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India will reportedly introduce bill to make owning cryptocurrency illegal

The Verge

India is reportedly moving forward with a sweeping ban on cryptocurrencies. The bill is likely to pass if it’s introduced, giving India some of the world’s strictest digital currency laws. The bill is likely to pass if it’s introduced, giving India some of the world’s strictest digital currency laws.

India 139
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India alleges a16z-backed CoinSwitch violated forex laws, searches offices

TechCrunch

India’s financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday, alleging the crypto exchange startup violated forex laws, four people familiar with the matter told TechCrunch. “We receive queries from various government agencies.

India 87
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India passes telecom law paving the way for Musk’s Starlink amid privacy concerns

TechCrunch

India’s parliament has passed a telecommunications bill that replaces its century-old rules as the country, with over 1.17 billion telephone connections and 881 million internet subscribers, aims to modernize connectivity and embrace new services including satellite broadband, just months before general elections.

India 109
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Microsoft and Amazon tip India's law enforcement on tech support call center fraudsters

TechSpot

Recently, India's federal enforcement agency disclosed that they had executed several raids aimed at curbing organized cyber-enabled financial offenses. The operation, dubbed "Chakra-II," emerged from a joint crime referral supported by both Amazon and Microsoft.

India 107
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India says not to preorder Starlink until it obtains a license

The Verge

India has instructed the public not to preorder Starlink, SpaceX’s satellite-based internet service, according to a report from Reuters. DoT India (@DoT_India) November 26, 2021. DoT India (@DoT_India) November 26, 2021. Photo by Nilay Patel / The Verge.

India 116
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TikTok pulls out of Hong Kong due to new security law

The Verge

TikTok says it will stop offering its social video app in Hong Kong after the region adopted a new national security law granting expanded powers to the mainland Chinese government. “In TikTok was also banned in India last week alongside dozens of other Chinese apps amid increased tensions between the countries.

Law 115
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India has banned TikTok, WeChat, and other China-based apps

The Verge

India’s Ministry of Electronics and Information Technology has banned TikTok, WeChat, and several dozen other China-based apps it views as “engaged in activities. prejudicial to sovereignty and integrity of India,” according to a press release. India is a huge market for TikTok, which is owned by Chinese company ByteDance.

India 111