india Archives

The Enforcement Directorate (ED) has taken a significant step in its ongoing investigation into a cryptocurrency scam by filing a charge sheet against 299 entities, including individuals of Chinese origin, under the anti-money laundering law. Exposing the Cryptocurrency Fraud Scheme This charge sheet follows allegations of investor deception related to cryptocurrency mining, including Bitcoin. The […]

The RBI maintains its warning about cryptocurrencies, even though the US SEC has recently given approval for Bitcoin spot ETF trading. Finance Minister Nirmala Sitharaman did not address cryptocurrency regulations and taxes in her Interim Budget speech on February 1. India continues to collaborate with G20 nations to establish a unified global regulatory framework, aligning […]

Bitcoin ETFs: How can Indians invest in Bitcoin ETFs in the US? BitBNS’ Gaurav Dahake answers “The overall trade volume of all the ETFs that have been launched in the US in 2023, has been just say half a billion dollars a month versus Bitcoin ETFs that have traded up to $10 billion in a […]

Jharkhand, an Indian state, has recently become the first in the nation to use blockchain technology for distributing seeds to farmers. This groundbreaking initiative is a collaboration between the Directorate of Agriculture of Jharkhand and SettleMint, a global blockchain technology company. Since its inception in India two years ago, SettleMint has been actively promoting the […]

In the world of digital innovation and decentralized technology, India has emerged as a key player in promoting the growth of decentralized finance (DeFi) services. As of 2022, the DeFi market had already reached a significant size of $13.61 billion, according to the DeFi Technology Adoption Index. India has made remarkable strides in this sector, […]

In a bold move amidst regulatory challenges, Binance, a leading global cryptocurrency exchange, has announced the launch of two new URLs – binance.me and binance.info – specifically tailored for its Indian customer base. This initiative follows the Indian government’s recent measures to block foreign cryptocurrency exchanges, including Binance, due to non-compliance with anti-money laundering regulations. These […]

Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s unwavering stance against cryptocurrencies, even as the US Securities and Exchange Commission approved changes allowing the creation of a bitcoin exchange-traded fund (ETF) in the United States. Das emphasized that the RBI would not follow the path of other countries when it comes […]

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In a move that could significantly impact the cryptocurrency landscape in India, the Financial Intelligence Unit (FIU) of the finance ministry has intensified its regulatory scrutiny. On December 28, the FIU issued directives to major global exchanges like Binance, KuCoin, and seven others, emphasizing the necessity for these entities to register as ‘reporting entities’ in […]

In a surprising and selective response to the Financial Intelligence Unit’s (FIU) recent crackdown on cryptocurrency exchanges, major players like Binance, Kucoin, and OKX have been removed from the Apple iOS Store, while remaining accessible on the Google Play Store. This partial delisting follows the FIU’s directive that these and other global exchanges were operating […]

In a significant development for India’s cryptocurrency market, CoinDCX, a leading crypto exchange, reported a staggering 2000% increase in customer deposits. This surge followed the Indian finance ministry’s action on December 28, when it issued show cause notices to nine major offshore exchanges, including Binance. The offshore exchanges, including names like Binance, Kucoin, Huobi, Kraken, […]

Tag: india

India’s ED Takes Action Against Cryptocurrency Scam, Files Charge Sheet Against 299 Groups

Founder of Catax Expresses Disappointment Over Government’s Silence on Crypto in Budget

How can Indians invest in Bitcoin ETFs? Gaurav Dahake Answers.

Jharkhand Leads India in Agricultural Innovation with First Blockchain-Based Seed Distribution System

Bharat Web3: Leading India’s Financial Decentralization Revolution

Binance Launches New Domains for Indian Customers Amid Regulatory Challenges

RBI Governor Reaffirms Position on Cryptocurrency as US Approves Bitcoin ETF

FIU’s Stance on Crypto Exchanges: A Tough Road Ahead for India’s Crypto Market

Crypto Shake-Up: Apple iOS Drops Top Exchanges, Google Play Unfazed

CoinDCX Sees 2000% Surge in Deposits Amid India’s Crypto Exchange Shakeup

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

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