India

Delay likely for India’s crypto bill, none the less 2021 becomes crypto’s landmark year.

India’s proposed rules for digital assets would ban cryptocurrency for payments while the Securities and Exchange Board regulates exchanges. Will it become law?

Polygon envisions a world where value can be exchanged without borders. In this Forkast.News explainer, find out how Polygon works and why its MATIC token is defying crypto market gravity — again.

Tough measures in India’s crypto bill meanwhile, NFTs are becoming a hot Christmas gift

A cabinet note suggests the government intends to regulate cryptocurrencies as assets with the Securities and Exchange Board of India at the helm.

A former finance secretary says too much is yet unknown about the new crypto bill for investors to expect the worst.

Top blockchain and crypto news: Are India’s CBDC plans crowding out crypto? Jack Dorsey goes full Bitcoin bro. China’s digital yuan hopes claim another victim.

Bitcoin and Ethereum prices fell nearly 24% in India as investors sought to get ahead of a possible crypto prohibition.

India proposes crypto ban meanwhile Metaverse race heats up

While fears of a complete ban on virtual currencies have been dispelled, Indian investors are still in the lurch about what may or may not be allowed.

While the government has yet to figure out the details, a crypto regulatory regime is expected to be released before February.

Recent developments indicate the government is looking to regulate the sector instead of quashing it, and industry experts remain optimistic. 

Coinswitch Kuber becomes unicorn meanwhile Australians reminded over crypto tax

India’s crypto industry will grow over 200% to reach $241M by 2030, a new study says.

Nirmala Sitharaman says ‘a futuristic thing can’t be shut out’ as the country considers crypto regulation, including a possible blanket ban.

As major banks distance themselves from crypto business, alternative trading methods like peer-to-peer transfers are gaining popularity among investors

Upbit passes Korea crypto race post meanwhile P2P transactions surge in India

Most banks distance themselves from virtual asset platforms as the country’s central bank lobbies for a ban.

CrossTower became the second international crypto exchange to enter the Indian market last week after Binance made its entry by acquiring WazirX in 2019.

The platform reports more users than WazirX and CoinDCX, and aims to make crypto trading as easy as ordering food online.

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.

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.

India crypto exchanges allow bank deposits while FTT token on a roll

If cabinet approves crypto bill by November, it could be introduced as early as parliament’s winter session.

While Delhi goes back and forth over a crypto ban, crypto’s huge growth potential in the world’s second most populous country is captivating American venture capital.

Several cryptocurrency payment methods exist around the world, but new service is the first major one of its kind in India.

Ethereum upgrade closely watched also India launches e-RUPI voucher

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.

Number of new South Korean crypto investors have tanked in the month of June as crypto mining investments boom outside China.

Binance CEO CZ confirms that a new executive may lead the organization. Meanwhile, Bitmain spins off one of the world’s largest mining pool Antpool.

Crypto literacy of Indian regulators is evolving and crypto players are trying to keep industry clean via self-regulations, says Nischal Shetty of WazirX.

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.

UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.

Regulatory uncertainty pushes India’s crypto industry towards self regulation as a secret Ethereum miner gets busted in Seoul Arts Center.

Other top blockchain and crypto news: Thailand’s SEC tries to rein in DeFi via regulation. Will China’s future DCEP digital yuan offer smart contracts?

Thailand becomes one of the first governments to attempt DeFi regulation as India’s RBI clarifies that banking ban no longer exists.

It’s only a matter of time that digital currency ‘is going to overshadow all the other forms of money,’ says Neeraj Khandelwal of CoinDCX.

As retail interest in crypto grows, countries around the world are grappling with consumer protection. Asia offers a window into the array of policy responses.

The Chia craze keeps on going while the Indian crypto industry speaks out against banks blocking crypto transactions.

As Ethereum continues to soar to new all-time highs, South Korean crypto investors express mix sentiments on crypto tax.

Starting today, India’s crypto firms must report all cryptocurrency transactions to the government. What does this mean for India’s proposed crypto ban?