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India
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
The move is seen as a step to attract attention towards how crypto can hurt or change the global economy rather than just nations and customers individually, government sources have told CoinDesk previously.
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
CoinDCX, CoinSwitch, WazirX and other Indian firms CoinDesk spoke to think they'll survive the ongoing bear market – here’s how.
WazirX's Battle With Binance Reignited After WRX Token Moved to "Innovation Zone"
They are 17 other tokens besides WRX that Binance has shifted to its innovation zone.
Indian Authorities Asked to Restore Crypto Exchanges' Access to UPI
An Indian crypto exchange and a policy firm have separately asked the government to let crypto firms access the national Unified Payments Interface (UPI) after it was ostensibly suspended in 2022.
India Stepping Up CBDC Testing, Targeting One Million Digital Rupee Users By July
India's retail central bank digital currency (CBDC-R) architects are aiming to scale the user base of the digital rupee to one million users and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. "The Hash" panel discusses the latest in India's retail and wholesale CBDC pilots.
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
State of Crypto in India
CoinDesk Regulatory Reporter Amitoj Singh weighs in on the state of crypto in India while U.S. regulators crack down on the industry.
Texas Bill Limiting Benefits for Crypto Miners Passes Committee Vote
A proposed new law that could restrict key benefits for bitcoin miners in Texas passed a state Senate committee on Tuesday and is now headed to the full chamber. CoinDesk Regulatory Reporter Amitoj Singh explains what this could mean for miners in the state. Plus, insights on the state of crypto in India amid regulatory headwinds in the U.S.
The Algorand Foundation Branches Out to India
AlgoBharat claims it will support India’s transformation from the Web2 to Web3 space.
