Explained
A landmark ruling granting XRP property status in India strengthens investor rights and boosts confidence in digital asset ownership.
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.
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Just a few weeks after a Singaporean court approved WazirX's parent company's restructuring plan, a decision out of one of India's courts may impact users.
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WazirX’s phased comeback begins Friday, offering 30 days of zero-fee trading as the exchange rebuilds liquidity and trust after a long hiatus.
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Top exchanges in Hong Kong, India and Australia are rejecting companies seeking to become crypto hoarders, citing shell company concerns.
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Coinbase Ventures invested in Indian exchange CoinDCX at a $2.45 billion valuation as the US crypto company expands into India and the Middle East.
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The Singapore High Court’s approval clears the way for WazirX to restart operations and begin compensating more than 150,000 users.
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India doesn’t “encourage or discourage” crypto, it “only taxes it,” Minister Piyush Goyal said, while unveiling a new RBI-backed digital currency project.
3243 - Explained
What is India’s levy crypto tax, and how does it apply across various types of transactions, such as trading, selling or spending your crypto?
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India is reportedly delaying comprehensive crypto regulation as its central bank warns rules could legitimize digital assets and create systemic risks.
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The US climbed to second in Chainalysis’ 2025 Global Adoption Index rankings, with India taking out top spot and Pakistan, Vietnam and Brazil rounding out the top five.
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A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin.
26495 - Opinion
As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale.
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Family offices across Asia are boosting digital asset exposure, driving new crypto funds, exchange activity, and shifting adoption beyond retail-led growth.
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WazirX has been trying to get a restructuring plan through the Singapore High Court to start returning funds to users impacted by the $234 million hack in 2024.
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Coinbase legal chief Paul Grewal met with Karnataka IT Minister Priyank Kharge to explore collaboration on developer tools, cybersecurity and blockchain in governance.
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