India Crypto News
Learn about the latest India blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West
Indian central bank on track to launch retail CBDC pilot next month
The retail e-rupee, which will be interoperable with existing payment methods, will be hosted by the National Payments Corporation of India.
CryptoSlate Wrapped Daily: Grayscale taking SEC to court over spot BTC ETF, CoinCenter sues US Treasury for Tornado Cash ban
Arbitrium's Offchain Labs acquires leading Ethereum client, 21Shares launches its spot BTC ETP in Dubai, and much more in this edition of CryptoSlate Wrapped Daily.
Polygon powers new Indian police complaints portal
Residents will be able to register complaints in an immutable and transparent manner i.e. registered complaints cannot be deleted or edited.
Reserve bank of India outlines CBDC blueprint
The RBI released a concept paper that outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project.
CryptoSlate Wrapped Daily: Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console
Binance launches Global Advisory Board to support responsible regulation of crypto, Russia's regulators agree to allow crypto use in international payments and much more in this edition of CryptoSlate Wrapped Daily.
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India's WazirX, following the footsteps of the exchange giant Binance, said it will de-list USDC, USDP and TUSD on Sept. 26.
India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks
The Reserve Bank of India (RBI) is currently consulting fintech companies and asked four public sector banks to pilot India's CBDC project later this year.
India’s ED freezes $46 million of Vauld’s funds on money-laundering charges
Vauld's entity in India failed to conduct due diligence on funds sent through the exchange and was uncompliant with India's Enforcement Directorate.
Binance to cease off-chain transfers for WazirX
Binance has moved to disable off-chain transfer options with WazirX as ownership feud continues.
Binance moves to dissociate self from WazirX over recent allegations
CZ and Nischal Shetty have been involved in an exchange of words over Binance acquisition of WazirX.
India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe
The Indian regulator claimed WazirX provided contradictory and ambiguous information throughout its investigation.
Binance-owned WazirX under investigation in India over alleged money laundering
The India-based exchange, which operates as an independent subsidiary of Binance, allegedly violated the provisions of the Foreign Exchange Management Act, 1999.
India’s finance minister says punitive crypto taxes will remain in force
Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.
Reserve Bank of India renews calls for crypto ban
India flips anti-crypto once more citing the destabilizing effect of digital assets on fiscal stability.
India is investigating crypto exchanges compliance to foreign exchange laws
The top executives of several exchanges operating in the country have been summoned by the authorities.
India’s crypto tax impacted trading frequency of 83% of traders, says survey
India's 30% tax on cryptocurrencies has negatively impacted trader sentiment — a new survey shows just how much.