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India’s Maharashtra state has begun preparing policies to tokenize up to 50% of selected electricity transmission assets to finance new power lines and solar energy storage facilities. Maharashtra considers tokens tied to power revenue Praveen Pardeshi, chief economic adviser to…
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India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia…
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India’s Demat 2.0 pilot has issued ₹1,025 crore in tokenized corporate bonds, using the RBI’s digital rupee for settlement.
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Arya.ag is using an Avalanche-based ledger to record grain deposits, warehouse receipts and loans across its $2 billion crop network.
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India’s Financial Intelligence Unit has issued non-compliance notices to 15 crypto service providers and ordered action to take down their apps and URLs in India for operating without meeting the country’s anti-money laundering requirements. The Financial Intelligence Unit-India said Tuesday…
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India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…
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ZachXBT may reject crypto victim requests from seven jurisdictions and restrict regional access to his planned investigation website.
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India has expanded its global tax reporting framework to include specified crypto-assets, central bank digital currencies, and digital money products under updated FATCA and Common Reporting Standard rules. The Economic Times reported that the Central Board of Direct Taxes (CBDT)…
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India’s cybercrime authority has ordered GitHub to remove three repositories linked to Jack Dorsey’s Bitchat messaging app within three hours. According to a July 23 notice shared by Dorsey on X, the Indian Cyber Crime Coordination Centre directed the Microsoft-owned…
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Maharashtra has advanced plans for a blockchain-based legal framework to tokenize immovable property, with Chief Minister Devendra Fadnavis directing officials to prepare draft legislation that could make the state the first in India to introduce such a law. According to…
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India’s central bank has renewed its recommendation for a cryptocurrency policy leaning toward prohibition, while tax authorities have warned that offshore trading continues to make crypto tax enforcement difficult. According to internal government documents reviewed by Reuters, the Reserve Bank…
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Asia’s crypto scene shifts as Dubai expands licensing, Taiwan passes rules, India presses bank limits, and Russia readies its digital ruble.
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India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. According to police in the western Indian state of Maharashtra, authorities have registered…
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RBI has reportedly renewed its call to keep banks and payment systems insulated from cryptocurrencies and privately issued stablecoins as India reviews its digital asset policy. As first reported by The Economic Times, Reserve Bank of India Deputy Governor Rohit…
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India’s USDT premium has climbed to more than 8.5%, more than twice its usual level, after enforcement action against crypto remittance firms has disrupted the domestic supply of the stablecoin. According to The Economic Times, Tether’s USDT traded at 102.88…
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India’s FIU asks three major exchanges for crypto OTC trade records above $10,000, targeting beneficial ownership from January 2026 onward.
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