2021-12-28 20:15 |
The year past saw some fundamental transformations in the relationship between state power and the digital asset space.
origin »Bitcoin price in Telegram @btc_price_every_hour
|
As India approaches another Union Budget, the country’s crypto and Web3 community is doing so with restrained expectations, shaped by years of regulatory ambiguity and a policy approach that has prioritised taxation and oversight over formal recognition.
India’s RBI wants BRICS to link CBDCs like the e-rupee and digital yuan by 2026, creating a shared rail for trade and tourism that bypasses dollar-based systems. The Reserve Bank of India has proposed a plan to interconnect the central…
Crypto exchanges must now track user location and identity more rigorously as India steps up efforts to bring digital assets under formal oversight.
Regulators warn that decentralized and offshore crypto activity could outpace India’s enforcement capabilities.
India’s ED raided 21 sites tied to 4th Bloc Consultants, alleging a decade-long fake crypto-platform Ponzi that laundered funds via wallets, shell firms, hawala and foreign accounts. India’s Enforcement Directorate (ED) conducted coordinated raids at 21 locations across Karnataka, Maharashtra…
India’s CCI clears Coinbase’s minority stake in CoinDCX, cementing the US exchange’s return to India and strengthening the local platform’s position in a top crypto adoption market. India’s antitrust regulator approved Coinbase Global Inc.
