India’s Securities Watchdog to Launch System for Monitoring Financial Instruments

The move marks a significant step for the use case of blockchain technology within India's financial ecosystem.

News  ·  26 August 2021

Stock and Crypto Investor Sign-Ups Jump 45% Year-on-Year Across Rural India: Report

The uptick in new user registrations is a 45% increase to 70 million when compared to the year prior, according to BSE stock exchange data.

News  ·  24 August 2021

Crypto Exchange CoinDCX Hits Unicorn Status in India First: Report

Funding will be used to double the exchange's staff to 400 employees.

News  ·  10 August 2021

Indian Authorities to Question Binance on Laundering of Betting Proceeds: Report

The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months.

News  ·  30 July 2021
Funding Rounds

CoinDCX in Talks With Facebook Co-Founder to Raise Up to $120M: Report

The funding round would accord the Indian company unicorn status, with a valuation of more than $1 billion.

News  ·  29 July 2021

India’s ICICI, Axis and HDFC Bank Take Stakes in Blockchain Startup IBBIC: Report

All three have holdings in excess of 5% in the company, which develops distributed ledger technology products for Indian financial services.

News  ·  27 July 2021

NFTs Are Coming to India’s Flourishing Art Market

Auction houses are struggling to cater to India’s growing appetite for art, and with 624 million internet users in India, NFTs could be the perfect disruptor.

Opinion  ·  24 July 2021

India’s Central Bank Considering Pilot Programs for CBDC: Report

Deputy Governor T. Rabi Sankar said a CBDC would reduce the use of cash and protect citizens from the volatility of cryptocurrencies.

News  ·  22 July 2021

Indian High Court Seeks Disclaimers on Crypto Advertising

The High Court of Delhi is seeking responses and has scheduled the matter for discussion in August.

News  ·  14 July 2021

India’s ICICI Bank Stops Customers From Making Overseas Crypto Investments

ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.

News  ·  13 July 2021

Indian Exchanges Unfazed by Current Crypto Bear Market: Report

Despite the downturn, exchanges say they are looking to build up their infrastructure for when the next big boom in crypto rolls around.

News  ·  9 July 2021

Coinbase to Woo India Recruits With $1,000 in Crypto

The exchange's aim is that recruits will use the incentive to learn about crypto.

News  ·  5 July 2021

Tech Mahindra Joins StaTwig in Global Vaccine-Tracing Blockchain

The firms say the blockchain can improve transparency and prevent failures in global vaccine supply chains.

News  ·  5 July 2021

India Could Hit International Crypto Exchanges With Additional 18% Tax: Report

Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.

News  ·  2 July 2021

India May Have Quietly Shown Its Hand on Crypto Regulation

A recent enforcement action against Wazir-X, India's largest exchange, offers a glimpse of how regulators might eventually treat cryptocurrency there.

Policy & regulation  ·  1 July 2021