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India

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...
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...
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