2 days ago · 3 min read
Indian banks seek NPCI’s guidance on using UPI for crypto transactions
The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.
Gari DAO taps Chainlink Price Feeds to bring smart contract functionality to Chingari
Chinagari’s integration of Chainlink Price Feeds seeks to empower creators and digital artists worldwide by offering accurate and transparent price data.
India’s Finance Minister says crypto could be used for illicit activities
Sitharaman believes the only way to curb the use of crypto in money laundering and terrorist financing is to regulate the space using technology.
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
India's payment system operator, revealed that it did not know that crypto exchanges were using its services for their operations.
India’s crypto trading volume plunges as new tax rules take effect
Crypto trading volumes soared on March 31 as crypto holders scrambled to close any open positions before the new tax regime took effect on April 1.
Coinbase India debut in doubt following confusion with payment provider
A branch of the Reserve Bank of India refused to accept Coinbase as a trading partner, leaving the firm stuck.
Bitcoin drops below $44k as crypto follows stock market sell off
Continued global unrest may be a crucial factor in a sell-off affecting both stocks and crypto as the chance of Russia defaulting rises to 99%
Trading volume drops as 30% capital gains tax on crypto goes into effect in India
Crypto stakeholders are predicting that the 1% tax on every transaction will affect liquidity within the sector.
Coinbase unveils its aggressive Indian expansion strategy
Tapping into India's software talent to fuel a global expansion.
Former Indian chief minister likens crypto to gambling, calls for higher taxation
An ex-chief minister of India is urging the government to make crypto taxation even stricter to further discourage people from participating in the industry.
Amazon India tweets Decentraland, OnePlus partnership teaser
Amazon India tweeted that "something new is on the horizon" with Decentraland.
Indian Maharashtra state pivots to Polygon for digital caste certificates
A total of 65,000 new documents have been issued using Polygon-based blockchain platform LegitDoc.
The man who owns the world’s most expensive NFT
A glimpse into the mind and motivations of the owner of a $69.3 million NFT.
Romance and dating enter the metaverse on this Indian app
The app markets itself as the only dating app in the world “where you can date, not just match,” and as such wants to play a pioneering role in what it calls a “dating revolution.”
Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide?
A 30% tax on crypto income with no offsetting has investors up in arms. Moreover, similar tax treatment could be rolled out globally in the near future.
SEBI chief asks Indian mutual funds to avoid investing in crypto offerings
Ajay Tyagi, the chief of SEBI, urged Indian mutual funds to refrain from investing in crypto offerings until the government introduces a proper regulatory law.
Indian crypto bill unlikely to be introduced in parliament this winter, report says
The much-awaited cryptocurrency bill is shelved again, as central authorities are yet to finalize changes in the bill.
India’s top bank calls for complete crypto ban
The future of cryptocurrency in India continues to be debated as the Reserve Bank of India (RBI) has insisted that the country needs to ban crypto to protect its economy.