India’s largest public bank bars payments to crypto exchanges
Most banks distance themselves from virtual asset platforms as the country’s central bank lobbies for a ban.
Articles by
Monika Ghosh
Monika is a tech journalist. She is an avid reader fascinated by classic English literature and enjoys painting and cooking. When her head is not buried behind a book, she writes about technology like cryptocurrency, blockchain, AI and more.
September 2021
CrossTower says it wants to collaborate, not compete, with Indian exchanges
CrossTower became the second international crypto exchange to enter the Indian market last week after Binance made its entry by acquiring WazirX in 2019.
CoinSwitch Kuber says it’s now the largest Indian exchange with over 10 million customers
The platform reports more users than WazirX and CoinDCX, and aims to make crypto trading as easy as ordering food online.
El Salvador wowed the world by adopting Bitcoin as legal tender. Other countries are taking note
Following crypto’s adoption in one struggling economy, nations in Latin America and elsewhere are now weighing the pros and cons of digital currency
SEC threatens to sue Coinbase over high-yield savings account
Crypto platform CEO claims regulators use ‘intimidation tactics behind closed doors’ by refusing to provide clarity.
NFL flags NFTs, crypto sponsorships for teams while it huddles on a digital game plan
The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.
The world of crypto opens up life-changing earning opportunities for Indian tweens and teens
Gajesh Naik and Laya Mathikshara, two Indian 13-year-olds, are getting global recognition — and making astronomical sums — through their ventures in crypto and NFTs.
So, no ban? India’s crypto bill will treat virtual currencies as commodities in the asset class
The veil of uncertainty that has shrouded crypto regulatory discussions seems to be lifting, but how the government will regulate and tax digital money remains to be seen.
August 2021
Forkast exclusive: Antinalysis is out, proud and ready to tell (almost) all
In a special Q&A, an Antinalysis spokesperson reveals the source of its data and disputes that it’s for criminals. “Privacy is a human right.”
Dark web tool Antinalysis is back and openly available on the internet
The previous version of Antinalysis, which was based on the AMLBot API, was shut down but within a week it has respawned not just on the darknet but also on the clearnet.
CryptoPunk NFTs smash records as VISA purchases a CryptoPunk for US$150K
CryptoPunks sales volume increased by over 1,100% in the last 24 hours
Shutdown of dark web tool Antinalysis suggests harder times ahead for crypto criminals
Money laundering token tracer developed using AMLBot application programming interface was suspended within eight hours of public exposure.
India’s crypto sector on edge as bill that may lead to ban awaits cabinet approval
If cabinet approves crypto bill by November, it could be introduced as early as parliament’s winter session.
Poly Network hackers delay handover of stolen assets
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Chinese DeFi platform Poly Network suffers US$600M hack
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Unocoin now allows Indians to buy pizza, coffee with Bitcoin
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July 2021
India’s crypto community plays for time as New Delhi dithers on regulation
The prospect of a ban on cryptocurrencies has haunted the industry for years, but it appears to be receding as delayed rules give policymakers time to think before they act.
June 2021
Who’ll blink first in India’s crypto stand-off?
India’s central bank has clarified that cryptocurrencies are not illegal, but that does little to prevent lenders from refusing to provide crypto-related services.
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May 2021
New York’s Bitcoin mining showdown sets stage for battles elsewhere
A dispute over a Bitcoin mine’s environmental impact leads to a push to ban crypto mines in New York state. Will other places follow Albany’s lead?