Please search here…
India
Altcoin News
India
Altcoin News

Breaking: Indian Securities Regulator Bars Financial Advisors From Advising on Crypto

The Securities and Exchange Board of India (SEBI) has issued a circular addressed to investment financial advisors in the country, barring them from offering any financial advice on cryptocurrencies and similar unregulated markets. SEBI in its circular noted that investment advisors have been found involved in unregulated activity by advising clients on crypto market investment.

The Securities and Exchange Board of India (SEBI) has issued a circular addressed to investment financial advisors in the country, barring them from offering any financial advice on cryptocurrencies and similar unregulated markets. SEBI in its circular noted that investment advisors have been found involved in unregulated activity by advising clients on crypto market investment.

Bitcoin News
Bitcoin News

Andreessen Horowitz Invests In India’s CoinSwitch Kuber Making It the Country’s Second Crypto Unicorn

India’s crypto trading startup CoinSwitch Kuber gets the unicorn status after a fresh round of investment led by venture capital giant Andreessen Horowitz (a16z). This is the first investment by a16z in India which shows its confidence in the country’s rapidly emerging crypto market. Andreessen Horowitz (a16z) along with Coinbase Ventures has co-led an investment

India’s crypto trading startup CoinSwitch Kuber gets the unicorn status after a fresh round of investment led by venture capital giant Andreessen Horowitz (a16z). This is the first investment by a16z in India which shows its confidence in the country’s rapidly emerging crypto market. Andreessen Horowitz (a16z) along with Coinbase Ventures has co-led an investment

India
Uncategorized
India
Uncategorized

Chainalysis Report: India tops the Global Crypto Index in virtual currency usage

The latest virtual currency adoption report by blockchain-based analysis firm, Chainalysis noted that India is among the top three countries with the most cryptocurrency usage according to the Global Crypto Adoption Index. The report stated that the Central and Southern Asia and Oceania (CSAO) region has risen as the dark horse of crypto adoption, with

The latest virtual currency adoption report by blockchain-based analysis firm, Chainalysis noted that India is among the top three countries with the most cryptocurrency usage according to the Global Crypto Adoption Index. The report stated that the Central and Southern Asia and Oceania (CSAO) region has risen as the dark horse of crypto adoption, with

India
News
India
News

The Indian Finance Minister warns regulators about Crypto. Here’s what she said

Finance minister Nirmala Sitharaman argued that the government’s extra cautious nature towards crypto could be a risky choice that may curb “a futuristic thing”. She highlighted that the government is going through rigorous consultations on the issue of cryptocurrencies in India and that they are also considering the Reserve Bank of India’s POV. “This is

Finance minister Nirmala Sitharaman argued that the government’s extra cautious nature towards crypto could be a risky choice that may curb “a futuristic thing”. She highlighted that the government is going through rigorous consultations on the issue of cryptocurrencies in India and that they are also considering the Reserve Bank of India’s POV. “This is

Fund raise
Blockchain News
Fund raise
Blockchain News

Breaking: Indian Crypto Exchange Eyes $2 Billion Valuation With a16z Backing

Andreessen Horowitz (a16z), one of the most influential venture capital firms is reportedly in advance talked with an Indian crypto exchange Coinswitch Kuber to close a $100-$200 million funding round. According to the sources, if the estimated funding goals are reached, the Indian crypto exchange could see a four-fold increase in its valuation from the

Andreessen Horowitz (a16z), one of the most influential venture capital firms is reportedly in advance talked with an Indian crypto exchange Coinswitch Kuber to close a $100-$200 million funding round. According to the sources, if the estimated funding goals are reached, the Indian crypto exchange could see a four-fold increase in its valuation from the

India
News
India
News

Breaking: Indian Government Favors Taxing Cryptocurrency Over Ban

The Indian cryptocurrency ecosystem breathed a sigh of relief on Monday, as an ET report claimed that the government authorities might tax crypto transactions and exchanges in the near future. Insider sources told the publication that the tax department favors taxation instead of an outright ban. However, the taxation of crypto assets won’t make it

The Indian cryptocurrency ecosystem breathed a sigh of relief on Monday, as an ET report claimed that the government authorities might tax crypto transactions and exchanges in the near future. Insider sources told the publication that the tax department favors taxation instead of an outright ban. However, the taxation of crypto assets won’t make it

News
News

Indian Central Bank Could Kickstart Digital Rupee Trials By Year-End

Similar to other top economies, India’s central bank – the Reserve Bank of India (RBI) – is looking to start experimenting with the central bank digital currency (CBDC). RBI governor Shaktikanta Das recently appraised CNBC stating that RBI will begin trial for the Digital Rupee by the end of this year. Thus, it will put

Similar to other top economies, India’s central bank – the Reserve Bank of India (RBI) – is looking to start experimenting with the central bank digital currency (CBDC). RBI governor Shaktikanta Das recently appraised CNBC stating that RBI will begin trial for the Digital Rupee by the end of this year. Thus, it will put

Fundstrat-regulatory-clean-up-cryptocurrency
News
Fundstrat-regulatory-clean-up-cryptocurrency
News

Indian Crypto Exchange Partners With Ad Regulator to Bring Credibility to Crypto Advertisements

CoinDCX, a Mumbai-based crypto exchange has partnered with the Advertising Standards Council of India (ASCI), a voluntary self-regulatory body in the ad industry. The partnership aims to bring more credibility and transparency to crypto advertisements. The decision seems to be influenced by the recent Delhi High court orders that asked publishers to put necessary disclaimers

CoinDCX, a Mumbai-based crypto exchange has partnered with the Advertising Standards Council of India (ASCI), a voluntary self-regulatory body in the ad industry. The partnership aims to bring more credibility and transparency to crypto advertisements. The decision seems to be influenced by the recent Delhi High court orders that asked publishers to put necessary disclaimers

India
News
India
News

Is Indian Govt. Planning to ‘Eliminate’ Use Of Crypto?

Indian government addressed the issue of crypto assets today. It emphasized the aim to eliminate the use of crypto assets in funding illegitimate activities or as part of the payment system. In a letter, replying to the Rajya Sabha, Minister of State for Finance, Pankaj Chaudhary stated that the government is investigating the blockchain system

Indian government addressed the issue of crypto assets today. It emphasized the aim to eliminate the use of crypto assets in funding illegitimate activities or as part of the payment system. In a letter, replying to the Rajya Sabha, Minister of State for Finance, Pankaj Chaudhary stated that the government is investigating the blockchain system

CoinDCX
Blockchain News
CoinDCX
Blockchain News

CoinDCX Becomes First Indian Crypto Exchange to Attain Unicorn Status

CoinDCX, a popular Indian crypto exchange has joined the Unicorn club after their latest funding round. Coingape reported earlier that the exchange was in talks with several investors to raise $120 million. It has raised $90 million in its Series C funding round giving it a valuation of $1.1 billion, making it the first Indian

CoinDCX, a popular Indian crypto exchange has joined the Unicorn club after their latest funding round. Coingape reported earlier that the exchange was in talks with several investors to raise $120 million. It has raised $90 million in its Series C funding round giving it a valuation of $1.1 billion, making it the first Indian

News
News

CBDC India: RBI plans to launch digital Fiat model before 2022

In a recent development about the status of India’s Central Bank Digital Currency, Deputy Governor T. Rabi Sankar confirmed today that the Reserve Bank of India (RBI) is planning to launch its model for operations of fiat digital currencies by the end of 2021. “It will be difficult to pin a date on it (introducing

In a recent development about the status of India’s Central Bank Digital Currency, Deputy Governor T. Rabi Sankar confirmed today that the Reserve Bank of India (RBI) is planning to launch its model for operations of fiat digital currencies by the end of 2021. “It will be difficult to pin a date on it (introducing

Binance
Blockchain News
Binance
Blockchain News

Breaking: Binance May Face Investigation in the $134 Million Money Laundering Case in India

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

Blockchain News
Blockchain News

Indian Crypto Exchange CoinDCX Looking to Raise $120 Million: Report

Indian crypto exchange CoinDCX could become the next crypto unicorn as reports suggest the crypto exchange is in talks to close a $100-$120 million funding round. The crypto exchange had closed a $13.9 million Series B funding round in December last year. The exchange raised a total of $19.4 million throughout 2020. The completion of

Indian crypto exchange CoinDCX could become the next crypto unicorn as reports suggest the crypto exchange is in talks to close a $100-$120 million funding round. The crypto exchange had closed a $13.9 million Series B funding round in December last year. The exchange raised a total of $19.4 million throughout 2020. The completion of

News
News

Indian Central Bank to issue CBDC in phases: Deputy Governor

Reserve Bank of India (RBI), the Indian central bank is planning a phased roll-out of the central bank-issued digital currencies (CBDC), revealed RBI deputy governor T Rabi Sankar. The phased roll-out plan has been discussed keeping the changes required in the nation’s foreign exchange rules and information-technology laws. “Like other central banks, RBI has also been

Reserve Bank of India (RBI), the Indian central bank is planning a phased roll-out of the central bank-issued digital currencies (CBDC), revealed RBI deputy governor T Rabi Sankar. The phased roll-out plan has been discussed keeping the changes required in the nation’s foreign exchange rules and information-technology laws. “Like other central banks, RBI has also been

News
News

ED issues ‘crypto withdrawals’ Notice Against WazirX; Why it is critical for Indian ecosystem?

Indian regulatory watchdog Enforcement Directorate (ED) issued a notice against India’s largest crypto exchange WazirX asking them why withdrawals from the crypto wallet are not a violation of India’s Foreign Exchange Management Act (FEMA), as per a report in ET. The notice from the financial watchdog comes at a crucial juncture in terms of crypto

Indian regulatory watchdog Enforcement Directorate (ED) issued a notice against India’s largest crypto exchange WazirX asking them why withdrawals from the crypto wallet are not a violation of India’s Foreign Exchange Management Act (FEMA), as per a report in ET. The notice from the financial watchdog comes at a crucial juncture in terms of crypto

News
News

Breaking: Indian High Court calls for “standardized disclaimers’ on crypto advertisements

Delhi High Court has issued a notice on the plea filed against cryptocurrency advertisements in India; the court has asked concerned regulatory bodies to take note of the matter and issue guidelines for standardized disclaimers on the ads in the public interest. The Divisional Bench of Justice DN Patel and Justice Jyoti Singh has notified the

Delhi High Court has issued a notice on the plea filed against cryptocurrency advertisements in India; the court has asked concerned regulatory bodies to take note of the matter and issue guidelines for standardized disclaimers on the ads in the public interest. The Divisional Bench of Justice DN Patel and Justice Jyoti Singh has notified the

News
News

Fate of Indian Crypto Bill uncertain: Left out of Monsoon Session of Parliament

It looks like that cabinet note for the Indian cryptocurrency bill will not be tabled in the Monsoon session of the Parliament after it missed the dice to 17 other new bills. This is not the first time that the bill’s movement has been delayed. Earlier in the Budget session of the year, the crypto

It looks like that cabinet note for the Indian cryptocurrency bill will not be tabled in the Monsoon session of the Parliament after it missed the dice to 17 other new bills. This is not the first time that the bill’s movement has been delayed. Earlier in the Budget session of the year, the crypto

India
Blockchain News
India
Blockchain News

Crypto Bank Cashaa Could Become a Saviour for Indian Exchanges on Debut

Cryptocurrency bank Cashaa has announced its launch in India during the upcoming month of August in the states of New Delhi, Gujarat, and Rajasthan. Cashaa has shared plans of expansion into the Indian territory with the states of Maharashtra, Uttar Pradesh, and West Bengal in the second phase of their scheme. The crypto bank could

Cryptocurrency bank Cashaa has announced its launch in India during the upcoming month of August in the states of New Delhi, Gujarat, and Rajasthan. Cashaa has shared plans of expansion into the Indian territory with the states of Maharashtra, Uttar Pradesh, and West Bengal in the second phase of their scheme. The crypto bank could

India
Bitcoin News
India
Bitcoin News

Crypto Money Laundering Racket Involving Pakistan busted in India

A Chartered Accountant from Gurugram in India, a company secretary and two businessmen were arrested by Madhya Pradesh Police’s cyber crime cell on Tuesday evening. The accused had carried out transactions worth Rs 50 crores (~$6.6 Million) in relation to a racket that involved sending money to Pakistan through cryptocurrency. Yogesh Chaudhary,additional director general of

A Chartered Accountant from Gurugram in India, a company secretary and two businessmen were arrested by Madhya Pradesh Police’s cyber crime cell on Tuesday evening. The accused had carried out transactions worth Rs 50 crores (~$6.6 Million) in relation to a racket that involved sending money to Pakistan through cryptocurrency. Yogesh Chaudhary,additional director general of

News
News

Indian Finance Minister Says Cabinet Note Ready on Crypto Bill

Nirmala Sitharaman, the Indian finance minister in her latest interview gave an insight into the long-pending crypto bill. She revealed the cabinet note for the crypto bill is ready and has been prepared after taking inputs from the stakeholders of the industry. The Indian crypto bill was listed during the last budget session of the

Nirmala Sitharaman, the Indian finance minister in her latest interview gave an insight into the long-pending crypto bill. She revealed the cabinet note for the crypto bill is ready and has been prepared after taking inputs from the stakeholders of the industry. The Indian crypto bill was listed during the last budget session of the