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Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings
25.2.2023
Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB)
Coordinated global crypto policies: G20 key financial stability priority
25.2.2023
India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
23.2.2023
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian Finance...
India expands national payment network to Singapore: What’s in it for crypto?
21.2.2023
One of the banking partners in the cross-border remittance service is also part of the government’s CBDC program
Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar
20.2.2023
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing against the dollar.” Schectman believes that...
Indian Cricket Board Tells Women's Premier League Teams to Shun Crypto Links
15.2.2023
The organization overseeing cricket in India told five franchises of the newly formed Women's Premier League (WPL) to avoid associating with any cryptocurrency or blockchain-related entities
Crypto exchanges to propel Web3 and crypto awareness in India
15.2.2023
Crypto adoption in India could happen successfully following any intervention from the regulators, besides implementing a tax cut and TDS. The country has a vast population to leverage. Still, it is also responsible for educating them about the functioning of crypto and Web3, both of which...
Crypto ads and sponsors banned from women's cricket league in India
14.2.2023
Following men's cricket, the Board of Control for Cricket in India (BCCI) prohibits the women's teams from having commercial associations and other sponsorships with crypto businesses
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
14.2.2023
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a globally coordinated approach on the regulation...
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee
12.2.2023
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, with five more banks set to join the pilot soon, said RBI Deputy...
5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor
9.2.2023
5,000 merchants and 50,000 users are now participating in India’s CBDC pilot project, the RBI’s deputy governor has said, noting that the central bank intends to proceed with the project slowly to avoid unwanted fallouts.
Rabi Sankar, Deputy Governor at Reserve Bank of India (RBI), announced...
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50k users
8.2.2023
The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said
Algorand to drive Web3 adoption in India through key partnerships
8.2.2023
Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3
Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee
8.2.2023
India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges
India to Introduce Measures Around Crypto This Year, Says Government Official
6.2.2023
The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers...
The world must take a 'collective action' approach to regulations – suggests India’s Finance Minister
4.2.2023
Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month
CoinDCX helps Namaste Web3 create India a $5 trillion economy
3.2.2023
India looks to become a $5 trillion economy. The goal is pretty much achievable, provided all the sectors work in the same direction. Web3, the upcoming internet for the future generation, can contribute as much as any other industry. CoinDCX echoed the idea while emphasizing that the Namaste Web3...
India Reveals IMF Is Working With G-20 for Crypto Regulations
3.2.2023
India has officially revealed details of the ongoing work in the G-20 around how to regulate crypto
India’s Largest Retail Chain to Accept Payments in CBDC
2.2.2023
India's largest retailer Reliance Retail has announced plans to accept payments in the digital rupee in a move that could boost the nation's adoption of CBDCs....
Read More: India’s Largest Retail Chain to Accept Payments in CBDC
Indian Government Introduces New Crypto Tax Penalties
2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...