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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 -
India clinch second T20 World Cup title after 13-year wait Cricket IndiaIndia emerged victorious in a nail-biting final against South Africa, clinching their second T20 World Cup title at the Kensington Oval in Barbados on Saturday.June 30, 2024 -
India fines Binance $2.25 million for crypto anti-money laundering violations India CryptocurrenciesIndia's Financial Intelligence Unit (FIU-IND) has imposed a penalty of 188.2 million rupees ($2.25 million) on the world's largest cryptocurrency exchange, Binance, for violating the country's anti-money laundering regulations.June 22, 2024 -
$3.5 billion Indian online gaming industry pushes for GST adjustment to boost growth India PokerThe Indian online gaming industry, valued at over $3.5 billion, is urging the government to reconsider its 28% Goods and Services Tax (GST) policy on Contest Entry Amount (CEA). The Skill Online Games Institute (SOGI) contends that this high tax rate is stifling domestic companies and hindering the industry’s potential for significant growth.June 12, 2024 -
India issues warning against social media promotion of offshore betting platforms Regulation IndiaThis week the Ministry of Information and Broadcasting of India has issued an advisory to social media influencers, endorsers, and online advertisement intermediaries, urging them to refrain from promoting offshore online betting and gambling platforms.March 23, 2024 -
India: CCPA issues guidelines on banning gambling advertisements Regulation IndiaIn India the Central Consumer Protection Authority (CCPA) has recently issued a comprehensive advisory warning against the promotion of illegal activities like betting and gambling.March 10, 2024
