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Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
14.5.2024
Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile experience while traversing the Web3 space,...
House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded
13.5.2024
U.S. President Joe Biden may block the U.S. House of Representatives’ decision
Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
13.5.2024
Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions
Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit
10.5.2024
Binance and KuCoin have received approval from India's anti-money laundering unit after the two exchanges were banned for operating illegally within the country.
The post Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit appeared first on Cryptonews
Binance obtains FIU approval for India return
10.5.2024
Besides Binance and KuCoin, several other platforms received the regulatory notice in December last year followed by a ban in January this year
Binance, KuCoin Win Registration With India's Financial Intelligence Unit
10.5.2024
KuCoin has paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with India's FIU
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
8.5.2024
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor...
India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability
7.5.2024
The Reserve Bank of India is reportedly working to expand the use of its Central Bank Digital Currency by actively developing an offline transfer capability.
The post India’s Central Bank Working To Boost Retail CBDC Volume Through Offline Capability appeared first on Cryptonews
Vodafone looks to integrate crypto wallets with sim cards
4.5.2024
The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt
India’s CBI Conducts Nationwide Search Operation in Crackdown on App-Based Crypto Investment Fraud
1.5.2024
The CBI in India has launched a nationwide search operation as part of an ongoing investigation into an app-based crypto fraudulent investment scheme.
The post India’s CBI Conducts Nationwide Search Operation in Crackdown on App-Based Crypto Investment Fraud appeared first on Cryptonews
Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App
1.5.2024
The app – “E-Nugget” – masqueraded as a gaming platform, reportedly enticed gamers, promising multi-fold returns on their investments.
The post Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App appeared first on Cryptonews
India and US Team Up To Tackle $360M Crypto-Funded Drug Ring
30.4.2024
Indian and US authorities teamed up in a search operation in Uttarakhand to uncover a $360 million crypto-funded drug ring.
The post India and US Team Up To Tackle $360M Crypto-Funded Drug Ring appeared first on Cryptonews
Survey Reveals 45% of Indian Users with Retirement Plans Are Investing in Crypto
30.4.2024
A recent survey conducted by Mudrex has unveiled that nearly half of individuals with retirement plans in India have entered the realm of cryptocurrencies.
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PUBG Pulls A Fortnite, Revives Original Map For Limited Time
25.4.2024
While Epic Games’ now ubiquitous battle royale shooter Fortnite may dominate the genre, it was PlayerUnknown’s Battlegrounds that started the trend. Originally released in 2013 as a mod for military shooter Arma 2 and its sequel Arma 3, the full game was released in 2017 mere months before Fortnite...
What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?
24.4.2024
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term
$11M Seized from Top British-Indian Businessman in Multi-Million Dollar Bitcoin Scam
18.4.2024
India’s law enforcement authorities confiscated properties worth $11m owned by businessman Raj Kundra as part of an investigation related to an alleged Bitcoin scam.
The post $11M Seized from Top British-Indian Businessman in Multi-Million Dollar Bitcoin Scam appeared first on Cryptonews
Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement
18.4.2024
Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian...
Binance Could Come Back to India by Paying $2M Fine: Report
18.4.2024
The exchange could return as a FIU-registered firm after paying the fine, the report added
Binance Plots Comeback to India with $2M Penalty: Report
18.4.2024
Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday.
The post Binance Plots Comeback to India with $2M Penalty: Report appeared first...
India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars
9.4.2024
India now has a thriving Web3 ecosystem with over 1,000 startups in the space, a report published by Hashed Emergent on Tuesday showed.
The post India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars appeared first on Cryptonews