The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms.
An only-partial court victory and the possibility of legislation banning crypto mean the industry’s legal status in India remains vulnerable.
The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.
With India's Supreme Court overturning a ban on cryptocurrencies, the blockchain industry has a large new resource of customers and developers.
Indian Supreme Court’s decision to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country.
Mumbai-based CoinDCX became the first platform in India to fully integrate bank account transfers.
The Supreme Court of India has ruled against a decision imposed by the country's central bank nearly two years ago that stifled crypto trading in Asia's third-largest economy.
India is developing an appetite for crypto derivatives, even as the country's Supreme Court continues to deliberate over the future of the exchange industry.
Through the partnership the firms will launch a new futures trading platform in India, providing OKEx with a foothold in a high-potential market.
The Indian state of Telangana is to launch a dedicated blockchain incubator with assistance from top educational institutions.
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.
Binance has made a move into India's potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.
India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.
The panel also encouraged some distributed ledger projects including a government-owned cryptocurrency.
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.