India and US Agencies Unite to Uncover $360 Million Crypto-Funded Drug Ring in Uttarakhand

In a momentous joint effort, law enforcement agencies from India and the United States recently joined forces to conduct an extensive search operation in Uttarakhand, resulting in the discovery of a colossal $360 million crypto-funded drug ring. The Indian Enforcement…

Binance Returns to India After Two-Year Ban and Pays $2 Million Penalty

Binance, is making preparations to re-enter the Indian market. Following a temporary ban imposed by the government earlier this year, Binance has taken significant steps to address compliance concerns and rebuild its rapport with Indian authorities. Insider reports indicate that…

Can Crypto holders influence Indian Election in 2024? 

Recent years have seen a rise in the use of cryptocurrency in India—a digital money that runs without the need for a centralized authority. The emergence of cryptocurrencies in the nation has spurred concerns about how they may affect other…

KuCoin Achieves Compliance with India’s FIU-IND Amid Strict Cryptocurrency Regulations

The FIU-IND, essential in India’s financial crime prevention efforts, scrutinizes financial transactions to combat money laundering. Cryptocurrency exchange KuCoin navigated regulatory challenges to align with FIU-IND’s strict compliance requirements, amidst India’s tight cryptocurrency regulations. Achieving compliance, KuCoin has been recognized…

India Archives 7.93 Million Government Records on 5 Different Blockchain Platforms

India’s National Informatics Centre (NIC), operating under the esteemed Ministry of Electronics and Information Technology, has embarked on a groundbreaking initiative to transform government operations through the power of blockchain technology. With nearly eight million government-issued verifiable documents securely hosted…

Mudrex Launches US Spot Bitcoin ETFs for Indian Investors

Mudrex, the Indian cryptocurrency investment platform, has announced its plans to introduce U.S. spot bitcoin exchange-traded funds (ETFs) to institutional and retail investors in India. This move marks a significant milestone for Mudrex and the Indian crypto space, as it…

Pi42: A New Era for Crypto-Rupee Futures Trading in India, Focused on Legal Compliance and User Empowerment

Indian crypto veterans Nischal Shetty and Avinash Shekhar have recently launched Pi42, a crypto-INR perpetual futures exchange. Designed to cater to the needs of over 30 million crypto investors in India, this platform aims to provide a seamless trading experience…

Indian Crypto Industry Disheartened but Optimistic as India Stays Firm on Stringent Taxation

Recent years have seen a sharp increase in the acceptance and popularity of cryptocurrencies, resulting in a thriving market with enormous potential. However, a complex network of tax laws and high tax rates have been impeding the growth and innovation…

Reserve Bank of India Gives a Serious Warning to Indian Crypto Enthusiasts

A severe warning has just been issued to everyone in India who invests in cryptocurrency by Reserve Bank of India governor Shaktikanta Das. He wants people to be aware that investing in these virtual currencies has some extremely high dangers.…

Supreme Court of India Asks Union Government’s Input on Crypto

The union government informed the Supreme Court on January 20 that they had not yet decided on a framework for regulating cryptocurrencies and thoroughly investigating any offenses associated with them. The bail request of Ganesh Shiv Kumar Sagar, who was…