Binance Set for Indian Comeback with $2 Million Penalty
Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million. According to a report by ET,…
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Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement
Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a…
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the…
Shiba Inu (SHIB) is the Most-Traded Coin in March on The Leading Indian Exchange
TL;DR Shiba Inu achieved a two-year high in its price last month, topping the list of the most-traded digital assets on one popular cryptocurrency exchange. Despite a recent price dip,…
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India…
OKX to Reportedly Discontinue Service in India: Users Directed to Close Positions
Cryptocurrency exchange OKX has reportedly said that its services in India are being discontinued due to local regulations. In an email notification sent on March 21st, the platform urged users…
US Spot Bitcoin ETFs Coming to India From Crypto Investment Platform: Report
Mudrex, an Indian cryptocurrency investment platform, intends to introduce U.S. spot Bitcoin exchange-traded funds (ETFs) to target both institutional and retail investors within India, according to CEO and co-founder Edul…
India’s Interim Budget Leaves Crypto Community Guessing; Industry Eyes Post-Election Revisions
The Indian crypto industry is seeking parity, urging fair regulations against foreign exchanges exploiting regulatory gaps amidst dwindling market share for local exchanges while investors face legal uncertainties. With unstable…
Shiba Inu (SHIB) Was the Second-Most Traded Crypto Asset on This Popular Exchange in 2023: Details
TL;DR One of the biggest Indian cryptocurrency exchanges noted that Shiba Inu (SHIB) was highly traded on its platform last year, even surpassing Bitcoin and Polygon in February. Shiba Inu…
CoinDCX’s Year-End Report Unveils Maturing Investor Base in India
Despite India’s controversial crypto policy and lack of clarity in several aspects, the country emerges as the top market. According to a new report by crypto exchange CoinDCX, 28 Indian…
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