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News
India Becomes Top Fintech Destination in Asia
The Indian fintech sector attracted $647 million investment across 33 deals during the quarter, ending 30 June 2020.
Friday, 19/02/2021 | 08:19 GMT
by
Bilal Jafar
Regulation
Indian Government Wants Two Taxes on Crypto Trades
The government wants to tax the crypto income for the 2020-2021 financial year.
Wednesday, 17/02/2021 | 13:08 GMT
by
Arnab Shome
News
The End of Crypto in India? Proposed Crypto Ban Has Big Implications
A proposed ban that would effectively end investment in private cryptocurrencies could have serious consequences.
Tuesday, 16/02/2021 | 11:50 GMT
by
Rachel McIntosh
FinTech
Indian Fintech Startup BharatPe Secures $108 Million in Series D Funding
The latest funding round was led by Coatue Management.
Monday, 15/02/2021 | 13:25 GMT
by
Bilal Jafar
News
India to Implement Complete Cryptocurrency Ban, Reports Says
The government is planning to give crypto investors a transition period to exit their holdings.
Friday, 12/02/2021 | 07:37 GMT
by
Bilal Jafar
News
India May 'Fast-Track' Its Proposed Restrictive Crypto Bill: Report
The bill may go the 'ordinance route', which could allow it to be passed into law quickly.
Monday, 08/02/2021 | 07:29 GMT
by
Rachel McIntosh
News
Will India Really Ban Crypto? Experts Say It's Unlikely
Another proposed law threatens the stability of India's growing cryptocurrency industry. What's next?
Monday, 01/02/2021 | 07:42 GMT
by
Rachel McIntosh
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News
India Explores Possibility of a CBDC Launch
The monetary regulator remained hostile against the digital currency.
Tuesday, 26/01/2021 | 09:26 GMT
by
Arnab Shome
News
Indian Police Seize $1.2 Million Bitcoin from Arrested Crypto Hacker
The police arrested the hacker for breaking into a government website but discovered his Bitcoin hacks during an investigation.
Friday, 15/01/2021 | 08:10 GMT
by
Bilal Jafar
Brokers
IQ Option Faces Lawsuit in India over Crypto Fraud Allegations
The lawsuit demands a permanent ban of the brokerage from operating in India.
Wednesday, 13/01/2021 | 12:08 GMT
by
Arnab Shome
Regulation
Proposed Indian Crypto Tax Could Kill the Local Industry
The government is expecting to gain $1 billion in taxes from Bitcoin trades.
Friday, 01/01/2021 | 12:32 GMT
by
Arnab Shome
News
World’s First Physical Cryptocurrency Bank Opens in India
Cashaa partnered with United Multistate Credit Cooperative Society to open a physical cryptocurrency banking branch in Jaipur.
Wednesday, 30/12/2020 | 13:09 GMT
by
Bilal Jafar
News
India to Impose 18% Tax on Bitcoin Trading
The Government is planning to categorize Bitcoin as an intangible asset to collect $1 billion in BTC trading tax.
Tuesday, 29/12/2020 | 06:58 GMT
by
Bilal Jafar
Exchanges
Indian Cryptocurrency Exchange CoinDCX Receives $13.9 Million Funding
CoinDCX raised 100 Crore INR worth nearly $14 million from investors including Coinbase Ventures and Block.one.
Tuesday, 22/12/2020 | 07:24 GMT
by
Bilal Jafar
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Exchanges
CoinDCX Launches Ethereum Staking before Ethereum 2.0 Launch
The Indian crypto exchange will enable small investors to participate in staking with as low as 0.1 ETH.
Wednesday, 11/11/2020 | 07:12 GMT
by
Bilal Jafar
Executive Moves
UBS India Elevates Uday Odedra to APAC Tech Chief and Country Head
Uday Odedra brings more than twenty-three years of experience of working with UBS.
Monday, 09/11/2020 | 10:23 GMT
by
Tom Hazan
News
'Morris Coin' Ponzi Scheme Busted: 36-Year-Old Man Arrested in India
Police were tipped off by someone who was not directly involved in the Ponzi scheme.
Monday, 05/10/2020 | 07:00 GMT
by
Rachel McIntosh
News
Indian Crypto Exchange Dupes Dozens of over $272,000
The local police have now started an investigation into the cryptocurrency exchange and its operators.
Tuesday, 22/09/2020 | 12:55 GMT
by
Arnab Shome
Institutional FX
Standard Chartered Faces $13.6M Fine for Indian Bank Takeover
The British bank did not comply with the local regulatory rules for transactions in the 13-year-old deal.
Tuesday, 08/09/2020 | 07:47 GMT
by
Arnab Shome
News
Binance's 'Build for Bharat' Accelerator Program to Boost DeFi in India
The program is seeking startups working on "Micro Financing Products, Blockchain Datasets, Blockchain-AI Solutions & more.'
Monday, 24/08/2020 | 08:42 GMT
by
Rachel McIntosh
Execution
Equinix Announces Expansion to India with GPX India Acquisition
The company has acquired GPX India in a deal worth $161 million.
Tuesday, 11/08/2020 | 08:20 GMT
by
Celeste Skinner
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Regulation
Multiple Indian Ministries Discussing on a Law to Ban Crypto
The crypto trading volume in the country skyrocketed following the Supreme Court ruling in favor of the exchanges.
Wednesday, 05/08/2020 | 09:56 GMT
by
Arnab Shome
News
Exclusive: OKEx to Launch P2P Crypto Exchange in India
The new platform allows users to buy cryptocurrencies with Indian rupees (INR) without paying any transaction fees.
Tuesday, 04/08/2020 | 16:00 GMT
by
Rachel McIntosh
Payments
Fintech Rapyd Launches Local Payment Services in India
The fintech firm recently launched a similar solution in Mexico.
Thursday, 16/07/2020 | 03:54 GMT
by
Celeste Skinner
News
Ripple Suggests Regulatory Framework for India--And How XRP Could Fit In
Ripple suggested that its on-demand liquidity system (which uses XRP) could be adopted by Indian financial institutions.
Friday, 19/06/2020 | 06:46 GMT
by
Rachel McIntosh
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