Market Release

Thane Municipal Corporation (TMC) to Leverage blockchain Technology for Tax Property Assessment
India’s first blockchain-based project in Property Tax assessment has been implemented in Thane Maharashtra under the Ministry of Housing and Urban Affairs (MoHUA) flagship program of the government..
Jan 22, 2020


Growing signs of India’s relationship with cryptocurrencies
The Securities and Exchange Board of India (SEBI), India's securities regulator, has approved the first ETF, that invests in cryptocurrency companies like Coinbase, Bitfarms, and MicroStrategy...
Nov 16, 2021


RBI warns against 'dollarization' of the economy caused by cryptocurrencies
Reserve Bank of India (RBI) officials have warned that the majority of cryptocurrencies are denominated in dollars, which could lead to the dollarization of the Indian economy...
May 24, 2022


RBI Launches Digital Rupee Pilot Across 13 Cities
RBI, India's central bank, has announced the launch of the first digital rupee retail pilot, which will start in four Indian cities and expand to nine more...
Dec 04, 2022


Indian Government Generates Rs. 157.9 Crore from Direct Tax on Crypto Transactions
Indian government's decision to tax crypto transactions generates Rs. 157.9 crore from direct tax deducted at source for FY 2022-23, proving the potential of crypto as a legitimate asset class
Mar 30, 2023


India and Russia consider integrating payment systems to evade US sanctions
In order to counter the possible effect of US sanctions on Indian and Russian capital flows in the future, the governments of each country are considering integrating parts of their payment..
May 03, 2023
