India Archives - Page 4 of 7

Cryptocurrency Exchange Kraken Announces ‘Recommitment’ To Indian Market

March 11, 2020

Cryptocurrency exchange Kraken has announced its recommitment to Indian markets following a Supreme Court ruling made last week. According to a blog post published Mar. 9, Kraken is planning to expand its pr...

OKEx Gains Access to Indian Crypto Market with CoinDCX Partnership

February 14, 2020

OKEx, which describes itself as the world’s largest futures cryptocurrency exchange, has just expanded the reach of its product offering to India. The Malta-based platform has signed Indian crypto exchange Co...

Binance Acquires Leading Indian Digital Asset Platform WazirX

November 21, 2019

Global cryptocurrency exchange Binance announced this Thursday that it has acquired the leading digital asset platform in India, WazirX, in order to launch multiple fiat-to-crypto gateways. Following the acq...

Proposed Indian Ban on Crypto is Even Harsher than China’s

June 14, 2019

In what may become the Indian government’s latest move against the crypto industry, a bill that would punish cryptocurrency users with a 10-year prison sentence is currently making its rounds through the Indi...

Coindelta Shuts Services, Blames Adverse Indian Regulations

April 1, 2019

Indian crypto exchange Coindelta has abruptly announced the termination of its trading services on March 30. In an official post, Shubham Yadav, founder of Coindelta, cited the strict regulations imposed on ...

Indian Police Nabbed Four for $14 Million Crypto Scam

February 18, 2019

Mumbai police have arrested four persons suspected of being involved in a multimillion-dollar cryptocurrency scam, according to the Times of India. According to the February 17 report, the gang allegedly dup...

Indian Bank Closes Customer’s Account for Bitcoin Transaction

January 15, 2019

In an attempt to crack down on crypto-related transactions, Kotak Mahindra Bank, a major private retail bank in India, has issued a “Termination of Account” letter to one of its account holders. The report s...

Indian Central Bank Shelves Plan to Launch Cryptocurrency

January 3, 2019

The Reserve Bank of India (RBI) has shelved its plan to launch a national cryptocurrency, according to a local business news outlet Business Line. Last year in April, the Indian central bank first floated th...

India Might Legalize Cryptocurrencies, Says Report

December 26, 2018

It’s been a while since the tug of war between the Indian authorities and the country’s crypto community started. Although the government wants to ban the digital assets, pressure from the community is pushin...

SWIFT to Experiment with Blockchain in India

November 22, 2018

SWIFT has signed a partnership with a fintech firm Monetago, through which it will experiment with blockchain applications in India, according to a press release. SWIFT India MonetaGo is a New York-based ...