Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.
India, or Republic of India, is a federal state in South Asia. It is the second-largest country by population after China and the seventh-largest by territory in the world. India has a developing mixed economy, which is the world’s sixth largest in terms of nominal GDP. In India, cryptocurrency payments are becoming more and more popular among its citizens. Currently, the government is developing regulations for operations related to virtual currencies. It is aimed to protect investors and users, prevent money laundering, control the taxation of transactions, etc. Besides that, according to the Indian Minister of Finance, the authorities are concerned about digital currencies’ volatility and anonymity and are considering banning all payments in cryptocurrency. Nevertheless, the future of using cryptocurrency in India remains uncertain.
Matic to release a “Large Scale Developer Initiatives” program to strengthen mainnet adoption.1982
One of India’s largest farmer producer organizations plans to use blockchain to help farmers receive higher pay.3686
Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps.5170
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India.5037
Indian banks are reluctant to work with crypto firms, even though RBI clears the air.9466
Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption.4276
Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies.7422
As dark clouds gather above India’s crypto sector, Binance has joined the country’s top internet association in a bid to shape the industry’s future.3768
Indian cryptocurrency exchange CoinDCX launched a learning platform dedicated to blockchain and cryptocurrencies.8533
Five individuals have been identified by Indian police as likely involved with a crypto investment scam that has operated since 2017.14418
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news.1366
Three months after the Supreme Court ruling to lift the banking ban, India’s Ministry of Finance has proposed to ban cryptocurrencies by law.9432
Tradehorn has become the latest startup to launch a cryptocurrency exchange in India after the Supreme Court repealed the Reserve Bank’s ban.7631
The Indian Port Community System has integrated blockchain platform CargoX in a bid to digitize its cargo documentation.3871