India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
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India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on
Read moreWazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
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Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended
Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage
Read moreBinance’s return to India comes with $86M tax demand
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.
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Binance Goes Live in India: Full Access for Indian Users
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the
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