CBDCs
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.
Christian Nwobodo 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
Christian Nwobodo 2 min read 
Crypto
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.
Exchanges
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.
More India Crypto News & Analysis
CBDCs
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.
Legal
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.
Exchanges
Binance to cease off-chain transfers for WazirX
Binance has moved to disable off-chain transfer options with WazirX as ownership feud continues.
Exchanges
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.
Exchanges
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.
Legal
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.
Latest India Crypto News Headlines
Taxes
India’s finance minister says punitive crypto taxes will remain in force
Politics
Reserve Bank of India renews calls for crypto ban
Regulation
India is investigating crypto exchanges compliance to foreign exchange laws
Taxes