Dorsey: India targets Bitchat over decentralized tech
The X founder's accusation against the world's largest internet market adds a new front to his offline-messaging push, but no official Indian ban has been confirmed.
Every Zipp story tagged #India, newest first.
The X founder's accusation against the world's largest internet market adds a new front to his offline-messaging push, but no official Indian ban has been confirmed.
The tax drag has thinned volumes but not the user base: India still counts roughly 39 million verified crypto holders sitting on about $2.1B in assets despite a punitive 30% flat rate and 1% TDS on…
India's central bank wants to bar regulated lenders from holding or trading any crypto, with privately issued stablecoins singled out as the spillover risk worth choking first.
The Reserve Bank wants prohibition-leaning policy as tax officials flag that under a quarter of 645,000 crypto users reported transactions, even as India still hosts roughly 39 million investors…
India hosts 39M crypto holders and $2.1B in digital assets, yet the central bank keeps lobbying for prohibition while tax authorities flag widespread underreporting and offshore tracking gaps.
A regional trading contest with a ₹3.3 crore ($350K+) USDC prize pool. The interesting read is what landing a perps leaderboard in India says about Coinbase's retail expansion order of operations.
India's central bank wants a near-total block on crypto, framing the stance as prohibition rather than regulation.
The premium has blown past the usual 3–4% band, with India’s enforcement agency widening the squeeze after a recent action rattled market makers sourcing USDT offshore.
The premium is a real-time gauge of India's chronic dollar-on-ramp shortage: the usual 3-4% spread just doubled as market makers stepped back after the ED raided six Bengaluru payment firms.
The premium spike is the symptom; the crackdown on crypto remittance desks in Bengaluru and a July 2 parliamentary sit-down with the RBI are the supply shock behind it.
Indian rupee volatility and tightening USDT rails are pushing the on-shore premium to extreme territory, with local demand now revealing the depth of the country's de facto dollar shortage.
The local USDT-INR premium has more than doubled from its 3–4% norm in days, and the Enforcement Directorate's INR 250B money-transfer sweep just removed a popular remittance channel NRI users relied…
The meeting, first reported by Bloomberg, sits at the intersection of two parallel legal tracks: the Justice Department's reversal on Adani and the Trump family's deepening India business ties.
India moved to ban Pavel Durov's Telegram platform this week, sending GRAM and the broader Indian crypto market into a…
India's Directorate of Enforcement (ED) filed a prosecution complaint against Chirag Tomar and seven other individuals…
India's Income Tax Department has issued more than 44,000 notices tied to virtual digital asset (VDA) gains and…
After a two-year regulatory exit, Coinbase is back with FIU-IND registration, rupee bank deposits via IMPS, dedicated INR order books, and perps — the cleanest re-entry any US exchange has pulled off…
The launch lands fully FIU-IND-registered with local order books built — letting Indian users skip the stablecoin workaround that's defined the market for years.
The June 1 IMPS integration cuts P2P intermediaries out of the funding loop for India's $3B crypto market — and FIU-IND registration signals Coinbase is finally settling the regulatory score from its…
Taiwan has officially surpassed India to claim the rank of the world's fifth largest stock market by capitalization, a…