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$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.
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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.
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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
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
6.4.2024
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative...
Bitget Simplifies Crypto Purchases in India, UAE, Mexico with OnRamp Money Partnership
2.4.2024
Crypto exchange Bitget on Tuesday announced a partnership with payment solutions provider OnRamp to streamline the conversion of fiat money into cryptocurrencies.
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Indian Media Leverages Blockchain Tech to Verify General Election News
2.4.2024
A Taiwanese blockchain tech firm is teaming up with journalists to fact-check the upcoming election in India in a battle against digital deception.
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Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
22.3.2024
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government...
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
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Crypto Exchange OKX to End Services in India
21.3.2024
Indian customers will have to withdraw their funds by April 30
Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister
18.3.2024
Bitcoin's record high above $72,000 hasn’t changed the Indian government’s position on crypto, according to Finance Minister Nirmala Sitharaman.
The post Crypto Assets Suitable Only for Trading and Speculation, Not Currency Use: India’s Finance Minister appeared first on Cryptonews
Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
17.3.2024
Indian Finance Minister Nirmala Sitharaman has stated that it is the position of the Indian government that crypto assets cannot be currencies, which are issued by central banks. She clarified that crypto assets can be used for trading, speculation, profit-making, and various other purposes....
20 Video Game TikToks That Prove Why The US Shouldn’t Ban It
14.3.2024
If you haven’t heard, the United States House of Representatives is trying to ban the short-form video app TikTok by forcing it find a new owner that isn’t the China-based company ByteDance, lest it be removed from American app stores because it’s an alleged security risk. It’s unlikely that...
Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says
13.3.2024
The chairperson of India's markets regulator has warned that if it doesn't offer instant settlement investors will move to spaces like the crypto industry
Former Activision Boss Bobby Kotick Wants To Buy Tiktok: Report
11.3.2024
TikTok is in an exceptionally tough spot these days. Despite everyone you know using it for hours on end, the video-sharing app is currently facing legislation that would force its ban in the U.S pending a potential sale, and prospective buyers are lining up. Regrettably, one of these buyers...
Mudrex to Offer US Spot Bitcoin ETFs to Indian Investors
11.3.2024
Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot BTC ETFs to institutional and retail investors in India.
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Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
11.3.2024
Indian cryptocurrency investment platform Mudrex will offer U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors, both institutions and retailers, CEO and co-founder Edul Patel said
This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest
11.3.2024
Core Foundation's $5 million fund aims to further India’s decentralized application ecosystem on Core Chain.
The post This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest appeared first on Cryptonews
India Hosts Nearly 8 Million Verifiable Government Documents on Blockchains
6.3.2024
India's National Informatics Centre (NIC), a government agency operating under the Ministry of Electronics and IT (MeitY), has hosted almost eight million government-issued verifiable documents on five blockchains.
The post India Hosts Nearly 8 Million Verifiable Government Documents...