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Nalezeno "India": 2104

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....

Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse

18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...

Interpol Team Based in Singapore to Help Countries Combat Crypto Crime

18.10.2022
A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum....

Interpol reportedly creates dedicated unit to fight crypto crimes

18.10.2022
Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said

India to Discuss Crypto During G20 Presidency to Establish Tech-Driven Regulatory Framework, Says Finance Minister

18.10.2022
India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven...

India aims to develop crypto SOPs during G20 presidency, says finance minister

16.10.2022
Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing risks to financial stability

Polygon powers India police complaint portal, battling corruption

13.10.2022
The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated

India's Central Bank Plans to Launch Digital Rupee CBDC

9.10.2022
The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC). The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...

India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot Launching ‘Soon’

9.10.2022
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested...

Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process, Solana Reveals a Bug

7.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Crypto News Summary: Visa Report Says $400M Stolen from Crypto Bridges, Bitstamp to Assists Mt. Gox Repayment Process...

India’s central bank outlines digital rupee CBDC plans

7.10.2022
India's Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project

India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens

2.10.2022
India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nuggets. In its latest announcement, the ED revealed that nearly 86 bitcoins found at crypto...

India Freezes Bitcoin at Binance Amid Investigation Involving Crypto Exchange Wazirx

30.9.2022
India’s Enforcement Directorate (ED) says it has frozen more than 77.6 bitcoins that were transferred to Binance from Indian crypto exchange Wazirx. The freeze is part of a money laundering investigation into a mobile gaming application. Indian Authority Freezes Bitcoin Held at Crypto...

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar

29.9.2022
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank...

India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-nuggets Case

28.9.2022
The ED alleges the accused was transferring part of the money overseas by using "cryptocurrency exchange," the ED said. One dummy account was opened in Indian exchange WazirX from where crypto purchased was transferred to an account in Binance. A balance of as many as 77.6 Bitcoins worth Rs...

Indian Government Working on How GST Tax Could Be Applied to Crypto

22.9.2022
India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system is the prerequisite for the decision on the GST rate,” a source told local...

India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report

21.9.2022
The Indian government is reportedly planning to finalize its stance on the legality of cryptocurrency by the first quarter of next year in order to become Financial Action Task Force (FATF) compliant. “We will finalize our responses by February-March 2023. We have to respond to the FATF...