Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex.
India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday.
The panel also encouraged some distributed ledger projects including a government-owned cryptocurrency.
Binance has made a move into India's potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.
A new training session seeks to create "domain expertise" for cryptocurrency related crimes.