Global #India

The Indian cryptocurrency market is set for a significant shift with the recent strategic partnership between XDC Network (XDC) and Giottus Crypto Platform.

Binance, one of the world’s largest cryptocurrency exchanges, has resumed full operations in India following a substantial fine and successful registration with the Financial Intelligence Unit (FIU).

In a groundbreaking move that underscores the shifting tides of global finance, India and the United Arab Emirates (UAE) have completed a crude oil transaction that bypassed the US dollar entirely, opting instead to utilize XRP, a leading digital asset.

The cryptocurrency industry across Asia is undergoing significant transformations as governments in the region introduce stricter regulations while simultaneously encouraging innovation.

In a significant move to bolster user security in the Indian cryptocurrency market, CoinDCX has announced the launch of its Crypto Investors Protection Fund. This new initiative aims to enhance protection for users by allocating a portion of the company’s annual brokerage income to safeguard assets against potential losses.

Indian law enforcement agencies have demanded $86 million (722 crore Indian rupees) from Binance in unpaid taxes, as part of an investigation into the crypto exchange’s operations in the country.