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India

India IT ministry orders digital currency exchanges to store user data for 5 years
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5 May, 2022

India IT ministry orders digital currency exchanges to store user data for 5 years

The directive, which is set to come into force on June 22, also applies to data centers, Virtual Private Server...
India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more
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27 April, 2022

India digital currency regulations aftermath: Frozen payments, Bitcoin brain drain, traders’ woes and more

Investors and traders are bearing the strict regulations on digital currency in India—with some transferring their digital currencies to overseas...
After Coinbase, MobiKwik wallet also withdraws UPI payments in India
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14 April, 2022

After Coinbase, MobiKwik wallet also withdraws UPI payments in India

Following the news between Coinbase and NPCI, MobiKwik wallet also withdraws its UPI payments for digital currency trading, paving a...
Coinbase suspends support for UPI payments in India amid regulatory heat
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11 April, 2022

Coinbase suspends support for UPI payments in India amid regulatory heat

The U.S.-based exchange announced that it has temporarily disabled buying digital currencies via Unified Payments Interface (UPI) less than four...
The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops
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1 April, 2022

The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops

Ronin Bridge, the Ethereum sidechain used by popular NFT game Axie Infinity, lost over $600 million in what appears to...
Bitcoin users to pay 30% digital currency tax in India from April 1
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29 March, 2022

Bitcoin users to pay 30% digital currency tax in India from April 1

The Indian Parliament passed the Finance Bill 2022-2023, which confirmed the 30% tax rate on all virtual digital assets (VDAs)...
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