Indian Finance minister announced plans to develop Crypto SOPs. Minister claims no single nation can regulate the crypto sector on its own. She emphasized the need for international cooperation. India‘s...
Sitharaman pointed out that G-20 or the World Bank, are assessing crypto assets. She said that no single country can effectively handle or regulate crypto assets. G20 countries have concerns...
The Reserve Bank of India proposes its own CBDC concept The Indian CBDC aims to be a legal tender that exchanges at a one-to-one ratio with the Indian Rupee. Notably,...
Reserve Bank of India released a 50-page concept note for CBDC launching. The country will establish a retail and wholesale CBDC to simplify transactions. The Indian crypto community does not...
WazirX fired its entire public policy and communication team last Friday. A estimated 50 to 70 workers, representing 40% workforce, were sacked. The company pinned blames on the bear market....
Regulatory ambiguity and new tax rules could disrupt India’s current crypto ranking. The country will determine its regulatory stance next year. India is currently the fourth country when it comes...
The founder of the crypto investment platform BitConnect, Satish Kumbhani, is being investigated in India. This is not the first time that the founder of BitConnect has faced legal action....