India

India

Buterin, Srinivasan Donate to COVID Relief Fund for India ‘Shaken’ by Second Wave

Buterin donated more than $600,000 in crypto while Srinivasan donated $50,000 and pledged up to $100,000 more.

News  ·  25 April 2021
Bitcoin

Firms Like Ripple May Put ‘Competitive Pressure’ on Traditional Indian Banks: EY

A new paper from Ernst & Young for India’s competition regulator underscores that blockchain companies may be competitors to established Indian banks.

Policy & regulation  ·  20 April 2021
Newsletters

The Node: Balaji’s Blueprint for India

A proposal to integrate digital wallets into India's national software stack shows how crypto could go mainstream with government help.

Policy & regulation  ·  13 April 2021
Newsletters

Indians Want Bitcoin Despite Government Stance

Bitcoin has a tendency to show up the weakness of governments in the face of technology. This is nowhere more true than in India.

People  ·  30 March 2021
Regulation

Indian Crypto Firms Suggest Policy Ideas to Government Ahead of Possible Ban

Exchanges including WazirX, CoinDCX and others are presenting government officials with their vision for how India should regulate crypto.

Policy & regulation  ·  30 March 2021
Regulation

India’s Millennials Embrace Digital Gold Despite Proposed Bitcoin Ban

A crypto ban is hovering above India, but the country's younger generations are still excited about bitcoin.

Policy & regulation  ·  29 March 2021
CoinFlash

Indian Government Says Companies Must Disclose Crypto Holdings

New language is being added to the country's Companies Act of 2013.

News  ·  25 March 2021
Coinbase

Coinbase to Open India Branch Even as Potential Ban on Crypto Looms

The exchange wants "a business presence in India...housing some IT services, including engineering, software development and customer support."

News  ·  25 March 2021
CBDC

RBI Is Assessing Digital Rupee’s Impact on Financial Stability, Says Governor Shaktikanta Das

The RBI is examining the impact of the digital rupee on the financial stability in the economy.

News  ·  25 March 2021
Exchanges

India May Block IP Addresses of Crypto Exchanges: Report

The claim comes via a source of an Indian business magazine.

Policy & regulation  ·  22 March 2021
Cryptocurrency

Indian Government Officials Give Mixed Signals Over Planned Crypto Legislation

As one government official says the planned legislation would completely ban cryptocurrency use, another stresses that is not the case.

News  ·  15 March 2021
CoinFlash

India’s Internet and Mobile Association Calls for Crypto Regulation, Not Ban

The association said India could benefit from a "robust" regulatory regime for digital assets.

Policy & regulation  ·  10 March 2021
Cryptocurrency

India Needs to Assess Crypto Risks Before Deciding Whether to Ban, Minister Says

India’s Minister of State for Finance Anurag Thakur said the government needs to study national security risks posed by virtual currencies before making any decision on their legality.

News  ·  7 March 2021
CBDCs

India’s Central Bank Sees Pros and Cons With National Digital Currency

A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.

Policy & regulation  ·  1 March 2021
CoinFlash

India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks

Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.

Policy & regulation  ·  24 February 2021