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.

News
Indian crypto investors will reportedly be given a specific time frame to declare their crypto holdings and hold their assets on crypto exchanges regulated by S...
India to regulate, not ban, crypto: Cabinet documents
Brian Quarmby
2021-12-03T02:06:37+00:00
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Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.”
India misinterpreted private crypto ban, says crypto bill creator
Arijit Sarkar
2021-11-30T08:39:48+00:00
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Newsletter
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter.
Law Decoded: India ponders going full China on crypto, Nov. 22–29
Beau Linighan
2021-11-29T17:00:00+00:00
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CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August.
India’s crypto unicorn CoinDCX has no immediate plans for IPO
Helen Partz
2021-11-29T13:43:06+00:00
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News
Singapore’s Coinstore crypto exchange has allotted $20 million to open three new offices in the Indian market.
Singaporean crypto exchange enters India amid regulatory uncertainty
Arijit Sarkar
2021-11-29T08:56:04+00:00
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Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private and, therefore,...
Experts divided on how far India’s ‘private crypto’ ban will go
Keira Wright
2021-11-25T05:22:51+00:00
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News
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto.
Crypto prices in India tumble after crypto bill announced
Arijit Sarkar
2021-11-24T08:50:05+00:00
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The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India's lower house of parliament to consider whe...
Indian parliament's agenda for winter session includes bill on banning 'private cryptocurrencies'
Turner Wright
2021-11-23T16:15:00+00:00
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