Blockchain & crypto news from India
The Orissa High Court recently declared that Cryptocurrency dealings are not illegal under the Indian law. The decision was taken by the High Court after a case accusing individuals of committing fraud by conducting a Ponzi scheme came to light. Justice Sasikanta Mishra clarified that cryptocurrency is not considered as money under the Prize Chits…
Founded in 2017, CoinSwitch was founded as a global cryptocurrency exchange aggregator. This platform allowed users to compare rates across various exchanges and facilitated seamless trading across multiple cryptocurrencies. The company was launched as CoinSwitch Kuber in 2017, to specifically cater to the Indian cryptocurrency market only. The company was founded by Ashish Singhal, Govind…
WazirX is one of the biggest crypto exchanges in India. It was founded in 2018 by Nischal Shetty, Sameer Mhatre, and Siddharth Menon. Nischal Shetty has been a prominent figure in the Indian tech scene. Before WazirX, he founded Crowdfire, a popular social media management tool. The motivation of the founders behind establishing WazirX was…
CoinDCX, a cryptocurrency exchange platform launched in 2018, has grown to be one of the biggest cryptocurrency exchanges in India. The company was founded by Sumit Gupta and Neeraj Khandelwal. The platform aims to provide a secure, user-friendly and compliant environment for people to trade digital assets. The rapidly growing demand of digital assets in…
Founded in 2014, ZebPay serves as a platform for cryptocurrency exchange, enabling users to engage in buying, selling, and trading a diverse range of digital currencies including Bitcoin, Ethereum, Ripple, Litecoin, and others. The company was founded by Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal in India. The company was initially called BuySellBitco.in. The company…
Unocoin is among the inaugural players in India’s bitcoin and crypto space. Established in July 2013, Unocoin was founded by Sathvik Vishwanath, Abhinand Kaseti, Sunny Ray and Harish BV with a mission “to bring Bitcoin to the billions”, and it does so by offering a diverse range of services which facilitates Indians to buy, sell,…
The Bharat Web3 Association (BWA) is advocating for Web3 Recognition, Ease of Doing Business, Regulatory Clarity and Skill Development for the Web3 Sector. For the people unaware, The Bharat Web3 Association brings together prominent figures within India’s Web3 sphere, with the goal of utilizing blockchain and scalable technologies to expedite growth and transformation in the…
After settling a fine of approximately $2 million, Binance, the largest cryptocurrency exchange globally, which had been prohibited from operating in India, is now prepared to make a comeback. Binance is set to be the second cryptocurrency exchange from overseas which marks a return to the country after KuCoin after India’s financial regulatory authority restricted…
As per a report from The Economic Times, Binance, a leading cryptocurrency exchange, is poised to re-enter the Indian market after a four-month hiatus. The exchange had been banned from offering its services in the country due to non-compliance with local laws. However, Binance is now set to return to India by paying a $2-million…
Small government services for citizens are slowly incorporating blockchain technologies to reduce paper work and increase efficiency. California’s Santa Cruz County has recently shared its decision to experiment with blockchain wallets to offer services such as user registrations for parking bikes and recreational vehicles, licensing of pets, and building permits given over the counter. The…