India


Policy

Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active

The question of the extent of Coinbase's operations in India was triggered after it sent emails to some customers asking them to withdraw their funds by September 25.

Coinbase CEO Brian Armstrong (Coinbase)

Policy

India Will Decide on Its Crypto Stance in Coming Months

India's individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.

Shaktikanta Das, Governor, Reserve Bank of India (left) and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Videos

India’s G20 Presidency, Blockchain Week Outlook

Host Angie Lau breaks down the crypto presence at India's G20 summit as global leaders discuss establishing a regulatory framework for digital assets. Plus, an outlook on the upcoming blockchain discussions in Singapore, Philippines and Dubai. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Videos

Grayscale Scores Legal Victory Against SEC; India Moves on Blockchain

Host Angie Lau takes a deep dive into Grayscale Investments' legal victory against the U.S. Securities and Exchange Commission (SEC) and what this means for other pending bitcoin ETF applications. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG). Plus, the state of blockchain developments in India. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

Finance

OKX Planning Web3 Foray Into India, Chief Marketing Officer Says

OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community.

New Delhi, India (Unsplash)

Finance

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

The firm laid off 44 employees from the team, which still has 82 members.

CoinSwitch Kuber COO and co-founder Vimal Sagar (left), co-founder and CTO Govind Soni and co-founder and CEO Ashish Singhal. (CoinSwitch Kuber)

Policy

Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs

India has already made significant progress towards a wholesale and retail CBDC even though a full-scale launch is awaited.

Indian billionaire Mukesh Ambani (YouTube)

Videos

Indian Crypto Exchange CoinDCX Is Slashing 12% of Jobs Amid Bear Market, Crypto Taxes

One of India's most prominent cryptocurrency exchanges, CoinDCX, is cutting about 12% of its staff as the prolonged bear market and India's tax policies hit revenue. CoinDesk regulatory reporter Amitoj Singh breaks down how crypto services are impacted by the stiff taxes India has imposed on the industry.

Recent Videos

Finance

Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll

The number of employees losing their jobs is 71 out of some 590.

From left: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

Policy

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

Indian fFnance Minister Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)