says cryptocurrencies will take up most of the chat time during this year’s upcoming G20 presidency event in...
Bitcoin News

Rajeev Chandrasekhar: Crypto Is Quite Risky

Rajeev Chandrasekhar – the minister of state for IT and electronics – said crypto could present a “legitimate case of macroeconomic risks,” in a...
Bitcoin News

Nirmala Sitharaman: Crypto Regulation Must Be a Group Effort

Union Finance Minister Nirmala Sitharaman of India commented that crypto regulation has become a major priority for several finance ministers and central bank governors...
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