NFT Gaming is Most Popular in India (Report)
A recent study conducted by Finder estimated that 34% of the Indian respondents had played a play-to-earn (P2E) game. Hong Kong (29%) ranked second, while the UAE held the third…
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Citing Recent Market Crash, Indian Regulator Says Crypto Has No Underlying Value
India’s banking sector regulator used the market crash to support his argument that crypto has no underlying value and justify his stance that it can be a threat to financial…
CoinSwitch CEO Pitches for Regulatory Clarity, Certainty, Peace
India’s regulatory uncertainty for the crypto sector came into sharp focus at the ongoing World Economic Forum (WEF) Annual Meeting in Davos. In an interview with Reuters, CoinSwitch Kuber CEO…
Indian Crypto Industry Reps Call for Reduction in Certain Taxation Rules
The call for reducing Tax Deduction at Source (TDS) on crypto transactions is intensifying among the crypto ecosystem players in India. A TDS of 1% on virtual digital assets has…
Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate.
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine…
India’s Central Bank Reiterates Negative Views on Cryptocurrencies: Report
The Reserve Bank of India (RBI) toughened up its stance against cryptocurrencies, citing the rising asset class as a threat to its sovereign interest and a negative impact on the…
Indian Regulator Makes it Harder for Celebrities to Endorse Crypto
Indian regulators are making the rulebook tough for celebrity endorsement of crypto products. The Securities and Exchange Board of India (SEBI) has advised prominent public personalities, including celebrities and sportsmen,…
Coinbase CEO Blames RBI for Botched India Launch
Coinbase Co-founder and CEO Brian Armstrong squarely blamed the Reserve Bank of India (RBI) for employing “informal pressure” and denying the Unified Payments Interface (UPI) services that led to Coinbase…
Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong.
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