Regulation
Indian central bank says there is no ‘upside’ to legalizing crypto
RBI reinforces its stance against cryptocurrency integration in the Indian financial system.
Assad Jafri 2 min read
India News
Coverage of taxation, regulation, Web3 startups, and national digital payments shaping India’s crypto scene.
Coverage footprint 0.7%
Top India Stories
Exchanges
India to launch global crypto-crime detection database by 2024
The primary objective of this database is to equip law enforcement agencies with the tools to track and compile data regarding illicit cryptocurrency activities.
Contributor
Regulation
Op-ed: India’s dalliance with crypto ends in a win-win situation
G20's endorsement triggers transformative shift in India's stance on crypto assets.
Latest India Crypto News & Analysis
Regulation
G20 calls for ‘swift’ creation of crypto tax reporting rules and info exchange
India and other countries want a Crypto Asset Reporting Framework by 2027.
Stablecoins
Global Stablecoins need governing body, pose risk to financial stability says IMF, FSB in new G20 report
IMF and FSB map out global crypto regulatory roadmap to bolster financial stability and integrity.
Scams
Indian authorities arrest ringleaders of $120M crypto scam
The organizers ran extensive scams disguised as promotional events on hundreds of thousands of victims.
Partnerships
BlackRock aims to democratize digital investments in India, amid growing BTC rumors
BlackRock ventures into India, joining forces with Jio Financial Services to democratize digital investment solutions.
Exchanges
‘Minor technical glitch’ at Bitbns stirs panic after customer accounts temporarily show zero balance
Bitbns said that the issue was caused by a technical error during an upgrade and has been resolved.
CBDCs
Reserve Bank of India expects to reach 1M CBDC users in June
Reserve Bank of India governor reported relative success in the retail e-rupee CBDC pilot.
