India Signals Potential Shift in Crypto Stance Amid Global Changes
Key Insights A review of India’s cryptocurrency regulations has been initiated by the government, as confirmed by Economic Affairs Secretary…
Bybit Suspends Crypto Trading in India, Seeks Regulatory Approval
Key Insights The global crypto exchange Bybit has temporarily halted trading, new account openings, and order placements in India due…
Binance Resumes Operations in India After Regulatory Compliance
Key Insights Binance has registered as a “reporting entity” with India’s Financial Intelligence Unit, allowing it to resume operations in…
India’s Nifty 50 Surges Past 25,000, Outperforming S&P 500
Key Insights India’s benchmark Nifty 50 index has surged 11.8% so far in 2024, outperforming the S&P 500’s 9% gain…
WazirX Crypto Exchange Hit by $230 Million Hack, Withdrawals Suspended
Key Insights WazirX cryptocurrency exchange suffers a $230 million security breach due to a suspected private key compromise of its…
India’s Financial Watchdog Fines Binance $2.25 Million for AML Liolations
Key Insights India’s financial regulator has imposed a penalty of 188.2 million rupees ($2.25 million) on Binance for violating anti-money…
Binance Stops Cash Payments for P2P Trading in India, Promotes Alternative Methods
Key Insights Binance suspends cash payments for P2P trading in India to enhance regulatory compliance and security. The move follows…
Crypto Exchange OKX Exits India Citing Regulatory Challenges
Key Insights OKX is shutting down operations in India and requiring users to withdraw funds by April 30th The move…
India Stock Market Now 4th Largest Globally, Topping Hong Kong
Key Insights India’s equity market cap overtook Hong Kong’s for the first time ever, making it the 4th largest globally…
India Accuses Major Crypto Exchanges of Illegal Operations Without Local Registration
Key Insights India’s financial crimes watchdog issues compliance notices to 9 major crypto exchanges including Binance, KuCoin, Bitfinex Authorities allege…