india Archives

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Binance and the Delhi Police announced on Tuesday that they successfully collaborated to dismantle a large-scale renewable energy scam in India. The joint effort led to the seizure of over $100,000 in USDT from fraudsters connected to a fake solar company. The scam misled many unsuspecting investors by falsely claiming to support India’s renewable energy […]

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India is set to unveil a discussion paper on its crypto policy by September, as announced by Economic Affairs Secretary Ajay Seth. The paper aims to gather feedback from relevant stakeholders on proposed regulations to foster the growth of the crypto market. Expanding Regulatory Scope Seth highlighted that, at present, cryptocurrencies in India are regulated […]

India’s CoinDCX has acquired the Dubai-based crypto trading platform BitOasis, aiming to broaden its reach into new markets. The Indian exchange previously invested in BitOasis in August 2023. Rapid Growth and Strategic Investments Since its inception in 2018, CoinDCX has grown to serve over 15 million users and offers more than 500 crypto assets, with […]

Financial Penalty Imposed by India’s FIU The Financial Intelligence Unit (FIU) of India has levied a substantial fine of $2.2 million (approximately Rs 18.82 crore) on Binance, the largest global cryptocurrency exchange. Conditional Approval Granted to Restart Services Binance has received conditional approval from India’s anti-money laundering agency to restart its operations in India, following […]

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Renewed Leadership in India’s Finance Ministry India recently wrapped up its general elections on June 1, with results paving the way for Narendra Modi’s third consecutive term as Prime Minister. Nirmala Sitharaman, now re-assigned as the finance minister after her initial stint in 2019, rejoins Modi’s cabinet. The Indian crypto community offers varied responses to […]

Binance has recently implemented a policy change in India, discontinuing the option for cash deposits in peer-to-peer (P2P) cryptocurrency transactions. This move blocks Indian users from buying or selling cryptocurrencies using cash payments. Binance Ends Cash Payment Method For P2P Users in India Previously, Binance offered an escrow service that facilitated transactions once cash had […]

Pakistan has secured a position in the top 10 most crypto-friendly nations, ranking 10th, while India is close behind at 11th place by just one point. Despite its rapidly advancing tech industry and a tech-savvy populace, India falls just short of its neighbor Pakistan in the roster of the most crypto-friendly nations. Pakistan has claimed […]

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SUMMARY: Cashaa announced that its upcoming crypto wallet will enable users to buy, store, earn, and take loans against their cryptocurrency deposits in their respective local currencies. The company has also declared that it will cease its banking services for crypto and other “high-risk businesses.” In 2022, Cashaa exited from Unicas in India, a joint […]

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In an official update shared on X, the cryptocurrency exchange based in Seychelles announced its plan to initiate a one percent Tax Deducted at Source (TDS). India has been intensifying its efforts to ensure investor safety within the crypto sector. KuCoin recently joined other international exchanges in complying with India’s Financial Intelligence Unit (FIU). In […]

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SEBI Chief Madhabi Puri Buch highlights the need for instant settlement in traditional markets to prevent investors from shifting to cryptocurrency. SEBI’s head states traditional markets need instant settlements to compete with crypto. “Investors are likely to move to crypto if traditional markets cannot offer tokenization and instantaneous settlement,” said SEBI’s Madhabi Puri Buch. The […]

Tag: india

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Crypto Policy Discussion Paper To Release Before September

Indian Crypto Exchange Coindcx Acquires Dubai’s BitOasis

Crypto Exchange Binance to Pay $2.25M Fine From India’s FIU

India’s Finance Minister’s Return Leads to Crypto Tax Speculation

Binance Ends Cash Payment Method for P2P Crypto Transactions in India

India is Behind Pakistan in Crypto Adoption, US Ranked Second in Crypto-Friendly Nations

𝐔𝐊-𝐁𝐚𝐬𝐞𝐝 𝐂𝐚𝐬𝐡𝐚𝐚 𝐒𝐞𝐭 𝐭𝐨 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞 𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐚𝐥𝐥𝐞𝐭 𝐢𝐧 𝐒𝐞𝐯𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐬, 𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚

𝗞𝘂𝗖𝗼𝗶𝗻 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝘀 𝗙𝗜𝗨 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗮𝗻𝗱 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗧𝗗𝗦 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻

India’s Market Regulator Urges Instant Settlements to Compete with Crypto

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

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