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Indian Crypto Exchanges Disable UPI, Other Payment Options

A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation…

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India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service

Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges.…

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Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11…

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Why did WazirX token WRX jump 30% after India announced its big crypto tax?

The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.

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Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%

A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading…

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Indian Crypto Bill: Exchange CEO Discusses What to Expect

There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has…

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Cryptocurrency Is Picking up Steam in Small Cities in India: Report

Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been…

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