Remittance app Abound raised $14 million in a seed round following investment from crypto heavyweights Circle Ventures and the Near Foundation. The …
Indian
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Regulation
Crypto service providers eye Indian market as India signals shift in crypto regulation
by shayaanby shayaanAs India signals a recalibration of its crypto policies, crypto service providers are targeting the Indian market. As national jurisdictions are changing …
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Indian Web3 startups saw significant growth in investment activity in 2024, raising $564 million, a substantial increase from the previous year. India …
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Regulation
Coinbase secures re-entry to Indian crypto market with FIU approval
by shayaanby shayaanCoinbase has secured approval from India’s Financial Intelligence Unit (FIU), positioning itself to re-enter the country’s crypto market. The exchange announced on …
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Adoption
Crypto allure grows in smaller Indian cities amid economic challenges
by shayaanby shayaanCrypto trading in India is booming, particularly in smaller cities, as investors look for new opportunities amid slow job growth and tightening …
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Regulation
Indian Government Slaps 70% Taxes on Unreported Crypto Gains in New Amendment
by shayaanby shayaanCrypto traders in India could end up shelling out significant tax penalties if they don’t report their gains in a timely fashion. …
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Markets
Indian Telecom Giant Jio Joins Hands With Polygon to Bring Web3 to Over 450M Users
by shayaanby shayaanIndian telecom and technology company Jio Platforms (JPL) is taking significant steps to enhance the digital experience for its more than 450 …
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Indian authorities have apprehended a suspect linked to a cryptocurrency fraud scheme. According to a statement from the Telangana Criminal Investigation Department …
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Adoption
Polygon Labs CEO says bias against Indian co-founder hindering network’s growth
by shayaanby shayaanPolygon Labs CEO Marc Boiron has attributed the network’s struggles with broader adoption in the space to racial prejudice against its co-founder, …
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Regulation
Indian Official Expresses Doubts About Crypto: ‘I Am Very Skeptical’
by shayaanby shayaanIndia’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian …