A news report suggesting that India’s hostile policy towards the digital asset sector is leading to an exodus of crypto-entrepreneurs from the country has said that Nischal Shetty and Siddharth Menon,...
Tag: India
Crypto Asset Regulations Are A Priority For India, Says IMF Official
A senior spokesperson of the International Monetary Fund (IMF) highlighted India’s preference to regulate crypto assets and ranked this issue as a medium-term priority. Tobias Adrian, the Financial ...
WazirX Founders Relocate to Dubai Amid Harsh Crypto Regulations in India – crypto.news
Co-founders of Indian cryptocurrency exchange WazirX, Nischal Shetty and Siddharth Menon, have reportedly moved to Dubai, as regulatory uncertainties in India continue to stifle the country’s cryptocu...
WazirX Relocates From India to Dubai Amid Heavy Crypto Tax Regulations
5 hours ago | 2 mins read Editors News Sameer Mhatre, WazirX’s co-founder and CTO would continue to operate in India. The organization’s employees are scattered over more than 70 distinct locations. W...
IMF identifies crypto regulation as priority issue for India as finance minister warns of threats
As cryptocurrencies become more popular and widespread as an alternative to traditional forms of payment, governments and organizations around the world scramble over how these new assets are to be pu...
India Crypto Exchange Founders Decamp to Dubai
While India struggles to figure out its crypto policy, two co-founders of cryptocurrency exchange WazirX have reportedly moved to the Middle East. Business Today confirmed that Nischal Shetty and Sidd...
Police Arrest Four in India for Crypto Fraud, Confiscate $2 Million
Police authorities in the southern Indian city of Bangalore have arrested four people who were tied to a cryptocurrency ponzi scheme that operated through an app dubbed ShareHash. According to local ...
India Repeats Warning That Digital Assets Need to Be Regulated
The finance minister of India has reiterated the risks that digital assets could have on an economy. Speaking at an International Monetary Fund (IMF) seminar, Nirmala Sitharaman warned that money laun...
‘KGF Chapter 2’ Earns $72.64 Million
Yash in a still from the film ‘KGF Chapter 2’. Hombale Films Nearly a month after SS Rajamouli’s RRR stormed the ticket windows, yet another south Indian film is ruling the Indian box offi...
Crypto Exchanges in India Explore P2P Payments to Bypass UPI
Following the NPCI statement regarding Unified Payments Interface (UPI), some Indian crypto exchanges have reverted to peer-to-peer (P2P) transactions. Take Advantage of the Biggest Financial Event in...
India, China Pharmaceutical Companies Face Increasing Scrutiny In Washington
An advocacy group for local generic drug manufacturers, called the Americans for Safe Drugs, says … [+] most people want their essential medicines made here. And foreign labs giving FDA warnings...
Multiple Crypto Exchanges in India Freeze Rupee Deposits
25 mins ago | 2 mins read Exchange News Taxes on earnings from the transfer of virtual assets will be taxed from this month. At least four other cryptocurrency trading sites have prohibited rupee depo...
Sequoia Capital India pledges to take proactive steps amid fraud allegations at some startups
Sequoia Capital India, one of the most prolific and successful investors in India and Southeast Asia, addressed the fraudulent practices allegations levelled against some of its portfolio startups and...
India Crypto Exchanges Restrict Rupee Deposits to Buy Crypto
Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have banned users from making Rupee deposits to buy cryptocurrencies, Reuters reported. This is a decision that stems from regulatory uncert...
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge...
Crypto’s Delicate Position in China, India; Bitcoin, Ether Rise
The largest cryptocurrency by market capitalization was recently trading at about $41,100, up over 2% over the past 24 hours after two weeks of almost straight declines. Ether, the second largest cryp...
India A Natural Frontrunner in Web3 Startups: Binance CEO ⋆ ZyCrypto
Advertisement     Binance remains committed to the future of web3 and metaverse. They’ll bring more financial freedom, transparency, and unique experiences. New licens...
Binance CEO CZ Calls India Natural Frontrunner in Web3 Startups Binance CEO Calls India Natural Frontrunner In Web3 Startups
Underscoring the role of India in web3 and the metaverse, Binance Founder and CEO Changpeng Zhao said the nation is a “natural frontrunner” in the evolution of the next generation of blockchain applic...
Massive Decline in Crypto Trading Volumes on Exchanges in India Following New Tax Law
Crypto trading volumes on several crypto exchanges in India plummeted as much as 72%, possibly tied to a new 30% profit tax law. Crypto trading volumes in India have plummeted since April 1st followin...
Coinbase Pauses Cryptocurrency Payment Services in India Just Days after Launching in the Country – crypto.news
Coinbase has ceased all cryptocurrency transactions following Mobikwik’s withdrawal of support for United Payments Interface (UPI) payments from all crypto exchanges in India. The news surfaced three ...
UPI Was Central to Coinbase India Launch; Now the Crypto Exchange Says It’s ‘Unavailable’
On Thursday, hours after Coinbase’s trading launch in India, NPCI tweeted it is “not aware of any crypto exchange” using UPI. At the time, Coinbase responded with a statement that sa...
Coinbase suspends newly launched crypto payment services in India
Coinbase, one of the largest cryptocurrency exchange platforms globally, has announced it will halt payment services made through the United Payments Interface (UPI). The exchange halts this service t...
Coinbase India debut in doubt following confusion with payment provider
Crypto exchange Coinbase suffered a setback in India due to a breakdown in its ramping process. The company at the heart of the storm is the National Payments Corporation of India (NPCI), which descri...
Coinbase India Suspends Deposits 3 Days After Trading Service Launch Coinbase Suspends Buy Option 3 Days After India Launch
Three days after Coinbase launched trading services in India, claiming support for the popular payment instrument Unified Payments Interface (UPI), the firm disabled the function and virtually stopped...
Regulatory Pressure Forces Coinbase To Suspend Crypto Payments In India
On Sunday, three days after adding support for the popular Unified Payments Interface payment instrument in India, Coinbase – the largest US-based cryptocurrency exchange – removed the feature to purc...
Indian origin CEOs leading American companies — Quartz India
These days, if you fling a stone into Silicon Valley, you are most likely to hit an Indian-origin CEO. Until a decade ago, there was only a handful of them, mostly in consumer goods, tech, and finance...
Coinbase suspends crypto payment services days after India launch
The largest US-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian users just three days after its launch in the South Asian ...
Coinbase Halts UPI Deposits in India following the NPCI statement
Coinbase halts payments via Unified Payments Interface (UPI) on Sunday in less than 4 days after the its launch. Clients of the crypto exchange in India are unable to purchase cryptocurrencies via UPI...
Coinbase stops UPI payments in India only 3 days after its launch
TL;DR Breakdown Coinbase has halted UPI payment option in India. The decision was taken based on the warning and statement from the NPCI. Currently only the IMPS payment option is available on the a...
Coinbase disables UPI payments just days after India launch
Crypto exchange Coinbase disabled its support for the Unified Payments Interface (UPI) in India on Sunday, just days after marking its entry into the Indian market with an event on April 7, the Econom...
Coinbase’s India Roll Out: Curtains Drawn Before Start Of The Show
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