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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
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
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
Exchanges

Binance Joins India’s Crypto-Asset Exchange Committee IAMAI

  • By joining the association, Binance will lend its efforts to develop the crypto space in India.
Thursday, 18/06/2020 | 03:02 GMT by Celeste Skinner
CryptoCurrency

US Crypto Exchange PayBito Launches in India

  • Indian crypto sector grows after ban lift amid Covid-19 pandemic.
Wednesday, 17/06/2020 | 11:26 GMT by Finance Magnates Staff
News

Is India’s Crypto Industry on the Brink of a Ban or a Boom?

  • This week, rumours of another possible blanket ban on crypto in India emerged. What next?
Wednesday, 17/06/2020 | 11:06 GMT by Rachel McIntosh
News

Indian Government Plans to Bring a Law Banning Crypto

  • The central bank’s attempt to curb the industry failed with court intervention.
Friday, 12/06/2020 | 09:18 GMT by Arnab Shome
News

CoinDCX Banks $2.5 Million from Polychain, Coinbase Ventures

  • Polychain Capital also invested previously in the crypto exchange.
Tuesday, 26/05/2020 | 06:39 GMT by Arnab Shome
Interviews

India’s Crypto Industry at a Pivotal Point Amid Market Turmoil - CoinDCX

  • The firm talks about untapped potential in the country's crypto space and a need for greater clarity in regulation
Friday, 22/05/2020 | 10:59 GMT by Finance Magnates Staff
News

BitGo to Provide Custody Services to Indian Crypto Exchange CoinDCX

  • With BitGo Custody, all cryptocurrencies on CoinDCX will be secured in omnibus and segregated hot and cold wallets
Thursday, 14/05/2020 | 13:40 GMT by Finance Magnates Staff
News

CoinSwitch to Launch Mobile-Based Crypto Exchange in India

  • The platform will go live on June 1.
Wednesday, 06/05/2020 | 11:02 GMT by Arnab Shome
News

Indian Crypto Exchanges Seek Tax Clarification from Regulator

  • The central bank is yet to issue updated guidelines on crypto following court victory of the exchanges.
Monday, 04/05/2020 | 12:24 GMT by Arnab Shome
News

Facebook Buys $5.7B Worth Stake in India’s Jio Platforms

  • The two companies are now looking to develop digital solutions for the country’s 60 million small businesses.
Wednesday, 22/04/2020 | 08:41 GMT by Arnab Shome
News

CoinDCX Raises $3 Million in a Polychain-Led Funding Round

  • The exchange will utilize the funds to expand its product line.
Tuesday, 24/03/2020 | 09:27 GMT by Arnab Shome
News

Tim Draper 'Hopes' to Fund Indian Bitcoin & Crypto Startups

  • New life has been pumped into India's crypto industry following the lifting of an industry banking ban.
Monday, 23/03/2020 | 10:08 GMT by Rachel McIntosh
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