8 stories about India from across the crypto press, curated and summarized daily. Most recent: Oct 24, 2026.
CoinDCX denied that its active wallets were hacked after blockchain researchers flagged $16 million in outflows from addresses linked to the Indian exchange. The available report does not establish that the transfers were unauthorized, so the key distinction is between suspicious-looking wallet movements and a confirmed breach.
India's Securities and Exchange Board (SEBI) has launched a pilot program to tokenize $620 billion in corporate bonds, settling trades using the Reserve Bank of India's wholesale digital rupee. The initial phase includes $107 million in tokenized bonds, with secondary trading and retail access planned for later stages.
India's Financial Intelligence Unit (FIU) has issued non-compliance notices to 15 crypto platforms and requested the takedown of their apps and websites. This move highlights the country's strict stance on anti-money laundering (AML) regulations in the crypto sector.
The Internet Freedom Foundation argues India's order to remove Jack Dorsey's BitChat repositories from GitHub oversteps legal authority and threatens free speech. The group claims the move violates constitutional rights and sets a dangerous precedent.
India has ordered the removal of Bitchat, a bitcoin-linked messaging app, as protesters use it to communicate during internet shutdowns. The app relies on Bluetooth mesh networks to bypass traditional internet restrictions.
Tether's USDT stablecoin is trading at an 8.5% premium in India after raids on crypto payment firms in Bengaluru disrupted the pipeline that supplies USDT to Indian platforms. This is roughly double the usual gap, making USDT more expensive for Indian buyers.
Coinbase has launched direct rupee bank transfers in India, allowing users to move funds between local bank accounts and the exchange. This follows approval from the Financial Intelligence Unit (FIU).
India has forced crypto prediction market Polymarket to shut down, and regulators may target Kalshi next. This crackdown could impact global users of these platforms. Prediction markets let people bet on future events using real money, and India's actions could disrupt this growing sector.