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In a notable shift within its financial regulatory framework, India has reopened its doors to offshore cryptocurrency exchanges, with Binance … Continue reading
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KuCoin has paid a fine of $41,000 and Binance’s financial penalty is still to be determined after a hearing with India’s FIU.
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
The Indian Rupee (INR) closed Friday, March 22, at an all-time low against the U.S. Dollar (USD). Investors and forex … Continue reading
The post What’s going on with the Indian Rupee vs. Dollar (USD/INR)? appeared first on Finbold.
Indian customers will have to withdraw their funds by April 30.
Indian cryptocurrency investment platform Mudrex will offer U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors, both institutions and retailers, CEO and co-founder Edul Patel said.
As China’s stock market falters, India seizes the opportunity as investors choose to allocate their resources to the world’s biggest … Continue reading
The post Indian stock market surges as Chinese stocks plummet appeared first on Finbold.
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it’s making some progress.