Crypto exchange WazirX is waiting for a hearing to take place in mid-May that will allow it to restart operations and compensate affected users.
India News

India today is no stranger to the concept of Bitcoin (BTC) and cryptocurrency. Home to over 1 billion people, the South Asian country touts a population rivaling that of China. India, officially known as the Republic of India, is the second-largest country by population after China. The industry of cryptocurrency in India today still shows a country that is uncertain about the asset class.
In India, government bodies have discussed the country’s stance on cryptocurrencies for years. Although headlines have mentioned various possible cryptocurrency-related bans and regulatory moves — with people often asking, “Is Bitcoin legal in India?” — the country has yet to officially outlaw crypto on the whole. Companies focused on digital assets could not work with banks for a time, thanks to a 2018 ruling from the Reserve Bank of India, or RBI — the country’s central bank — but those restrictions were removed in 2020.
- News12565
- News
Polygon is working with telecom giant Reliance Jio to integrate blockchain into web services and solve real-world problems for over 450 million users.
5991 - News
Across Protocol, Crossmint, Validation Cloud, Abound, Scytale Digital, Chronicle, Halliday and Level USD announced funding rounds in March.
4428 - Opinion
MahaKumbh 2025 showcased India’s metaverse potential, merging spiritual traditions with immersive technologies. India is on a unique path toward a culturally rooted digital revolution.
841 - News
Russian oil firms are using Bitcoin and USDt for trade with China and India despite global sanctions, according to Reuters.
13231 - News
Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him.
2431 - News
The US cryptocurrency exchange appears poised to reenter the Indian market three years after its first attempt.
2502 - News
India’s Web3 ecosystem, driven by Gen Z developers, saw rapid growth in 2024, with investments surging 224% despite stringent crypto tax policies.
4255 - News
A district administration in India digitized more than 700,000 land records, securing them on Avalanche blockchain to ensure transparency and prevent tampering.
7547 - News
India’s Central Bureau of Investigation is conducting nationwide raids in connection with the GainBitcoin scam, which defrauded 8,000 investors with false Bitcoin returns.
5151 - News
Cryptocurrency exchange Bybit has announced its comeback to India after registering with authorities in the country.
2193 - News
Indian authorities have seized nearly $190 million worth of crypto tied to the notorious BitConnect Ponzi scheme, which collapsed in 2018.
24350 - News
Coinbase is in talks with Indian regulators to reenter the market after its 2023 exit as the FIU eases its stance on offshore crypto exchanges.
1835 - News
India’s financial regulator has fined Bybit $1 million for failing to register under the Prevention of Money Laundering Act, leaving its compliance status unclear.
3237 - News
WazirX warns creditors that repayments could be delayed until 2030 if they reject its restructuring plan, which was recently approved by the High Court of Singapore.
3682