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Internet Shutdowns Cost India $2.8B in 2020: Report
8.1.2021
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions
Mastermind of a Cryptocurrency Scam Arrested in India
6.1.2021
An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged...
'World's First' Physical Crypto Banking Branch Opened in India + More News
30.12.2020
The "world's first physical crypto banking branch" in Jaipur, India. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Unicas, a joint venture between online crypto banking platform...
Indian crypto bank opens physical location, eyes 100 branches by 2022
30.12.2020
India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding virtual currencies in the country
Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange
30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
India ponders Bitcoin tax law to target $5B market
29.12.2020
India’s government could levy taxes on Bitcoin trading despite the lack of legal clarity for the country’s crypto space
India Mulls Imposing 18% Tax on Bitcoin Transactions
29.12.2020
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
28.12.2020
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform
The pandemic year ends with a tokenized carbon cap-and-trade solution
27.12.2020
Lowering CO2 emissions and lessening carbon-intensive approaches are the essential goals in global efforts to fight climate change
Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested
23.12.2020
Ninety-six people have reportedly been arrested in India for allegedly extorting bitcoin from foreigners. They set up illegal call centers, posed as police officers, and told the victims that their bank accounts had been used in illegal transactions. They also threatened to immediately arrest...
Indian crypto exchange CoinDCX raises $14M in its third round in 2020
22.12.2020
Including the millions it collected in previous rounds, the company has raised approximately $19.4M
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...
Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
14.12.2020
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being...
India’s Banks Are Once More Serving Crypto Traders and Exchanges
11.12.2020
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed
CryptoBiz Exchange Launches in India
10.12.2020
Recently, cryptocurrency trading in India has spiked and grown at an unprecedented level. As the Bitcoin rallies and grows strength by strength, the Indian crypto community has multiplied and with this, a fair and regulated market has been on the top of their demands. Amidst the ever-growing...
Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth
10.12.2020
The Indian cryptocurrency industry is experiencing massive growth. New traders are flooding crypto exchanges, executives from four of the largest crypto trading platforms in India exclusively told news.Bitcoin.com. They also share their views on what drives the Indian crypto market, current...
Blockchain can fix India’s dysfunctional insurance scheme, says WEF
9.12.2020
The WEF looks to introduce legacy systems to blockchains
India’s State-Regulated Digital Payments Network Is Dominated by Google and Walmart
9.12.2020
A shared payments infrastructure initiated by the state and joined by major Indian banks, the United Payments Interface (UPI) accounted for over 2.2 billion transactions in November