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india

Mumbai, India (Renzo D'Souza/Unsplash)
India's Central Bank Crystalizes CBDC Vision in Concept Note
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," said the RBI.
Mumbai, India (Renzo D'Souza/Unsplash)

WazirX CEO Nischal Shetty (WazirX)
Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources
The eliminated workers were told they would be paid for 45 days.
WazirX CEO Nischal Shetty (WazirX)

CDCROP: Man wearing headphones sits at computer coding (Unsplash)
India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case
The agency has been conducting several search operations related to an "illegal loan apps" scam with China links .
CDCROP: Man wearing headphones sits at computer coding (Unsplash)

CDCROP: WazirX CEO Nischal Shetty (WazirX)
Crypto Exchange WazirX to Delist USDC in Boost for Binance's Stablecoin
WazirX will automatically convert customer holdings into BUSD in an effort to boost the value of Binance's stablecoin.
CDCROP: WazirX CEO Nischal Shetty (WazirX)

Mumbai, India (Renzo D'Souza/Unsplash)
Indian Agency 'Unfreezes' Bank Account of Crypto Exchange WazirX
The account was frozen in relation to the "illegal loan apps" scam investigation, which has come under the national spotlight.
Mumbai, India (Renzo D'Souza/Unsplash)

Mumbai, India (Renzo D'Souza/Unsplash)
Indian Police Arrest Two Suspected of Duping 1,400 in Alleged $12M Crypto Scam
So far 24 investors have come forward claiming they've been conned out of $55,000.
Mumbai, India (Renzo D'Souza/Unsplash)

Left to right: Vimal Sagar, co-founder and chief operating officer; Govind Soni, co-founder and chief technology officer; and Ashish Singhal, co-founder and CEO (CoinSwitch Kuber)
CoinSwitch CEO, in Wake of Searches by Indian Authorities, Says the Crypto Exchange Is 'Fully Cooperating'
Ashish Singhal also sought to clarify that the "engagement with the ED" is not about money laundering.
Left to right: Vimal Sagar, co-founder and chief operating officer; Govind Soni, co-founder and chief technology officer; and Ashish Singhal, co-founder and CEO (CoinSwitch Kuber)

CDCROP: From Left to Right: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)
Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3
Okto will be available in India within CoinDCX Pro and as a standalone Okto App globally.
CDCROP: From Left to Right: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

Left to right: Vimal Sagar, co-founder and chief operating officer; Govind Soni, co-founder and chief technology officer; and Ashish Singhal, co-founder and CEO (CoinSwitch Kuber)
Crypto Exchange CoinSwitch Kuber Searched by Indian Authorities: Source
Five premises tied to CoinSwitch Kuber are reportedly being searched.
Left to right: Vimal Sagar, co-founder and chief operating officer; Govind Soni, co-founder and chief technology officer; and Ashish Singhal, co-founder and CEO (CoinSwitch Kuber)

CDCROP: New Delhi, India
RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
The central bank has maintained banning cryptocurrency is the most suitable choice for India.
CDCROP: New Delhi, India