RBI, payment industry meet discusses contours of new draft PA guidelinesThe digital payments industry representatives met with senior officials of the Reserve Bank of India to share their feedback on the recentl...
04 Jun, 2024, 06.00 AM IST
Why Sebi’s regulatory ambit could boost India's crypto industryBringing cryptocurrency under SEBI's regulation could revolutionize India's crypto market. Leveraging SEBI's proven track record in market ...
01 Jun, 2024, 12.06 PM IST
Binance’s India comeback; D2C brands spend big for q-commerce presenceDirect-to-consumer (D2C) brands are shelling out high commissions on sales for space on coveted quick-commerce platforms. This and more in ...
18 Apr, 2024, 07.37 AM IST
CoinSwitch becomes first crypto platform in India to reach 2 crore usersEstablished in 2017, CoinSwitch operates as a reporting entity under the purview of the Financial Intelligence Unit-India, implementing str...
06 Mar, 2024, 01.18 PM IST
28 virtual digital assets platforms register with FIU-India to comply with PMLA normsAs many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX and Coinswitch, have registered themselves with th...
04 Dec, 2023, 04.19 PM IST
How to be compliant & protect your crypto business from fraudIn today's world, our identity is not limited to our physical presence but extends to our digital footprint. Our digital identity represent...
24 Mar, 2023, 04.00 PM IST
ED probes P2P deals, liquidity at WazirXInvestigators suspect there was no mechanism or procedure to ensure only Indians traded crypto assets. That increased counter-party risk an...
14 Aug, 2022, 06.00 AM IST
WazirX says it is compliant with KYC lawWarns users who are withdrawing funds to international exchanges of compliance issues.
10 Aug, 2022, 10.36 PM IST
ED freezes bank accounts of WazirX worth Rs 64.67 croreThe agency’s statement comes days after the minister for state (Finance) Pankaj Chaudhary told the Parliament that WazirX was being probed ...
05 Aug, 2022, 10.05 PM IST
CoinSwitch announces zero-fee Bitcoin trading for limited periodBitcoin is the largest crypto by market capitalization and weighs over 35 per cent on CRE8, the real-time Indian crypto market index offere...
22 Jul, 2022, 04.06 PM IST
Willing to accept stricter regulations; ambiguity impacting growth: Crypto exchangesIn most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulating the crypto asset per se, said ...
08 Jan, 2022, 10.10 AM IST
Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchangesGovernment could also put in place a uniform KYC process for exchanges
07 Dec, 2021, 06.00 AM IST
Crypto body IndiaTech recommends data sharing among exchanges, tighter KYC normsIndiaTech has recommended an evolved approach to Know Your Customer (KYC) guidelines and for cryptocurrency exchanges to share customer det...
25 Nov, 2021, 02.56 PM IST
Top banks still averse to letting in crypto tradeLeading institutions such as SBI, HDFC Bank, Axis Bank and ICICI Bank have told various crypto exchanges that services related to crypto tr...
02 Jun, 2021, 07.01 AM IST
WazirX's Nischal Shetty on what RBI clarification means for crypto industry“Until now, quite a few banks were not clear about RBI’s stand on the old circular of 2018. Now that the RBI has made it clear that since i...
01 Jun, 2021, 10.08 AM IST
To win trust, crypto bourses sign new codeAmid rise in prices and trading volumes, many cryptocurrency platforms believe a uniform set of rules will help
11 Jan, 2021, 07.13 AM IST
Regulatory sandbox and fintech innovationThese sandboxes may help usher in improvements in financial inclusion through innovations.
30 Apr, 2019, 09.08 AM IST