India has become vigilant about decentralized communication technology after issuing an order to GitHub to disable Bitchat, an offline communication tool developed by Jack Dorsey. This happened when protesters were resorting to using Bluetooth mesh communication technology amid internet shutdowns in protest areas. Indian Cyber Crime Coordination Center, issued the
India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct
A major USDT supply squeeze has hit India’s USDT market, sending the price premiums of the stablecoin past its usual trading band. As per a report from The Economic Times, USDT was sold at around 102.88 INR on Saturday, whereas the USD/INR foreign exchange ratio stood at 94.65 on Friday.
AAP MP Raghav Chadha addressed the Rajya Sabha, urging the Indian government to legalise Virtual Digital Assets as a formal asset class. He noted that the government has already started taxing digital assets but has failed to accord them the requisite legal classification. Chadha noted that the tax structure requires
On May 29, the Chairman of Bharti Enterprises and the former president of the Confederation of Indian Industry, Sunil Bharti Mittal, demanded urgent regulatory clarity on virtual assets, quoting the volatile nature of the sector. Mittal attended the CII Annual Business Summit 2025, and there he spoke about the global
Though crypto and virtual assets are gaining popularity, there exists certain criticism including terrorists’ usage of cryptocurrencies in an anonymous way. Amit Shah, an Indian Minister of Home Affairs has highlighted the consequences of terrorists utilizing the crypto assets and metaverse. However, the growing crypto exploitation points the terrorism as
Indian traders have lost around ₹1000 crores to phishing exchange sites. A panel meeting is planned with the financial authorities of the nation next week. The buying trend presently prevailing in the crypto market is welcoming to both genuine and fraudulent individuals. Cheaters and scammers are taking advantage of investors’
Kashif Raza thrashes India based crypto exchanges. Determines will only result in losses for the youth. Ridicules abruptly on comparing with Indian online games. The Indian crypto currency industry has come up a long way so far. From initially planning to ban crypto for the nation to the nation coming
Being one of the world’s largest crypto users in the country, India has a lot to play with the entire crypto industry. The prominent role India plays decides and ought to impact the entire crypto and blockchain ecosystem. In such terms, whatsoever, decision’s the nation takes in regards with cryptocurrency
India ranked second in overall crypto searches. India’s crypto industry increased 641 percent. The legislative position of cryptocurrency in India is uncertain, but that hasn’t stopped Indians from investing. Indians are also using digital assets as a payment method. Many companies now accept it. Even freelancers working for foreign clients
