India’s Web3 Alliance Bolsters Cybersecurity in Wake of WazirX Hack

The Indian BWA is concentrating more on enhancing cybersecurity and enhancing consumer safety in the crypto sector in the wake of the $230 million attack on WazirX.




The Indian BWA is concentrating more on enhancing cybersecurity and enhancing consumer safety in the crypto sector in the wake of the $230 million attack on WazirX.

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The NCB of India is keeping a close eye on crypto transactions made on the darknet as part of its continuous efforts to stop drug trafficking in the nation.

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Key Takeaways India-based crypto exchange, CoinDCX, has acquired Dubai-based digital asset platform BitOasis, which mainly operates in the Middle East and North Africa (MENA) region. โCombined with the companyโs newly acquired licence in the Kingdom of Bahrain and the recentโฆ

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India's FIU fined crypto exchange Binance $2.25 million for serving Indian customers without abiding by the country's anti-money laundering regulations.

The SEBI of India has recommended that multiple regulators oversee crypto trading in the nation, according to documents obtained by Reuters.

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Binance will be allowed to re-enter India following a four-month ban, provided it pays a $2 million fine for non-compliance.