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India

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Feb 2, 2024 at 12:30 a.m. UTC
Feb 2, 2024
RegulationsCryptoIndiaRBICBDCsPrivacyReserve Bank of Indiadigital rupeeExclusive
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Feb 1, 2024 at 7:18 a.m. UTC
Feb 1, 2024
RegulationsFinance MinisterNirmala SitharamanIndiaBudgetTaxCryptoCBDCRBIIndia Election
India flag (Shutterstock)
Policy
Regulations
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex were sent showcause notices by the Indian government.
India flag (Shutterstock)
By Amitoj Singh
Jan 10, 2024 at 7:08 a.m. UTC
Jan 10, 2024
RegulationsBinanceKuCoinOKXCryptoExchangesFinance MinistryIndiaApple
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)
Policy
Regulations
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.
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)
By Amitoj Singh
Jan 4, 2024 at 3:20 p.m. UTC
Jan 4, 2024
RegulationsIndiaReserve Bank of IndiaCBDCsdigital rupee
New Delhi, India (Unsplash)
Policy
Regulations
India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
New Delhi, India (Unsplash)
By Amitoj Singh
Dec 29, 2023 at 3:49 p.m. UTC
Dec 29, 2023
RegulationsIndiaFinance MinistryCryptoBinanceKuCoinHuobiTaxComplianceExclusive
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Policy
Regulations
India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
By Amitoj Singh
Dec 28, 2023 at 4:39 p.m. UTC
Dec 28, 2023
RegulationsIndiaCryptoFinance MinistryBinanceKuCoinHuobi
The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
Video
Cdtv
The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
The Sandbox's SAND token has risen about 40% in the past month, as CoinDesk reports the metaverse platform is planning to make India its largest market within the next 2 years...
The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
By CoinDesk Staff
Dec 22, 2023 at 3:43 p.m. UTC
Dec 22, 2023
cdtvIndiaMetaverseChartDay_SponsorSANDSandbox
How Upcoming Elections Around the World Could Impact the Crypto Industry
Video
Nikhilesh de
How Upcoming Elections Around the World Could Impact the Crypto Industry
As 2023 comes to an end, CoinDesk managing editor for global policy and regulation Nikhilesh De looks ahead to the upcoming elections in the United States, European Parliament...
How Upcoming Elections Around the World Could Impact the Crypto Industry
By CoinDesk Staff
Dec 21, 2023 at 2:11 p.m. UTC
Dec 21, 2023
Nikhilesh DecdtvIndiaFM Clipcrypto regulationEuropean ParliamentUnited StatesNik DeStateCrypto_Sponsor
Animation of The Sandbox and BharatBox (Courtest: BharatBox)
Web3
India
The Sandbox Aims to Make India Its Largest Market
The Sandbox's partnership with CoinDCX and Okto could make India its largest market.
Animation of The Sandbox and BharatBox (Courtest: BharatBox)
By Amitoj Singh
Dec 21, 2023 at 5:57 a.m. UTC
Dec 21, 2023
IndiaThe SandboxMetaverseCoinDCXGaming
What India's Controversial Crypto Tax Means for Investors
Video
Cdtv
What India's Controversial Crypto Tax Means for Investors
India introduced a 30% tax on crypto profits and the 1% TDS on all transactions in July, 2022, resulting in traffic taking a nosedive and many exchanges going into survival mo...
What India's Controversial Crypto Tax Means for Investors
By CoinDesk Staff
Dec 11, 2023 at 4:33 p.m. UTC
Dec 11, 2023
cdtvIndiaFM ClipCoinDCXSocial_ClipSumit gupta