Crypto Exchange Platform WazirX’s NFT Marketplace & Regulatory Concerns

Posted on April 23, 2021 Authored by Ritika Acharya Introduction The Indian cyptocurrency exchange, WazirX, recently launched India’s first blockchain-based marketplace for non-fungible tokens (“NFTs”). NFTs are crypto assets that reside on the Ethereum blockchain. Each NFT is entirely unique and inimitable. One NFT cannot be replaced with another and copies of it cannot be […]

A Retrospective Analysis of India’s Proposal to Ban Trading in Cryptocurrency

Posted on January 21, 2021 Authored by Melita Tessy* Introduction To many in the Fintech sector, the 2018 circular[1] of the Reserve Bank of India (“RBI”), purportedly banning trade in virtual currencies would’ve come off as a rather unpleasant surprise. This is because, the RBI had published in 2015, the “Financial Stability Report” and the […]