India Moves to Ban Private Cryptos, Favors Central Bank Digital Currency
The Indian government is considering a ban on private cryptocurrencies such as Bitcoin and Ether. Key institutions and regulators argue that the
Indian National Faces Five Years in Jail for $20M Crypto Fraud
A citizen of India has been sentenced to five years in prison for orchestrating a crypto fraud that stole over $20 million
India Crypto Adoption Surges at Global Grassroots Level Despite Regulatory Hurdles
India crypto adoption is leading the way in global grassroots movements, despite facing evolving regulations and high taxes. The region, which includes
India Battling Cyber Slavery and Human Trafficking in Southeast Asia
Cyber slavery has reportedly entrapped tens of thousands of Indians across several countries in Southeast Asia. They are forced to work for
India’s Enhanced AML/CFT Framework Gets Praise from FATF
The Financial Action Task Force (FATF), along with the Asia/Pacific Group on Money Laundering (APG) and Eurasian Group on Combating Money Laundering
India Maintains Top Position in Global Crypto Adoption
India remains a global leader in grassroots cryptocurrency adoption, according to the 2024 Global Crypto Adoption Index released by Chainalysis. The report
India’s Blockchain Revolution: MeitY Launches Vishvasya and NBFLite
The Indian government has recently unveiled the Vishvasya-Blockchain Technology Stack, one of the most substantial blockchain initiatives in the country. This is
Two Offshore Crypto Exchanges Near Approval to Operate in India
India’s Financial Intelligence Unit (FIU) is considering allowing two more offshore cryptocurrency exchanges to resume operations in the country. The FIU, which
Crypto Exchange Mudrex Wins Court Battle to Shut Down 38 Scam Websites
Indian cryptocurrency exchange Mudrex recently achieved a significant legal victory in its fight against online scammers. The exchange asked India’s Ministry of
Indian Crypto Exchange WazirX Rolls Out Partial INR Withdrawals
Crypto exchange WazirX announced on Monday that it has initiated Phase 1 of INR withdrawals, allowing eligible users to withdraw up to
