India’s SEBI recommends local regulators to monitor crypto trading
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. Go to Source
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House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded
U.S. President Joe Biden may block the U.S. House of Representatives’ decision. Go to Source
Vodafone looks to integrate crypto wallets with sim cards
The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt Go to Source
Binance Set to Re-Enter Indian Market With $2 Million Fine Settlement
Binance and nine other foreign crypto exchanges were originally blocked in India due to non-compliance with the country’s Anti-Money Laundering (AML) regulations, but Binance is set to return after a four-month absence by paying a $2-million fine, according to The Economic Times. The Indian Financial Intelligence Unit (FIU) mandated that foreign crypto exchanges, including Binance, … Read more
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets. Noting that “necessary changes will be made to the system to facilitate this,” the Reserve Bank of India (RBI) said the initiative is expected “to enhance access and expand choices available to users.” Non-Bank … Read more
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently … Read more
IEEE to issue blockchain skill certificates on Avalanche in India
Avalanche was selected as the primary settlement layer for IEEE’s certificate issuance because of the need for an ecosystem compatible with an Ethereum Virtual Machine (EVM). Go to Source
Indian government set to introduce rules against deepfake menace
In talks with stakeholders, Minister Ashwini Vaishnaw aims to finalize the Indian government’s AI deepfake regulations in the coming weeks. Go to Source
Indian Supreme court rejects crypto petition, highlights legislative nature
Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature. Go to Source
India trained 3,000 police officials on crypto investigations in 2022–2023
The Narcotics Control Bureau and the Indian Cyber Crime Coordination Centre trained 141 officials and over 2,800 officers in the financial year 2022–2023. Go to Source