CoinDCX plans to go ahead with IPO as soon as India rules come into force

According to its co-founder Neeraj Khandelwal, India‚Äôs first cryptocurrency unicorn, CoinDCX, is planning to go ahead with an initial public offering as soon as government regulations allow it. The share sale, similar to Coinbase Global Inc’s US listing earlier this year, will be a significant vote of confidence for India’s digital asset industry, Khandelwal said … Read more

RBI-backed CBDC likely to be included in crypto bill: Officials

New Delhi: A top government official told ET that the proposal for a Central Bank Digital Currency (CBDC) backed by the country’s banking regulator may be included in the upcoming bill. Describing the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, an official familiar with discussions on the upcoming legislation … Read more

Crypto-focused funds switch strategy amid talk of trading ban

Mumbai: Some blockchain and crypto-focused funds are rethinking their investment strategy amid speculation that trading in virtual currencies will be banned. They are planning contingencies to ensure that they do not face a situation like 2018 when the Reserve Bank of India cut banking access to the crypto and blockchain community. Although the broader crypto … Read more