- Home
- India
India
-
India online gaming faces money laundering risks, Digital India Foundation warns India Market analysisA recent report by the Digital India Foundation (DIF) titled “Combating Money Laundering in the Online Gaming Ecosystem” has raised concerns about fraud, money laundering, and terrorism financing in India's expanding online gaming industry.October 27, 2024 -
Binance aids ED in busting major online gaming scam in India India CryptocurrenciesIndia's Enforcement Directorate (ED) has arrested four individuals linked to the Fiewin online gaming app, which defrauded users of over ₹400 crore (approximately $47.6 million).October 5, 2024 -
Indian online gaming sector sees $822 million revenue surge after GST implementation India Market analysisIndia's implementation of a 28% Goods and Services Tax (GST) on online gaming has led to a remarkable revenue increase, generating ₹6,909 crore (approximately $822 million) in just six months.September 22, 2024 -
Chainalysis reports India leads Global Crypto Adoption for second year India CryptocurrenciesChainalysis, a leading blockchain analytics firm, has released its 2024 edition of the Global Crypto Adoption Index, ranking India as the top country for cryptocurrency adoption for the second consecutive year.September 18, 2024 -
GNLU report calls for unified regulation of India’s booming online gaming industry India RegulationRecent report from the Gujarat National Law University (GNLU) underscores the urgent need for a cohesive legal framework to govern this rapidly expanding sector.September 6, 2024 -
India unveils consultation paper to regulate cryptocurrency market India CryptocurrenciesIndia is set to take significant steps towards regulating cryptocurrencies with the upcoming release of a consultation paper.August 25, 2024 -
Binance resumes operations in India after $2.25 million penalty India CryptocurrenciesBinance has officially resumed operations in India after addressing legal issues with the Financial Intelligence Unit of India (FIU-IND).August 14, 2024 -
India considers 100% FDI in online gaming to boost industry growth India RegulationThe Indian government is considering a significant policy shift that could allow 100% Foreign Direct Investment (FDI) in the online real-money gaming (RMG) sector without requiring prior official approval.August 8, 2024 -
India’s CoinDCX launches investor protection fund India CryptocurrenciesOn August 7, CoinDCX, a leading cryptocurrency exchange in India, announced the creation of the Crypto Investors Protection Fund (CIPF) on its official account on X.August 7, 2024 -
Indian crypto exchange WazirX announces recovery plan for users after $230 million hack India CryptocurrenciesWazirX, India's largest cryptocurrency exchange, has announced a plan to distribute the $230 million loss from a recent hack among its users in a fair and transparent manner.July 28, 2024
