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Regulation
India digital payments giant Paytm will consider launching crypto-related services if it becomes a regulated asset class in the country, Paytm CFO Madhur Deora told Bloomberg TV on Thursday. Fast facts “Bitcoin is still in a regulatory gray area, if not a regulatory ban in India,” Deora said. “If it [Bitcoin and other cryptocurrencies] was […]
Monika Ghosh
Altcoins
Dogecoin and Shiba Inu are gaining massive traction and ranking among the top five traded cryptocurrencies on Indian exchanges. Fast facts Dogecoin contributed 13.76% to the overall trading volume of CoinSwitch Kuber, which claims to be the largest Indian crypto exchange with over 10 million customers, over the last six months, according to a report […]
Monika Ghosh
Regulation
Recent developments indicate the government is looking to regulate the sector instead of quashing it, and industry experts remain optimistic.
Monika Ghosh
Crypto Trading and Strategies
Indian crypto exchange CoinSwitch Kuber has become the country’s second crypto unicorn after raising US$260 million in a Series C funding round, the startup announced. Fast facts The latest funding round drew in marquee investors — it was led by Coinbase Ventures and Andreessen Horowitz (a16z). Existing investors Sequoia, Paradigm, Ribbit and Tiger Global also participated […]
Monika Ghosh
Regulation
India's crypto industry will grow over 200% to reach $241M by 2030, a new study says.
Monika Ghosh
Regulation
The Indian ministry of finance has formed a panel to examine how income from crypto investments can be taxed, according to a report by Inc42. Fast facts The panel will evaluate whether crypto income can be taxed as capital gains or if it requires the formation of a new category. The committee is required to […]
Monika Ghosh
Regulation
Nirmala Sitharaman says 'a futuristic thing can’t be shut out' as the country considers crypto regulation, including a possible blanket ban.
Monika Ghosh
Crypto Trading and Strategies
As major banks distance themselves from crypto business, alternative trading methods like peer-to-peer transfers are gaining popularity among investors
Monika Ghosh
Regulation
Most banks distance themselves from virtual asset platforms as the country’s central bank lobbies for a ban.
Monika Ghosh
Regulation
CrossTower became the second international crypto exchange to enter the Indian market last week after Binance made its entry by acquiring WazirX in 2019.
Monika Ghosh
