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The move may lead to a resurgence in Indian exchanges, they said, as many investors who had shifted to trading on global exchanges to save on tax are expected to return to local ones now.
Satellite-based system named Navigation with Indian Constellation can provide more accurate information with precise timings, and accurate location even in areas of weak network connectivity
Global blockchain data platform Chainanalysis said India is second largest market in terms of transaction volume, surpassing UK, Turkey and Russia
(Bloomberg) -- India clamped down on overseas crypto exchanges like Binance that it says are operating illegally there, moving to block local access to their websites. Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsL’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion FortuneChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerMaine Bars Trump From
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges -- including An Indian government agency says nine global crypto exchanges -- including Binance, Kraken, Kucoin and Mexc -- are operating "illegally" in the country.