India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges

Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges.

Indian Doctors Warn of Illegal Covid-19 Vaccine Sales for Bitcoin: Citizens Urged to Wait for Government Approved Vaccine

Indian doctors have warned that the sale of unauthorized Covid-19 vaccines on the black market, where vendors ask for bitcoin as payment, is illegal.

Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India

A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors.

Indian Government Deploys Blockchain and AI to Enhance Suppy Chain

The Indian government has deployed high-end technologies like blockchain and artificial intelligence (AI) in its public procurement portal (GeM) to enhance trade.

Indian Cryptocurrency Fraudster Arrested For Duping $350K From 45 Victims

By falsely promising 20%-30% monthly returns for investing in a new cryptocurrency, a 60-year-old fraudster had duped $350,000 from 45 victims.

60-Year-Old Man Cons Over 50 People with Indian Crypto Scam

Police have revealed another crypto scam in India has left more than 50 people counting losses.

Alleged 'kingpin' of a 25M rupee Indian crypto scam arrested at Delhi airport

The man is said to have convinced people to invest in a 2017 scheme promising monthly returns of over 20%. A 60 year-old man was arrested at Indira Gandhi International Airport in Delhi on Dec.

Police Arrests Another Suspect on the 100 BTC Ransom Kidnapping in India

Indian authorities have arrested another suspect in relation to the recent kidnapping of an eight-year-old son of a local crypto investor.

Indian crypto bank opens first physical location in Jaipur

The world’s first physical crypto bank has launched in India that will allow users to transact in cryptocurrency and fiat through a single account.

Indian crypto bank opens physical location, eyes 100 branches by 2022

India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding digital currencies in the country. Unicas, a joint venture between Indian online crypto banking platform Cashaa and United Multistate Credit Co-op Society has launched a physical crypto bank branch in Jaipur, India. Back in October, Multistate announced plans to offer both online and physical crypto banking services across its 34 locations in northern India. Users will be able to access both fiat and crypto-asset services at the bank.

Indian Crypto Tax, Listed VR Company Diversifies Into Bitcoin + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Tax news The Indian government could become the latest to impose a tax on crypto trading.

India Considers 18% GST on Bitcoin Transactions

The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions.

India Mulls Imposing 18% Tax on Bitcoin Transactions

The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies.

India considers proposal to tax Bitcoin transactions at 18%

The Indian Government has moved towards potentially implementing a tax of 18% on Bitcoin trading in the country. According to reports, the central government is currently weighing a proposal to imp The post India considers proposal to tax Bitcoin transactions at 18% appeared first on AMBCrypto.

Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested

Ninety-six people have reportedly been arrested in India for allegedly extorting bitcoin from foreigners.

Kidnappers Demand 100 BTC Ransom for The Son of an Indian Crypto Investor

An eight-year-old boy in India was kidnapped and the criminals now request a ransom of $2.3 million in BTC.

Indian crypto exchange CoinDCX raises $14M in its third round in 2020

Including the millions it collected in previous rounds, the company has raised approximately $19.4M. CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise. According to a Dec.

Spark (FLR) trades at US$1 a token on leading Indian crypto platform Giottus

Key highlights Giottus, an official partner of Flare Airdrop, has opened trade of Spark tokens for its users on 12th December 2020 – a global first More than 15,000 innovators have traded Sp The post Spark (FLR) trades at US$1 a token on leading Indian crypto platform Giottus appeared first on AMBCrypto.

Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers

An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams.

India’s Banks Are Once More Serving Crypto Traders and Exchanges

Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.

CryptoBiz Exchange Launches in India

Recently, cryptocurrency trading in India has spiked and grown at an unprecedented level.