India’s local crypto exchanges get just 0.7% of inflows, Chainalysis reports
Chainalysis’s new regional chapters separate national crypto participation from domestic exchange business, with Brazil-based platforms receiving 12.5% of inflows.
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India’s tokenized bond pilot starts with institutions, with retail access planned next
Three institutional issuances tested atomic settlement without changing bondholder rights, while secondary trading and retail access remain for Stage II.
India moves to block 15 crypto apps, leaving users facing sudden account lockout
App and URL takedown notices raise disruption risks, but completed blocks and withdrawal limits remain unconfirmed.
Tether trades 8.5% above India’s dollar rate as policy pressure hits USDT access
The local rupee quote shows how enforcement pressure can make stablecoin liquidity more expensive before regulated rails are ready.
Landmark ruling in India treats XRP as property, not speculation
A Madras High Court judge barred WazirX from reallocating a customer’s XRP holdings and declared cryptocurrency qualifies as property under Indian law, setting a precedent that may reshape how exchanges handle user assets during insolvency proceedings across multiple jurisdictions. As The Times of India reported on Oct. 25, Justice N Anand Venkatesh ruled that
India finds $72 million in hidden crypto income as tax compliance tightens
India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied …
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