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Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter … Read more
It’s no news that India is a huge market for entertainment businesses, but what often doesn’t get mentioned is that its people love to see content in their own languages. According to a recent survey by non-profit Internet and Mobile Association of India, more than 870 million Indians sought out videos, music and other content … Read more
Instagram said Tuesday that the platform is introducing its teen accounts feature, which has extra protective measures for safety for users in India, one of its biggest markets with over 350 million users. The company introduced Teen Accounts last year in The U.S., U.K, Canada, and Australia. Meta migrated accounts of Instagram users who are … Read more
An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Rupak De Chowdhuri | Reuters Investors searching for “quality alpha” in Asia over the next six to nine months should look to India and Japan given the uncertainty in China, according to Lincoln Pan, partner and co-head of private equity at the Asia-focused … Read more
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of … Read more
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The … Read more
India’s Financial Intelligence Unit (FIU) has imposed a fine of INR 9 Crores, 27 lakhs (approx. $1 million) on Bybit for violating the Prevention of Money Laundering Act. The government announcement of the fine was released on 31 January 2025. However, the news reported on Bybit’s fine and compliance violations by multiple popular agencies were … Read more
The newly appointed Reserve Bank of India (RBI) governor Sanjay Malhotra leaves after addressing a press conference, in Mumbai on December 11, 2024. Indranil Mukherjee | Afp | Getty Images India’s central bank will likely cut benchmark interest rates in its policy meeting that’s underway, as easing inflation offers it room to stimulate a faltering … Read more
India started the new year by unveiling its Union Budget for 2025-26 financial year on 1 February 2025. While certain areas of the budget have excited the Indian masses, crypto industry leaders feel disappointed by the government’s decision to retain the existing taxation framework for cryptocurrencies However, there is grassroot stirring in favour of a … Read more
The region’s economic ministry said its setting up a consultation hotline and consultation services for affected firms. Read More
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4