India


Finance

Crypto Adoption Numbers in India Could Be ‘Exaggerated,’ Says RBI Governor

Shaktikanta Das said he is “not so sure about the numbers which being quoted.”

Credit: Shutterstock

Markets

This Diwali Season, Indians FOMO Over Shiba Inu

“The motivation to buy SHIB is to earn good profit in a short time,” one investor told CoinDesk.

Diwali Celebrations by bursting fire crackers at Marine Lines in Mumbai, Maharashtra, India. Diwali, the festival of lights is celebrated by Indians in full gaiety.

Finance

Coinbase Acquires AI Customer Support Startup Agara

Under the deal, Agara’s mostly India-based staff will join Coinbase’s operations.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Policy

India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report

The government is likely to opt for regulating cryptocurrencies as an asset class, similar to commodities, with appropriate taxation of transactions and gains.

What Coinbase Job Postings in India Say About the Proposed Indian Crypto Ban

Videos

SHIB Overtakes Bitcoin as Top Traded Token in Indian Rupee Market This Week

WazirX founder and chief operating officer Siddharth Menon discusses the rise of meme coins in India as the Shiba Inu coin has overtaken bitcoin as the top traded token in the Indian rupee market this week. #Shibainu was the top Twitter trend in the country. Plus, the state of crypto affairs and acceptance within the Indian parliament.

Recent Videos

Policy

India’s Securities Regulator Warns Advisers Against Dealing in Unregulated Assets

SEBI cautioned investment advisers to not deal in unregulated assets, including digital gold.

SEBI Bhavan, head office of Securities and Exchange Board of India in Mumbai. (Jimmy vikas/Wikimedia Commons)

Policy

India’s Newest Crypto ‘Unicorn’ CoinSwitch Kuber in Talks with Government over Regulation: Report

CEO Ashish Singhal said the company is making “amazing progress” in its conversations with the government and regulators.

L to R: Vimal Sagar - Co-founder & COO, Govind Soni - Co-founder & CTO and Ashish Singhal - Co-founder & CEO

Finance

A16z, Coinbase Back CoinSwitch Kuber in $260M Funding Round

The Indian exchange is valued at $1.9 billion, making it India’s second crypto “unicorn.”

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)

Markets

Large Institutional, DeFi Activities Dominate India Crypto: Chainalysis

The blockchain research group thinks the country could soon become a regional hub for cryptocurrency-related investments.

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