Global #India

Coinbase is pivoting from a dedicated cryptocurrency exchange into a diversified financial powerhouse. Following its "System Update" conference, the company announced a massive expansion of its product suite alongside a strategic regulatory win in the Indian market.

A potential trade agreement between India and the United States is drawing global attention, as officials explore ways to enhance business ties and streamline international trade.

Senior officials from India and the United States have accelerated trade negotiations, generating strong optimism in Indian markets.

WazirX, a major cryptocurrency exchange in India, is set to resume operations on October 24.

Reserve Bank of India (RBI) Governor Sanjay Malhotra has clearly stated the central bank's focus is on promoting India's Central Bank Digital Currency (CBDC) over private cryptocurrencies.

Coinbase announced a fresh strategic investment in the crypto exchange CoinDCX to expand its presence across the high-growth markets of India and the Middle East.

India is set to adopt the OECD's Crypto-Asset Reporting Framework (CARF), a major step that will enable the automatic sharing of crypto transaction data with other countries.

India's top tax body, the Central Board of Direct Taxes (CBDT), is consulting with local cryptocurrency firms to address the country's current digital asset policies.

India is significantly enhancing its tax surveillance capabilities to combat evasion across the rapidly evolving digital landscape, specifically targeting digital banking, cryptocurrency, and cloud storage.

India's burgeoning crypto ecosystem has received a significant impetus with the introduction of the COINS Act (Crypto-systems Oversight, Innovation and Strategy Act), a groundbreaking model law designed by Web3 venture firm Hashed Emergent and policy group Black Dot.

As Bitcoin breaches the unprecedented $122,000 mark for the first time today, the global cryptocurrency job market is experiencing a significant boom.

Pradeep Bhandari, a senior spokesperson for India’s ruling Bharatiya Janata Party (BJP), has called for the launch of a Bitcoin reserve pilot project in India, signaling a potential step toward modernizing the country’s financial system and enhancing economic resilience.