Exchanges
WazirX deems Binance allegations ‘false’ and ‘unsubstantiated’
WazirX said it was taking the necessary steps to seek recourse and protect its legal rights against the actions taken by Binance.
Oluwapelumi Adejumo 1 min read
India News
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Regulation
India wants consensus on crypto regulation among G20 members this year
India is working with the Financial Stability Board to bring consensus among G20 members on their approach and roadmap to crypto regulation.
CBDCs
Indian retail giant to accept CBDC payments for goods
Reliance Retail inserted in-store support to its gourmet food chain Freshpik as a first step and will implement it in its other branches.
Latest India Crypto News & Analysis
Banking
Ex-India RBI chief says crypto price collapse will unlock ‘true value’ of crypto
Raghuram Rajan's views stand at odds with that of the current RBI governor, who is pushing for a blanket ban on crypto.
Regulation
India’s central bank governor calls for ban on crypto, compares it to gambling
Shaktikanta Das reiterated his earlier criticisms of the cryptocurrency sector.
Exchanges
WazirX publishes proof of reserves of assets worth $285M
WazirX currently holds about 6.09 trillion SHIBA INU worth $54.6 million, 1,356 BTC worth $23.6 million, and 20,056 ETH worth $26.6 million.
CBDCs
G7 economies move into development stage of CBDCs
G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.
Exchanges
India’s crypto tax could cause CEXs to lose $1.2T trading volume by 2026
In the 9 months following India's 30% crypto tax levy, exchanges cumulatively lost $3.85 billion in trading volume to foreign counterparts.
Regulation
Indian central bank governor calls for crypto ban, champions CBDCs
The Indian central bank governor called for a ban on crypto and said the country should adopt CBDCs instead as they will reduce need for printing fiat currencies.
More India Crypto News Headlines
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
CBDCs
CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Analysis
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
CBDCs
