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India

RBI: Chances of India’s ‘cryptoisation’ limited but still need close monitoring
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6 July, 2022

RBI: Chances of India’s ‘cryptoisation’ limited but still need close monitoring

The Reserve Bank of India states that digital assets don't pose a significant risk because the market is relatively small,...
India’s blockchain and digital currency-related job listings grew by 804% since 2020: Indeed
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3 July, 2022

India’s blockchain and digital currency-related job listings grew by 804% since 2020: Indeed

The data from the report shows that digital assets-related job roles comprise about 67.48% of all tech hires from April...
CoinDCX: Restricted withdrawals will strengthen compliance and risk framework
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30 June, 2022

CoinDCX: Restricted withdrawals will strengthen compliance and risk framework

The notice comes after users took to social media to decry the lack of explanation for the suspension of withdrawals...
RBI collaborating with top banks for blockchain-based trade financing pilot project
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29 June, 2022

RBI collaborating with top banks for blockchain-based trade financing pilot project

Top banks currently involved in the pilot include HDFC Bank, ICICI Bank, and State Bank of India (SBI). Axis Bank,...
India clarifies rules for filing controversial 1% TDS for digital assets
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28 June, 2022

India clarifies rules for filing controversial 1% TDS for digital assets

The circular from the CBDT amends the Income Tax rules to specify how firms and individuals should comply with the...
Indian digital currency exchanges asking NPCI to restore UPI services: report
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23 June, 2022

Indian digital currency exchanges asking NPCI to restore UPI services: report

In April, NPCI issued a notice that it was unaware of any digital currency exchanges using the UPI system. The...
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