Finance Ministry

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Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says
If traditional regulated markets cannot also offer tokenization and instantaneous settlement, investors could move to crypto, SEBI Chief Madhabi Puri Buch said.
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Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex were sent showcause notices by the Indian government.
India flag (Shutterstock)

New Delhi, India (Unsplash)
India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
New Delhi, India (Unsplash)

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

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28 Indian Crypto Service Providers Have Registered With Country’s Anti-Money Laundering Unit
In March, India's Finance Ministry mandated that crypto businesses will have to register with the Financial Intelligence Unit (FIU).
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(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India Will Decide on Its Crypto Stance in Coming Months
India's individual position on crypto has been under further scrutiny since it steered the G20 towards endorsing a global framework for crypto.
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)

Indian Finance Minister Nirmala Sitharaman (right) ahead of India’s G20 Presidency with U.S. Treasury Secretary Janet Yellen. (Indian Finance Ministry)
G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summ...
Indian Finance Minister Nirmala Sitharaman (right) ahead of India’s G20 Presidency with U.S. Treasury Secretary Janet Yellen. (Indian Finance Ministry)

Indian politicians and policy makers at a crypto event by CoinDCX and Bharat Web3
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.
Indian politicians and policy makers at a crypto event by CoinDCX and Bharat Web3

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Japan's Finance Ministry to Explore Digital Yen Feasibility: Report
Bank of Japan officials have said they don't have concrete plans to issue a digital currency.
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India's Crypto Regulation Now Has Teeth, Experts Say
Bringing crypto companies into the purview of anti-money laundering rules imposes obligations and exposes them to fines for breaches.
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