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India

India in ‘no hurry’ for CBDC development despite notching huge milestones
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12 February, 2023

India in ‘no hurry’ for CBDC development despite notching huge milestones

India’s digital rupee pilot already had over 50,000 users and 5,000 merchants, but despite the impressive numbers, the Reserve Bank...
India teams up with IMF and FSB on global virtual currency regulations
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10 February, 2023

India teams up with IMF and FSB on global virtual currency regulations

India is mulling a partnership with the International Monetary Fund (IMF) and the Financial Stability Board (FSB) in its quest...
India: Reliance Retail to accept CBDC payments soon—here’s all you need to know
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8 February, 2023

India: Reliance Retail to accept CBDC payments soon—here’s all you need to know

V Subramaniam, Director of Reliance Retail, said that accepting digital currency at their stores aligns "with the company's strategic vision...
Rationalized India tax regime to bring down TDS—Digital currency experts hopeful for Union Budget 2023
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7 February, 2023

Rationalized India tax regime to bring down TDS—Digital currency experts hopeful for Union Budget 2023

India’s Finance Minister presented the Union Budget for 2023-24, but the question is will the government change its existing taxation...
Bitcoin SV listed on Coinstore.com
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6 February, 2023

Bitcoin SV listed on Coinstore.com

Bitcoin SV joins a selective list of digital assets available on Coinstore, with the new listing pointing to its continued...
India urged to hasten blockchain transition for administrative transparency
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6 February, 2023

India urged to hasten blockchain transition for administrative transparency

Silicon Valley venture capitalist Tim Draper believes that Web3 startups in India would play a major part in the adoption...
India snubs plea to reduce tax burden in Union Budget 2023
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4 February, 2023

India snubs plea to reduce tax burden in Union Budget 2023

Existing laws on digital assets remain, including the 1% TDS, following the Union Budget, but key industry players remain hopeful...
Binance demanded WazirX ‘lie publicly’ to clear CZ’s name in leaked emails: report
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2 February, 2023

Binance demanded WazirX ‘lie publicly’ to clear CZ’s name in leaked emails: report

Binance sent an email a week ago demanding that WazirX publicly take back all statements about its ownership, but WazirX...
India’s New Delhi deploys blockchain to streamline criminal investigation process
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31 January, 2023

India’s New Delhi deploys blockchain to streamline criminal investigation process

New Delhi’s government deployed blockchain tech in its Forensic Science Laboratory (FSL) to ensure that evidence obtained from crime scenes...
India’s TDS rule under fire as critics call for immediate reduction
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29 January, 2023

India’s TDS rule under fire as critics call for immediate reduction

The report claims that the existing 1% TDS rate is pushing numerous industry service firms out of the country, adding...
India eyes boosting talent pool with new blockchain module for students
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27 January, 2023

India eyes boosting talent pool with new blockchain module for students

The new learning module will cover topics such as consensus algorithms, digital assets, smart contracts, civil identities, and the current...
India should introduce ‘more principle-based’ legal framework for digital currency, IT minister says
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24 January, 2023

India should introduce ‘more principle-based’ legal framework for digital currency, IT minister says

Minister Rajeev Chandrasekhar noted that the new rules would be "less prescriptive and more principle-based" to provide for the rapid...