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India

India central bank tests e-rupee to stifle digital assets effects
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12 October, 2022

India central bank tests e-rupee to stifle digital assets effects

One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...
India’s NPCI may be building a single-token digital identity—here’s why
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11 October, 2022

India’s NPCI may be building a single-token digital identity—here’s why

A single-token digital identity is known as the next iteration of identity solutions by the government, with the benefits of...
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...
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