Coinbase Extends Timeline for Fund Withdrawal for Users in India
Coinbase has informed its consumers in India of a delay in the deadline for withdrawals from their accounts. This choice was made as Coinbase prepares to stop offering cryptocurrency trading services nationwide due to regulatory issues. The exchange has stopped new sign-ups and urged users to withdraw their assets before the deadline, even though it […]
Crypto Exchange Gemini to Invest $24 Million in India Hub
Gemini disclosed its intention to invest a substantial amount of INR 200 crore, equivalent to $24 million USD. Despite the complex legal environment, Gemini, a cryptocurrency exchange co-founded by the Winklevoss twins, intends to increase its presence in India. The New York-based cryptocurrency exchange stated in a blog post on Tuesday, Sept. 26 that it […]
Anticipated Surge in India’s Crypto Sector Post-G20 Insight
A senior Finance Ministry official disclosed on Sunday that India’s stance on cryptocurrencies will be determined in the coming months, as indicated by media reports. The nation, recognized as one of the least accommodating regions for cryptocurrencies globally, is positioned to leverage the insights gained from the G20’s efforts to develop a framework for assessing […]
Reserve Bank of India: Shaping the Digital Rupee Landscape
According to sources cited by Reuters, the Reserve Bank of India (RBI) is collaborating with banks to introduce innovative features intended to promote the digital rupee. These enhancements encompass several vital developments. Firstly, they involve facilitating offline digital rupee transactions and seamlessly integrating e-rupees into India’s widely utilized Unified Payments Interface (UPI). The UPI is […]
India Confirms Crypto Regulation on G20 Agenda
The upcoming G20 summit will include a discussion on crypto regulation, according to India’s Finance Minister Nirmala Sitharaman. Crypto assets are transnational and require global regulation, she said. The event will also feature a crypto regulatory study from the Financial Stability Board and IMF. The G20 summit, which will be held on September 9-10, will […]