Crypto Trading and Strategies
WazirX signs up small-city women crypto investors
Tier II and Tier III cities in India registered massive growth in new user signups on WazirX, more than the larger cities.
Monika Ghosh
Lens
India
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Crypto Trading and Strategies
India’s CoinDCX crypto exchange becomes unicorn with US$90M in funding
CoinDCX, an Indian cryptocurrency exchange, has become the country’s first crypto unicorn with a US$90 million Series C fundraise, the company announced today. The funding was led by Facebook co-founder Eduardo Saverin’s B Capital. The fresh funding pegs CoinDCX’s valuation at US$ 1.1 billion. Fast facts Founded in 2018, CoinDCX offers a range of crypto […]
Monika Ghosh
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Regulation
Unocoin now allows Indians to buy pizza, coffee with Bitcoin
Several cryptocurrency payment methods exist around the world, but new service is the first major one of its kind in India.
Monika Ghosh
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Regulation
India admits it has no good data on crypto exchanges, despite years of debate over regulations
Speaking to Parliament, India's finance minister reveals that the government does not know how many crypto exchanges India has nor the number of crypto users.
Yihui Xie
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Regulation
Gold loses shine for India’s crypto-curious young investors
Crypto investment in India has grown from about US$200 million to nearly US$40 billion in the past year, driven in large measure by demand among young investors.
Yihui Xie
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Regulation
Indian crypto investors could be stung by 2% foreign operator levy
Indian cryptocurrency investors could face a 2% levy on transactions made through foreign-owned crypto exchanges operating in the country.
Lachlan Keller
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Regulation
India reviews cryptocurrency ‘ban’ legislation
The Indian government and leading industry stakeholders are reviewing elements of legislation that proposed a ban on cryptocurrencies.
Lachlan Keller
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Regulation
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.
Monika Ghosh
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Regulation
Indian crypto exchange WazirX in probe over US$382M in suspect transactions
India's Enforcement Directorate has issued a show cause notice to cryptocurrency exchange WazirX for alleged foreign exchange violations involving 27.9 billion rupees (US$382 million).
Michelle Lim
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Regulation
Foreign crypto exchanges eye India despite regulatory uncertainty
Despite regulatory uncertainty over cryptocurrency trading in India, some of the world’s largest crypto exchanges are looking to enter the market.
Lachlan Keller
