News
India’s Supreme Court questioned the government’s failure to regulate cryptocurrencies despite taxing them, warning that Bitcoin and similar assets pose economic risks.
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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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US officials are reportedly investigating a data breach that caused many social engineering attacks against Coinbase users and prompted a slew of lawsuits.
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All the Coinbase customer service agents whom cybercriminals allegedly bribed to gain access to user data were based in India, according to Philip Martin.
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The order issued in the High Court of Karnataka stemmed from a complaint alleging that employees of an Indian design firm received offensive emails through Proton Mail.
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India has one of the fastest-growing Web3 investor and developer communities despite harsh crypto taxation requirements.
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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.
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Polygon is working with telecom giant Reliance Jio to integrate blockchain into web services and solve real-world problems for over 450 million users.
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Across Protocol, Crossmint, Validation Cloud, Abound, Scytale Digital, Chronicle, Halliday and Level USD announced funding rounds in March.
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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.
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Russian oil firms are using Bitcoin and USDt for trade with China and India despite global sanctions, according to Reuters.
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Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him.
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The US cryptocurrency exchange appears poised to reenter the Indian market three years after its first attempt.
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India’s Web3 ecosystem, driven by Gen Z developers, saw rapid growth in 2024, with investments surging 224% despite stringent crypto tax policies.
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A district administration in India digitized more than 700,000 land records, securing them on Avalanche blockchain to ensure transparency and prevent tampering.
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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.
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