India

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RBI Says Banks Can't Quote 2018 Circular to Restrict Crypto Transactions
RBI's circular comes as Indian banks warn customers against using their services for crypto trading.
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Indian rupees
India's HDFC Bank Calls Bitcoin a Fad as Exchanges Mull Legal Fight Over Restrictions
HDFC noted a link between bitcoin prices and searches on Google.
Indian rupees

Sandeep Nailwal: India Crypto Covid Relief Fund 'Kind of Exploded' After Buterin's Donation
Sandeep Nailwal: India Crypto Covid Relief Fund ‘Kind of Exploded’ After Buterin’s Donation
Sandeep Nailwal, a co-founder of Polygon, started a crypto relief fund for India as it battles a deadly second wave of COVID-19. The fund attracted several big names in crypto...
Sandeep Nailwal: India Crypto Covid Relief Fund 'Kind of Exploded' After Buterin's Donation

Omani Riyals
Ripple to Deliver First Real-Time Payments From Oman to India Using Blockchain
Customers of BankDhofar will be able to use its mobile app to send real-time payments to IndusInd accounts.
Omani Riyals

RBI entrance in New Delhi, India
India’s Government May Form Panel to Study Regulating Crypto: Report
The news comes amid the view that proposals for a blanket ban are outdated.
RBI entrance in New Delhi, India

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India's Developers Are Web 3's Sleeping Giant
Regulatory uncertainty has held back India's 4.2 million-strong developer base from embracing blockchain tech, says our columnist.
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Indian rupees
Banks Are Already Cracking Down on Crypto, Indian Traders Say
Indian crypto traders are receiving account closure notes from banks, and exchanges see issues with bank transfers
Indian rupees

The Gateway of India in Mumbai.
Binance's Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press
The new listing comes a day after Ethereum's founder donated $1 billion in SHIB to India Covid Relief Fund.
The Gateway of India in Mumbai.

Reserve Bank of India
Reserve Bank of India Discourages Lenders From Dealing With Crypto Exchanges: Report
India’s central bank has been unofficially asking banks why they are dealing with crypto businesses.
Reserve Bank of India

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India's Central-Bank Owned Retail Payments Platform Refuses to Ban Crypto Transactions
The agency told banks they should consult their legal and compliance departments on whether they should block transactions on their own systems.
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