Crypto industry players see light at end of tunnel despite regulatory vacuum. Here’s why

Crypto industry players see light at end of tunnel despite regulatory vacuum. Here’s why

The Ministry of Finance recently made it clear in a written reply in the Lok Sabha that the government is not considering a law to regulate the transaction of cryptocurrencies. “Currently, there is no proposal to bring legislation for regulating the sales and purchase of virtual digital assets in the country,” Pankaj Chaudhary, Minister of … Read more

Stage set for return of Binance, Kucoin to India

Stage set for return of Binance, Kucoin to India

In December, India’s Financial Intelligence Unit (FIU) called for blocking web addresses of a number of global crypto firms which were not registered in the country, over concerns that some of them may be misused for money-laundering. On Friday, FIU said that it has lifted Kucoin’s suspension after the exchange paid a fine of around … Read more