EY Global Innovation Leader in Blockchain Thinks Bitcoin is of No Real Use to India

News	2019-3-12 19:49

EY is one of the global leaders in the auditing sector and have invested heavily in the blockchain space. Recently, one of the executives of the firm was on a visit to India, the country which is on the verge of regulating cryptocurrency use.

During his visit to the country, the EY executive Paul R. […].

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Cryptocurrency Investors in India Are Fighting Back in the Name of Having Their Bank Accounts Closed

India, the land of one of the oldest civilizations, has existed for thousands of years. To survive for so long, one needs great tenacity and a certain acceptance of fate. There is also an ability that is colloquially known as ‘jugaad,' the closest English equivalent is a hack. So when Banks in India started to […]

2019-1-17 20:01	News
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Leading Indian Bank Threatens Users Who Use Cryptocurrency

One of India’s largest private sector bank has allegedly asked all account holders to suspend cryptocurrency activity using their accounts. In a series of warning on ATM machines and decrees, the bank has allegedly asked all bank customers to stop buying, selling and using cryptocurrencies.

2019-1-12 14:24
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Reserve Bank of India (RBI) Fights Against Crypto, Forces Customers to Reject Digital Assets

The Reserve Bank of India, one of the biggest in India according to report, is forcing customers to reject accepting cryptocurrency or doing any crypto related transactions. New customers are instructed during account opening to sign documents which state they would not deal with any crypto related transactions.

2019-1-11 14:28	RBI
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New Accenture Report “Fueling India’s Skill Revolution” Touches On Blockchain Talent Growth

India Needs New Skills For Digital Revolution India is ripe for digital revolution. However, for this dream to become a reality, there need to be several structural changes in the economy of the nation.

2019-1-10 21:40	News
revolution india digital need new nation skills

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Bitcoin Worth $1.8 Million Confiscated From Suspected Fraudster

The local authorities in Pune, India, recently confiscated 452 Bitcoins worth $1. 8 million from suspect involved in notorious cryptocurrency Ponzi scheme. India’s Biggest Bitcoin Ponzi Scheme According to The Times of India, authorities of the cybercrime department in the city of Pune, India, recently recovered 452 Bitcoins (BTC) worth $1.

2018-12-22 11:14
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India: Police Seize 452 Bitcoins Worth $1.8 Million from Crypto Ponzi Scheme

The Times of India reported on December 20, 2018, that the cyber crime branch of Pune police had seized 452 bitcoins worth $1. 8 million from one of the ten suspects involved in a cryptocurrency related Ponzi scheme case.

2018-12-21 01:00	Technology
scheme police had reported cryptocurrency bitcoin btcmanager

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Zebpay Exchange Now Live in 21 European Countries

Zebpay, formerly one of India’s largest cryptocurrency exchanges, has launched in Europe. Euro deposits, withdrawals, and trading are now live in 21 countries. While the exchange is not accepting new registrations from India, existing users can continue to use its wallet app.

2018-12-13 08:48	Zebpay
zebpay countries live exchange european india indian

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Koinex Wants to Venture into Blockchain, Opens Development Center

Koinex, one of the leading cryptocurrency exchanges in India, could be venturing into the blockchain scene as soon as 2019, and is in the process of opening a new development center in Bengaluru, the company announced in a press release on December 4, 2018.

2018-12-5 10:00	trading
blockchain cryptocurrency koinex center india development plagued

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India’s SP Jain School of Global Management Issues Blockchain Certificates to Over 1,000 New Graduates

One of India’s leading business schools just awarded its batch of fresh grandaunts with blockchain based certificates. These graduates numbering 1,189 got their certificates awarded by the SP Jain School of Global Management.

2018-12-5 04:42	News
certificates blockchain these graduates india awarded jain

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EY to Hire 2,000 People Across Blockchain, AI in India in the Next Three Years

Ernst Young, one of the largest professional services firms in the world, will be hiring 2,000 employees in India in the next three years as part of its plan to build up its digital solution services in a number of domains including blockchain technology.

2018-11-24 02:00
blockchain three years india next hire across

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India: Police File Chargesheet in $1.4 Million Bitcoin Scam

A businessman from Chandigarh, India, has lost approximately $1. 4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three his accomplices.

2018-11-24 20:00	Scam
bitcoin india fraud potentially police million advantage

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India’s plans to censor streaming services like Netflix are a mess

While India is home to the world’s largest film industry and one of the planet’s largest audiences for cinema, it’s also constantly struggling with the challenge of censoring movies. Things have gotten more complicated in the past few years with the rise of international streaming video platforms like Netflix and Amazon Prime Video.

2018-11-16 15:19	India
india netflix streaming movies video largest like

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Audible finally brings reasonably priced audiobooks to India

At long last, Amazon launched its Audible store for audiobooks in India last week, making its library of more than 2,00,000 spoken word titles available across the country at reasonable prices.

2018-11-14 08:35	India
month audible per india audiobooks amazon each

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Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.

2018-11-1 22:37	Regulation
indian cryptocurrency ban cryptocurrencies private council crypto

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Cryptocurrency Faces Blanket Ban in India

India appears set to completely ban cryptocurrency operations within its borders, judging from the latest reports issued by government officials. Cryptocurrency Ban is Imminent On Tuesday (October 30), during a meeting of the Financial Stability and Development Council (FSDC), one of the agendas included digital currency.

2018-11-1 22:05
india cryptocurrency ban faces blanket digital included

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Unocoin Bitcoin ATM Founder Shares Details of Arrest After Police Seized the Company’s Assets

Last week police of Indian city of Bangalore arrested the co-founders of Unocoin for illegally operating a Bitcoin ATM kiosk. One of their co-founders, Sathvik Vishwanath gave a recount of his experience to Quartz India.

2018-10-31 19:51	News
unocoin arrest indian bitcoin atm co-founders police

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Pornhub dodges India’s porn site ban with new domain name

Last week, the Indian government directed telcos to block 827 porn sites, including Pornhub – one of the biggest adult content sites. In response, Pornhub has launched a new website specifically for its Indian users, pornhub.

2018-10-29 14:55	India
government indian content india porn adult privately

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One-Week-Old Bitcoin ATM Seized In India, Owner Arrested

Barely a week after installation, India’s first Bitcoin ATM has been seized by the police. The ATM was installed in one of the country’s most popular malls and facilitated the withdrawal and deposit of Bitcoins.

2018-10-24 19:51	Zebpay
atm seized bitcoin arrested india police installed

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Zebpay Moves to Malta

Another cryptocurrency exchange has shifted its operations overseas to the island nation of Malta. This time, the exchange is of Indian origin and was celebrated as one of the biggest exchanges in the country; Zebpay.

2018-10-19 11:11
exchange zebpay malta moves shop india shutting

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Leading Indian Crypto Exchange Zebpay Sets off for Malta

Perhaps the most stagnant of all global cryptocurrencies markets, the Indian crypto market’s future depends a great deal on the long-awaited decision by the Supreme Court of India, which has already been adjourned multiple times.

2018-10-19 11:00	Zebpay
indian india zebpay crypto operations ramp down

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Zebpay Leaves India for Malta Due to Constricting Regulation

One of India’s largest cryptocurrency exchanges, Zebpay, is moving its operations to the Mediterranean island nation of Malta in an effort to maintain its operations after shutting shop last month.

2018-10-18 22:00	Zebpay
zebpay malta india operations cryptocurrency constricting leaves

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ZebPay Leaves India for Malta After Regulations Crippled Its Business

Zebpay, once India’s biggest Bitcoin payment processor, has announced its move to Malta after its business was ‘crippled’ due to unfavorable laws and regulations. Lack of Banking Support ‘Crippled’ Our Business According to Quartz India, the Singapore-based Zebpay has set up operations in Malta.

2018-10-18 22:00	Zebpay
india business zebpay crippled malta regulations exchange

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Indian Cryptonians Up in Arms as Media Speculates Crypto Holding Could be Banned

“One of the most trusted sites in the world of Indian finance,” is speculating the Indian government might declare cryptos illegal. They say in news reporting: “India may look at.

2018-10-18 15:12	Politics
indian banned holding could crypto cryptonians arms

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$11M Indian cryptocurrency scam investigation stalls as victims avoid testifying

It seems there’s news of a new cryptocurrency scam every week. Usually, as victims come forward the scam is revealed and the perpetrators get caught. However, one scam investigation in India has hit a dead end.

2018-10-16 15:47	hard fork
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Cryptocurrency Exchange Unocoin to Launch India’s First Cryptocurrency ATM

The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges.

2018-10-14 23:39	Cryptocurrency
cryptocurrency india exchanges exchange unocoin atm launch

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Major Indian Exchange Unocoin Launching Crypto ATMs

A major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies.

2018-10-11 01:20	Zebpay
crypto atms unocoin exchange launching major indian

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India Making Plans to Launch Its Own Government Backed Cryptocurrency

Despite its best efforts to keep crypto out of India, it appears that the Indian government is still not willing to completely exclude cryptocurrencies. According to the new announcement, India is making plans to launch its own digital currency.

2018-10-10 18:00	Venezuela
india launch government plans cryptocurrency own making

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Unlocking the Full Potential of IoT Farming - [BTC Media Sponsor]

You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).

2018-10-9 20:10	Bitcoin
farmers data flux solutions farming iot these

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Indian Bitbns Exchange Accused of Faking XRP and BTC Trading Volume

There have always been serious concerns as to whether or not cryptocurrency exchanges fake their volume. New research alleges BitBNS – a trading platform in India – has faked a fair amount of volume, and continues to do so on a regular basis.

2018-10-6 17:00	XRP
volume bitbns trading always serious cryptocurrency faking

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Snapchat turns its attention to India as it battles Instagram to win users

In a bid to continue growing its audience against the odds, Snap is looking beyond the west to India, one of the largest markets for online services right now. To that end, it’s hired its first executive to head up operations in the country.

2018-10-5 10:02	Insider
india snapchat audience head percent instagram users

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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation

Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.

2018-10-4 20:51	Regulation
data eich gdpr gdpr-like privacy states united

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Bitbns Cryptocurrency Exchange Asks Zebpay Users to Join Their Trading Platform

Zebpay, one of the most known and important exchange platforms in India, announced that they are shutting down their exchange platform. This created a complicated situation in the Indian crypto market and the community.

2018-10-1 02:43	News
exchange platform users zebpay according had stop

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Indian Crypto Exchange Zebpay Ceases All Trading Amid Regulatory Pressure

One of India’s largest digital asset exchange platforms has announced today that it will cease offering crypto buying and selling services. Zebpay Calls it a Day Due to Regulatory Pressures Zebpay stated that the Reserve Bank of India’s (RBI) clampdown on digital currencies had severely impacted its ability to do business.

2018-9-29 00:00	Zebpay
exchange zebpay crypto regulatory announced indian digital

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India’s Zebpay Shuts Down Exchange Activities

One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote.

2018-9-28 14:28	Zebpay
exchange zebpay india activities down exchanges crypto

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Zebpay Locks Down Exchange Services, Is This A Sign Of Things To Come In India

One of the largest cryptocurrency exchanges in India, Zebpay have announced that they have locked down all of their exchange services as a result of a banking freeze established by India’s central bank, the Reserve Bank of India (RBI).

2018-9-28 13:00	Zebpay
india cryptocurrency crypto exchange rbi zebpay down

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RBI Ban Causes India’s ZebPay to Halt Exchange Services

Zebpay is one of India’s top cryptocurrency exchanges and many had expected it to weather the storm that is the currently standing RBI Ban. This ban prevents banks from offering services to any of its customers engaged in crypto trading activities.

2018-9-28 11:33	Zebpay
zebpay ban services rbi halt india trading

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$300M Bitcoin Ponzi Scheme: Indian Scammers Face Justice

Money attracts thieves and masterminds of what could be the largest Bitcoin Ponzi scheme in history are facing justice. Vivek Bhardwaj, a software developer and brother of Gain Bitcoin founder and CEO Amit Bhardwaj, was brought to Delhi, India on Sept.

2018-9-24 21:30	Ponzi scheme
bitcoin face justice ponzi scheme indian bhardwaj

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RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene.

2018-9-24 02:25	Virtual Currency
court supreme crypto argues rbi interfere bank

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Bitbns Cryptocurrency Exchange in India Lists DASH Cryptocurrency Coin

Bitbns, One of India’s Largest Cryptocurrency Exchanges Lists Dash (DASH) Cryptocurrency. The announcement made by Dash cryptocurrency and the Bitbns cryptocurrency exchange on their social pages indicated the addition of the DASH/INR pair for trading.

2018-9-23 01:27	News
cryptocurrency dash bitbns exchange india lists companies

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Hackers Have Been Secretly Using Indian Government Sites to Mine Cryptos

India is one of those few countries where the status of cryptocurrencies remains uncertain. Reserve Bank of India, the country’s central bank, has been adamant in its stance and does not want financial institutions to extend services in the crypto sector.

2018-9-21 17:49	security
hackers indian government bank cryptos using secretly

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US Authorities Ask India to Seize Property of Bitconnect Promoters

The authorities of two U. S. states have reportedly asked Indian officials to seize the property of the promoters of Bitconnect. One promoter has already been arrested and the investigators are tracking down another who supposedly handled the worldwide operations of the company and may have a large amount of BTC belonging to investors.

2018-9-12 00:35	Virtual Currency
authorities promoters property bitconnect seize ask india

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BitConnect Scam: India’s Authorities Arrest Former Politician over Alleged Bitcoin Theft

Nalin Kotadiya, ex-MP from India’s ruling party, is accused of orchestrating the kidnapping of one of BitConnect’s victims.

2018-9-10 17:03	News
india bitconnect rsquo party ruling accused orchestrating

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India Law Enforcement to File Charges Monday in $2.7M Coinsecure Wallet Hack

Law enforcement authorities in New Delhi will file charges on Monday in the Coinsecure hack case. Coinsecure was a large cryptocurrency exchange allegedly wallet-hacked back in April of this year.

2018-9-10 01:55	USD
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India Crypto Exchanges: Supreme Court Hearing to be Inconsequential

While expectations and fears are mounting on an imminent Supreme Court decision about the regulator’s ban concerning cryptocurrency trade in India, the big day may not exactly be a defining one for the future of bitcoin in the country.

2018-9-8 04:10
india court crypto supreme bitcoin hearing inconsequential

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India Done it! Zebpay Cancels All Indian Rupee Crypto Pairs

One of India’s biggest crypto exchange with millions of crypto traders announced this Tuesday they were to close all Indian Rupee (INR) crypto trading pairs. The exchange said: “We will.

2018-9-6 17:34	News
crypto pairs all india rupee indian exchange

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The Daily: India to Become Blockchain Leader, Coinfloor Granted Gibraltar License

A recent study indicates that the blockchain craze isn’t dying out yet. Buoyed by its findings, media and experts in India have commented that the country can become one of the leaders in the field.

2018-8-29 14:55	Smart Contracts
blockchain daily india license coinfloor gibraltar granted

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Indian crypto exchange Alluma adds TrueUSD and releases Android app

Alluma, a newly launched cryptocurrency exchange out of India and focusing on emerging markets in Asia has announced the addition of the TrueUSD (TUSD) stable coin. The company says it was one of the.

2018-8-27 19:13
trueusd alluma exchange app android releases indian

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BitConnect's Alleged Ringleader Arrested in India: Local Reports

Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID).

2018-8-20 19:54	#scams
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Bitconnect Head Divyesh Darji Arrested in India

One of the leaders of BitConnect, the most notorious crypto scam, was arrested on arrival in Delhi airport as talks emerged about a possible revival of the project with a new referral scheme.

2018-8-20 14:28	News
bitconnect arrested emerged talks airport possible scheme

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2019-3-12 19:49

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