India


Finance

India's Appetite for Crypto Derivatives Is Growing, Exchanges Say

India is developing an appetite for crypto derivatives, even as the country's Supreme Court continues to deliberate over the future of the exchange industry.

Three Delta Exchange co-founders, including CEO Pankaj Balani (center). (Photo courtesy of Delta Exchange)

Markets

OKEx Partners With Bain-Backed Crypto Exchange to Launch Leveraged Futures in India

Through the partnership the firms will launch a new futures trading platform in India, providing OKEx with a foothold in a high-potential market.

Mumbai skyline image via Shutterstock

Policy

Southern Indian State to Launch Dedicated Blockchain Incubator

The Indian state of Telangana is to launch a dedicated blockchain incubator with assistance from top educational institutions.

Hyderabad, India

Policy

India's Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos

The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.

Credit: Shutterstock

Markets

Power Ledger, Indian Government to Boost Renewables With P2P Energy Trading Initiative

Australian blockchain startup Power Ledger will pilot a peer-to-peer solar energy trading platform alongside an Indian utility firm and a government agency.

Credit: Shutterstock

Markets

India Plans to Issue a National Blockchain Framework

The Indian government is drafting a paper outlining a new national blockchain framework, a minister wrote Wednesday.

(Danshutter/Shutterstock)

Markets

India's Defense Minister Touts Blockchain, AI Role in Warfare

India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.

Indian army tanks

Markets

Indian Panel Proposes Fines and Jail Time for Cryptocurrency Use

The panel also encouraged some distributed ledger projects including a government-owned cryptocurrency.

Andhra Pradesh, India

Markets

Facebook Says It Won't Launch Crypto in India Due to Regulatory Issues

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

Facebook

Markets

Indian Police to Get Special Training to Spot Crypto Scams

A new training session seeks to create "domain expertise" for cryptocurrency related crimes.

Police