Tag: India

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Indian Finance Ministry Says “Crypto Assets Are not Regulated in India”, Exchanges Must Register With FIU

On 21 July, the Indian Finance Ministry clarified to the Lok Sabha that virtual digital assets (VDAs) and cryptocurrencies remain unregulated under current Indian...

Indian Government To Release July Draft Bill On Stablecoins Amid Global Stablecoin Regulations

India’s cautious stance on cryptocurrencies may evolve soon. In April 2018, the central bank barred lenders and financial intermediaries from dealing with crypto exchanges...

India Set To Release Consultation Paper On Cryptocurrency As First Step To Regulate It

A panel led by the Secretary of the Department of Economic Affairs (DEA) is preparing to release a consultation paper on crypto and digital...

WazirX To Soon Restore Customer Funds Following $230 Million Hack

WazirX, a leading cryptocurrency exchange in India, is in the final stages of restoring customer balances impacted by a significant cyberattack that occurred between...