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India

India’s financial unit freezes $1.2M funds from Chinese entities over suspected digital asset fraud
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7 October, 2022

India’s financial unit freezes $1.2M funds from Chinese entities over suspected digital asset fraud

Several Chinese entities were busted over their alleged involvement in a fraudulent scheme that saw the misappropriation of millions of...
India’s WazirX lays off 40% of workforce as trading volume plummets
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4 October, 2022

India’s WazirX lays off 40% of workforce as trading volume plummets

WazirX will lay off as many as 70 employees, many of whom were assured of their job security just months...
India freezes $1.5M of laundered funds linked to mobile gaming scam
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3 October, 2022

India freezes $1.5M of laundered funds linked to mobile gaming scam

The Enforcement Director D froze a wallet containing 77 BTC, which was bought through WazirX and later transferred to Binance...
Blockchain growth in India to rise by 46% in the coming years, finance minister says
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25 September, 2022

Blockchain growth in India to rise by 46% in the coming years, finance minister says

Amid its tumultuous ties with digital assets, India is positive that the public and private sectors will embrace the use...
Indian Institutes of Technology to offer programs on NFTs, Web3 technologies
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16 September, 2022

Indian Institutes of Technology to offer programs on NFTs, Web3 technologies

Geared toward reaching its ambition of becoming a regional powerhouse in the digital scene, India sets up a first-of-its-kind collaboration...
Indian state uses blockchain to improve registration of new properties
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14 September, 2022

Indian state uses blockchain to improve registration of new properties

Maharashtra’s inspector General of the Department of Registration and Stamps said that information on all property in the region would...
First BSV Citadel office opens in India
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12 September, 2022

First BSV Citadel office opens in India

The Citadel office will be free to use for developers, CEOs, and BSV knowledge seekers and will also be used...
Digital assets investors in India lose thousands of dollars in new scam
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11 September, 2022

Digital assets investors in India lose thousands of dollars in new scam

Thousands of digital assets investors in India have fallen prey to a scam operated by a lone man as the...
Reserve Bank of India in talks with global financial institutions, local banks on piloting CBDC
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10 September, 2022

Reserve Bank of India in talks with global financial institutions, local banks on piloting CBDC

India is eager to kickstart its CBDC trial, partnering with renowned fintech firms to ensure the success of the initiative,...
Accenture India spearheads metaverse expansion plans
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9 September, 2022

Accenture India spearheads metaverse expansion plans

Accenture India pursues its vision to contribute to the expansion of the metaverse by hiring and upskilling workers in line...
India awaits global recommendation to ban non-custodial wallets: report
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7 September, 2022

India awaits global recommendation to ban non-custodial wallets: report

The finance ministry and the Reserve Bank of India are reportedly in agreement that banning non-custodial digital asset wallets without...
India goes after Andreessen Horowitz-backed CoinSwitch exchange over forex laws violations
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30 August, 2022

India goes after Andreessen Horowitz-backed CoinSwitch exchange over forex laws violations

India’s Enforcement Directorate reportedly raided five premises owned by CoinSwitch as it cracks down on the exchange for KYC and...