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India News

Latest India News

CoinDCX admits $15.99M loss days after denying hack claims
News
Read more - CoinDCX admits $15.99M loss days after denying hack claims

CoinDCX admits $15.99M loss days after denying hack claims

CoinDCX confirms a 15.99 million USDT loss tied to compromised legacy wallets after initially denying another hack, while saying customer balances remain safe.
Cardano Foundation reports 100,000 Indian farms registered on-chain - 5
News
Read more - Cardano Foundation reports 100,000 Indian farms registered on-chain

Cardano Foundation reports 100,000 Indian farms registered on-chain

Cardano Foundation has reported that 100,000 farms in India have been registered on Cardano through 5am.earth’s agricultural data project. In its Oct. 21 announcement, Cardano Foundation said that the registrations support verifiable, reusable farm records across the project’s ecosystem. The…
India’s RBI stays cautious on crypto, backs tokenization
News
Read more - India’s RBI stays cautious on crypto, backs tokenization

India’s RBI stays cautious on crypto, backs tokenization

India’s RBI remains cautious on crypto over monetary and capital-flow risks while backing tokenization, CBDC pilots and digital bonds.
India beats Singapore and Australia in centralized crypto exchange inflows - 6
News
Read more - India beats Singapore and Australia in centralized crypto exchange inflows

India beats Singapore and Australia in centralized crypto exchange inflows

India has remained Central and Southeast Asia and Oceania’s largest market for centralized crypto exchange inflows, receiving $88.4 billion through CEXs even as its overall crypto economy contracted 14.7% during the latest reporting period. According to Chainalysis, India recorded $135…
Indian state Maharashtra eyes tokenized power grid funding - 7
News
Read more - Indian state Maharashtra eyes tokenized power grid funding

Indian state Maharashtra eyes tokenized power grid funding

India’s Maharashtra state has begun preparing policies to tokenize up to 50% of selected electricity transmission assets to finance new power lines and solar energy storage facilities. Maharashtra considers tokens tied to power revenue Praveen Pardeshi, chief economic adviser to…
India, Russia discuss CBDC payments as bilateral trade nears $60 billion - 8
News
Read more - India, Russia discuss CBDC payments as bilateral trade nears $60 billion

India, Russia discuss CBDC payments as bilateral trade nears $60 billion

India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia…
India launches digital rupee settlement for bonds
News
Read more - India launches digital rupee settlement for bonds

India launches digital rupee settlement for bonds

India’s Demat 2.0 pilot has issued ₹1,025 crore in tokenized corporate bonds, using the RBI’s digital rupee for settlement.
Arya.ag puts India’s $2B grain network onchain
News
Read more - Arya.ag puts India’s $2B grain network onchain

Arya.ag puts India’s $2B grain network onchain

Arya.ag is using an Avalanche-based ledger to record grain deposits, warehouse receipts and loans across its $2 billion crop network.
India targets Weex, Blofin, WOO X and 12 other crypto platforms - 9
News
Read more - India targets Weex, Blofin, WOO X and 12 other crypto platforms

India targets Weex, Blofin, WOO X and 12 other crypto platforms

India’s Financial Intelligence Unit has issued non-compliance notices to 15 crypto service providers and ordered action to take down their apps and URLs in India for operating without meeting the country’s anti-money laundering requirements. The Financial Intelligence Unit-India said Tuesday…
India to launch first tokenized corporate bonds using digital rupee - 10
News
Read more - India to launch first tokenized corporate bonds using digital rupee

India to launch first tokenized corporate bonds using digital rupee

India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…
ZachXBT may reject victims from seven jurisdictions
News
Read more - ZachXBT may reject victims from seven jurisdictions

ZachXBT may reject victims from seven jurisdictions

ZachXBT may reject crypto victim requests from seven jurisdictions and restrict regional access to his planned investigation website.
India updates tax reporting rules to include crypto assets and CBDCs - 11
News
Read more - India updates tax reporting rules to include crypto assets and CBDCs

India updates tax reporting rules to include crypto assets and CBDCs

India has expanded its global tax reporting framework to include specified crypto-assets, central bank digital currencies, and digital money products under updated FATCA and Common Reporting Standard rules. The Economic Times reported that the Central Board of Direct Taxes (CBDT)…
India orders GitHub to remove Jack Dorsey’s Bitchat repositories - 12
News
Read more - India orders GitHub to remove Jack Dorsey’s Bitchat repositories

India orders GitHub to remove Jack Dorsey’s Bitchat repositories

India’s cybercrime authority has ordered GitHub to remove three repositories linked to Jack Dorsey’s Bitchat messaging app within three hours. According to a July 23 notice shared by Dorsey on X, the Indian Cyber Crime Coordination Centre directed the Microsoft-owned…
Maharashtra proposes DELTA Act for India's first property tokenization framework - 13
News
Read more - Maharashtra proposes DELTA Act for India’s first property tokenization framework

Maharashtra proposes DELTA Act for India’s first property tokenization framework

Maharashtra has advanced plans for a blockchain-based legal framework to tokenize immovable property, with Chief Minister Devendra Fadnavis directing officials to prepare draft legislation that could make the state the first in India to introduce such a law. According to…
India's RBI renews anti crypto stance as tax reporting concerns persist - 14
News
Read more - India’s RBI renews anti crypto stance as tax reporting concerns persist

India’s RBI renews anti crypto stance as tax reporting concerns persist

India’s central bank has renewed its recommendation for a cryptocurrency policy leaning toward prohibition, while tax authorities have warned that offshore trading continues to make crypto tax enforcement difficult. According to internal government documents reviewed by Reuters, the Reserve Bank…
Dubai leads crypto hubs as Taiwan and India redraw the rules
News
Read more - Dubai leads crypto hubs as Taiwan and India redraw the rules

Dubai leads crypto hubs as Taiwan and India redraw the rules

Asia’s crypto scene shifts as Dubai expands licensing, Taiwan passes rules, India presses bank limits, and Russia readies its digital ruble.