Coinbase Launches INR Access for Crypto
Coinbase expands in India with direct INR deposits and withdrawals via IMPS, enhancing local traders’ access to global liquidity. Registered with FIU-IND for compliance. #Update #Crypto
India
Coinbase Launches Local Currency in India
@Coinbase will launch direct INR payment rails for Indian customers on June 1, 2026, allowing bank transfers without intermediaries. The exchange aims to enhance accessibility and compliance in India’s growing crypto market. #Update #Crypto $BTC $ETH
Prediction Markets Banned in India Polymarket Shuts Down
@Polymarket is inaccessible in India following a government directive targeting illegal betting platforms; @Kalshi may face similar restrictions soon. #Update #Crypto $BTC
Crypto Platforms Face New Identification Rules
India has implemented stricter identification rules for cryptocurrency platforms, mandating user selfies, geolocation data, and enhanced verification, while banning ICOs and mixers to combat financial crimes. #Update #Crypto
Coinbase Secures Minority Stake in CoinDCX
@Coinbase receives approval from India’s Competition Commission to acquire a minority stake in CoinDCX, valued at $2.45B; user registrations reopen after two years. #Update #Crypto $USDT
Digital Rupee Launches Transforming India’s Economy
India is launching the Digital Rupee, a national digital currency backed by the Reserve Bank of India, utilizing blockchain for secure transactions and aiming to modernize financial infrastructure. #Update #Crypto $INR
Blockchain Revolutionizes India with Premier Festival
India Blockchain Month (INBM) 2025 will occur in New Delhi this September, featuring eight major events and over 15 industry leaders from @Arbitrum and @AvaLabs. #Update #Crypto
Bitcoin Law Delay India Cites Risks
India delays comprehensive cryptocurrency law, citing systemic risks and concerns about legitimizing digital assets, according to a government document reviewed by Reuters. #Update #Crypto
Bybit Restores Full Access for Indian Crypto Users
Bybit reignites India’s crypto momentum, relaunching full services after regulatory approval, driving adoption and growth. Indian users regain access to its mobile app. #Update #Crypto
Bitcoin and Stablecoins Lead 2025 Crypto Adoption
India and the U.S. lead in cryptocurrency adoption per Chainalysis’ report, with $4.6 trillion inflows into Bitcoin; stablecoins like $USDT and $USDC see significant growth. #Update #Crypto $BTC
Crypto Regulation India Discussion Paper June
India plans to release a crypto regulation discussion paper in June, influenced by IMF and FSB guidelines, following global acceptance after U.S. President Trump endorsed digital currencies. #Update #Crypto (+6) ↗
Crypto Rally India Seeks Tax Reform
India’s cryptocurrency industry intensifies lobbying for tax relief amid softened government attitudes linked to Donald Trump’s potential White House return, with increased policymaker engagements. #Update #Crypto (+3) ↗
Binance India Enforces Re-Verification Mandate
@Binance enforces KYC re-verification for all Indian users to enhance security and comply with AML laws, redefining user accountability (April 18). #Update #Legal (+7) ↗
Crypto Scam: China Jails 9
China sentences nine individuals in a $6M crypto fraud targeting Indians, marking a significant crackdown on cross-border digital crime. #Breaking #Legal (+9) ↗