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Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System

8.4.2022
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the...

Coinbase Trading Launch in India Hits Payments Gateway Snag

7.4.2022
India's UPI denied knowledge of any crypto exchange using its platform after Coinbase leadership announced using that prominent payment gateway would be the first step in buying crypto through its brokerage

Coinbase Starts Crypto Trading Services in India

7.4.2022
The announcement was made at an event in India's tech hub Bangalore

Coinbase Focuses on Crypto and Web3 in India — Plans to Hire 1,000 for Indian Hub

5.4.2022
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase...

Can India’s Controversial New Tax Law Be Challenged in Court? Yes, Say Crypto Lawyers

5.4.2022

Coinbase, FTX to Ramp Up Investment in India, But Experts Warn the Country's Crypto Space May Face Chaos

4.4.2022
Major crypto exchange Coinbase aims to further expand its crypto hub in India by hiring more talent, as crypto derivatives exchange FTX considers investment in India’s Mobile Premier League (MPL), the country's largest eSports and mobile gaming platform. However, Indian crypto veterans warn that...

Coinbase to Hire 1,000 People in India Expansion

4.4.2022
The growth plan will quadruple the number of the crypto exchange's employees in the country

Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity

4.4.2022
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments

New crypto owners nearly doubled in 3 key regions in 2021: Report

4.4.2022
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force

2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

Indian Government Consulting With IMF, World Bank on Crypto Policy

2.4.2022
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the...

30% crypto tax becomes law in India following Finance Bill approval

31.3.2022
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1

First Mover Asia: India Continues Its Restrictive Approach to Crypto; Bitcoin, Ether Run in Place

31.3.2022
The Indian tax authority's revision in the amounts that it seized in taxes and penalties from crypto exchanges and the number of platforms it targeted reflects the government's harsh stance toward digital assets; Solana has a banner day

NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News

29.3.2022
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: NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News

Indian state gov't uses Polygon to issue verifiable caste certificates

29.3.2022
In partnership with LegitDoc, the Maharashtra government is in the process of rolling out 65,000 caste certificates to aid the process of delivering governmental schemes and benefits

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

29.3.2022
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto....

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

29.3.2022
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some...