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India Pushes for a Global Digital Asset Regulatory Framework at G20 Presidency

Mridul SrivastavaApril 15, 2023April 15, 2023

by Mridul SrivastavaApril 15, 2023April 15, 20230

India is doubling down on its efforts to achieve a global digital asset framework through its G20 presidency. Finance Minister Nirmala Sitharaman recently reiterated the...

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Binance Cuts Ties with Indian Crypto Exchange WazirX

Mridul SrivastavaFebruary 4, 2023

by Mridul SrivastavaFebruary 4, 20230

Binance has declared that it will no longer allow Indian cryptocurrency exchange WazirX to utilize its wallet services. The operator of WazirX, Zanmai, has been...

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Indian Government Official Shared His Views on Crypto

Mridul SrivastavaJanuary 22, 2023

by Mridul SrivastavaJanuary 22, 20230

Rajeev Chandrasekhar, an Indian government official, spoke about cryptocurrency at such an event in Bengaluru. He is India’s Minister of State for Electronics and Information...

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Report: Crypto Exchanges in India Lose Billions Due to Tax Regulations

Mridul SrivastavaJanuary 4, 2023

by Mridul SrivastavaJanuary 4, 20230

Between February 2022 and October 2022, Rs 32,000 crore was transferred from domestic to foreign exchange in crypto, as a result of the imposition a...

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RBI will Begin a Retail Digital Rupee Pilot on December 1

Mridul SrivastavaNovember 30, 2022November 30, 2022

by Mridul SrivastavaNovember 30, 2022November 30, 20220

On Tuesday, the Central Bank of India declared that a retail digital rupee (e-R) experiment would begin on December 1. Moreover, it will include 4...

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The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO

Mridul SrivastavaNovember 3, 2022

by Mridul SrivastavaNovember 3, 20220

Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...

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India’s Central Bank has Launched a Digital Currency Trial Program

Mridul SrivastavaNovember 1, 2022

by Mridul SrivastavaNovember 1, 20220

On Tuesday, the Reserve Bank of India launched a trial program for its digital currency, allowing certain participating institutions to use it to settle secondary...

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India will Spearhead a Push for Worldwide Crypto Legislation to Combat Money Laundering

Mridul SrivastavaOctober 19, 2022

by Mridul SrivastavaOctober 19, 20220

Nirmala Sitharaman, India’s finance minister, suggested that India will use its next chairmanship of the G20 to advocate for global regulation of cryptocurrencies. Sitharaman, while...

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Flipkart Launches a New Virtual Shopping Experience Called Flipverse

Mridul SrivastavaOctober 17, 2022

by Mridul SrivastavaOctober 17, 20220

During its Diwali sale, Flipkart will launch a special virtual shopping experience called “Flipverse.” Beginning Monday, October 17, the Android app will be live with...

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In a Concept Paper, RBI Outlines Plans to Launch E-rupee for Limited Use as a Pilot Project

Mridul SrivastavaOctober 7, 2022

by Mridul SrivastavaOctober 7, 20220

The Reserve Bank of India announced on Friday that the test launch of the e-rupee will take place shortly to support India’s digital economy, improve...