Tag: India
CBI Arrests Mahadev Betting Suspect as Dubai Money Trail Draws Scrutiny
Summary
CBI arrested Abhishek Kumar in Hyderabad and accused him of coordinating Mahadev betting panels and collecting funds for the network.
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India’s New UPI Fee Raises Funding Questions for Forex and Crypto Platforms
Summary
India’s UPI merchant fee applies to eligible payments above ₹2,000, while personal transfers and most merchant transactions remain entire [...]
India’s Demat 2.0 Pilot Raises ₹1,025 Crore Through Tokenized Corporate Bonds
Summary
SEBI’s Demat 2.0 pilot helped three issuers successfully raise ₹1,025 crore through tokenized corporate bonds involving 23 institutional [...]
India Targets 15 Crypto Platforms Over Anti-Money Laundering Compliance Failures
Summary
India’s Financial Intelligence Unit issued compliance notices to 15 crypto platforms and requested takedowns of their applications and we [...]
India’s 66 Million Crypto Owners Intensify Bitcoin’s 21 Million Supply Debate
What to Know
India’s 66-million crypto owners show how modest adoption rates could intensify global competition for Bitcoin’s permanently limited [...]
US-China AI Battle Puts India’s Tech, Crypto and Web3 Ambitions at Risk
Summary
Washington wants AI partners to avoid competing with Chinese initiatives, potentially forcing India to reconsider its relationships acros [...]
India Releases ₹1.09 Lakh Crore Early to States as Liquidity Boost Puts Crypto Markets in Focus
What to Know
India's Union government released an additional ₹1.09 lakh crore in tax devolution giving states earlier funding for infrastructure [...]
Binance Reveals Three Priorities Behind Its Long-Term Expansion Strategy in India
What to Know:
Binance prioritizes regulatory compliance, education, and community engagement to support long-term, sustainable growth in India's [...]
India Reaffirms Crypto Ban Stance as Tax Officials Flag Compliance Gaps
What to know:
India reaffirmed its preference for restrictive crypto policies while the RBI opposed institutional exposure to digital assets thro [...]
Coinbase Expands India Operations With Direct INR Banking Support
What to know:
Coinbase launched direct INR banking support through India's payment network.
Coinbase expanded local services while increasing [...]