Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase

Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading … Read more

India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market

The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. RBI Near Digital Rupee Announcement As the Indian government prepares to introduce the cryptocurrency bill that seeks … Read more

CryptoBiz Exchange Launches in India

Recently, cryptocurrency trading in India has spiked and grown at an unprecedented level. As the Bitcoin rallies and grows strength by strength, the Indian crypto community has multiplied and with this, a fair and regulated market has been on the top of their demands. Amidst the ever-growing market, there are some existing players that have … Read more

Government Official Updates Progress of India’s Cryptocurrency Law

A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill India’s cryptocurrency bill is back in the limelight on Tuesday after Moneycontrol reported on … Read more

India to Significantly Increase Crypto Market Share This Year: Report

India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing The Indian cryptocurrency market is poised to gain considerable global market share starting … Read more