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India
Crypto news relevant to India.
SEC Approves Revised Bitcoin ETF Framework for Retail Investors
The U.S. Securities and Exchange Commission has approved a revised framework allowing more Bitcoin ETF products aimed at retail investors. The update standardises disclosure and custody requirements across issuers, and is expected to broaden institutional…
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
Indian Exchanges Report Higher Volumes After Tax Clarity
Several Indian crypto exchanges have reported higher trading volumes following clearer guidance on virtual digital asset taxation. Platforms say improved transparency around the 30% tax and 1% TDS has helped users return to compliant domestic venues.
Phishing Campaign Targets Crypto Users Through Fake Wallet Apps
Security researchers have flagged a phishing campaign distributing fake wallet apps designed to steal recovery phrases. Researchers advise downloading wallets only from official sources.
Understanding the 1% TDS on Crypto Transactions in India
IndiCrypto explains how the 1% tax deducted at source (TDS) applies to virtual digital asset transactions in India, and how it differs from the separate 30% tax on gains.
Self-Custody Wallet Adoption Grows Among New Users
Reports indicate growing interest in self-custody wallets among newer crypto users seeking direct control of their assets, alongside education on hot vs cold storage.
WazirX Adds New INR Settlement Rails for Faster Withdrawals
Indian exchange WazirX has rolled out additional INR settlement rails aimed at speeding up user withdrawals during peak demand periods.