India

The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
The Sandbox Wants to Make India Its Largest Market Within the Next Two Years
The Sandbox's SAND token has risen about 40% in the past month, as CoinDesk reports the metaverse platform is planning to make India its largest market within the next 2 years...
The Sandbox Wants to Make India Its Largest Market Within the Next Two Years

How Upcoming Elections Around the World Could Impact the Crypto Industry
How Upcoming Elections Around the World Could Impact the Crypto Industry
As 2023 comes to an end, CoinDesk managing editor for global policy and regulation Nikhilesh De looks ahead to the upcoming elections in the United States, European Parliament...
How Upcoming Elections Around the World Could Impact the Crypto Industry

Animation of The Sandbox and BharatBox (Courtest: BharatBox)
The Sandbox Aims to Make India Its Largest Market
The Sandbox's partnership with CoinDCX and Okto could make India its largest market.
Animation of The Sandbox and BharatBox (Courtest: BharatBox)

What India's Controversial Crypto Tax Means for Investors
What India's Controversial Crypto Tax Means for Investors
India introduced a 30% tax on crypto profits and the 1% TDS on all transactions in July, 2022, resulting in traffic taking a nosedive and many exchanges going into survival mo...
What India's Controversial Crypto Tax Means for Investors

India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Says
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Says
Jayant Sinha, one of India's senior politicians who helps oversee the financial evolution of the nation, told CoinDesk that the country is unlikely to bring a crypto or Web3-s...
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Says

Jayant Sinha, Chair of the standing committee on Finance in the Indian Parliament speaking at India Blockchain Week in Bengaluru. Dec. 7, 2023. (Allan Christian/CoinDesk)
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
"Many important countries, whether it's the US, the UK, India, are going in for elections and so, I'm not sure in 2024 the standards will develop," Sinha said.
Jayant Sinha, Chair of the standing committee on Finance in the Indian Parliament speaking at India Blockchain Week in Bengaluru. Dec. 7, 2023. (Allan Christian/CoinDesk)

(Shutterstock)
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).
(Shutterstock)

Staci Warden, Algorand Foundation CEO (CoinDesk TV)
The Algorand Foundation Expands Its Footprint in India
The foundation's AlgoBharat initiative has secured new partnerships in India with NASSCOM, TiE Bangalore and the Mann Deshi Foundation.
Staci Warden, Algorand Foundation CEO (CoinDesk TV)

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)
India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines
"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the...
The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

New Delhi, India (Unsplash)
India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
The government lost $420 million in potential revenue and failed to improve transparency because the tax regime prompted as many as 5 million crypto users to shift transaction...
New Delhi, India (Unsplash)