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India retraces steps on the crypto ban – considers regulation
India’s stance on cryptocurrencies has been a serious concern for crypto enthusiasts in the country. The government was initially planning to Bitcoin (BTC/USD) and cryptocurrencies, but it seems the officials are stepping back on their resolve. дальше »
2021-6-10 16:29 | |
Bithumb Global Plans to Lobby Indian Government for a Regulated Cryptocurrency Exchange
India is the first country to propose going as far as passing legislation to ban the use and custody of cryptocurrencies. In an attempt to open the Indian government’s eyes to the potential of public ledger cryptocurrencies, Bithumb has set out to launch a regulated exchange in India, as per the Economic Times, October 3, 2019. дальше »
2019-10-4 09:00 | |
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8. дальше »
2019-10-4 06:10 | |
India’s Tata Motors joins the blockchain bandwagon; launches TACNet 2.0
Asia is emerging as hub for blockchain development. Along these lines, the news of Indian car manufacturer, Tata Motors, launching blockchain-based solutions for automotive and parking marketplace has steered the attention of the blockchain community. дальше »
2019-9-19 22:30 | |
India’s Proposed Blanket Bitcoin Ban Will Set The Economy Back As Blockchain Devs And Traders Leave
Being too tough on innovation can be a cause for brain drain. At least that is what some crypto specialists in India believe right now. As the government continues its plans to ban cryptocurrencies locally, India is starting to see its first big signs of brain drain happening in the country. A complete blanket ban […] дальше »
2019-9-17 23:11 | |
Indian Lawmaker Raises Hope of Positive Crypto Regulation
A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. дальше »
2019-9-12 10:05 | |
India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost
One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost. A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh Bachchan, proceeded to explain what cryptocurrencies are […] The post India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost appeared first on Bitcoin News. дальше »
2019-9-10 13:05 | |
Cryptocurrencies get their first television moment on India’s version of ‘Who Wants to Be A Millionare’
As Indian regulatory bodies continued to tussle with the country’s nascent cryptocurrency industry, Indian crypto-enthusiasts were overjoyed after the latest episode of “Kaun Banega Crorepati,” the country’s version of “Who wants to be a millionaire. дальше »
2019-9-10 10:16 | |
Faith in Fiat Falters, As Bitcoin Gains Believers
As quantitative easing dampens faith in fiat, cryptocurrencies will only become more attractive. That’s one of the most startling assertions from Mark Mobius, founding partner of Mobius Capital Partners, who is in India this week to promote his new book, “Invest for Good. дальше »
2019-9-3 00:04 | |
India’s Special Investigation Team cautions government of growing use of crypto in money laundering, drug smuggling
India’s Special Investigation Team [SIT] has observed a growing network of criminal gangs using cryptocurrencies for illicit activities like laundering money and smuggling drugs, reported Firstpost. дальше »
2019-8-31 19:30 | |
India’s Colodax becomes latest exchange to list XRP; brushes off concerns over RBI restrictions
Recently, Ripple’s token XRP got listed on Colodax, the Indian crypto-exchange. Despite no real changes in its own price, the development shed light on the Indian cryptocurrency market, a country where just yesterday, the Reserve Bank of India’s jurisdiction on cryptocurrencies was questioned by the Indian Supreme Court. дальше »
2019-8-22 09:10 | |
India: RBI’s counsel argues before the Supreme Court over the use of crypto for illicit activities
The Supreme Court of India was presented with arguments that questioned Reserve Bank of India’s [RBI] jurisdiction over contemplating a ban on crypto-activity on the basis of vagueness on August 20. дальше »
2019-8-21 11:33 | |
India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC
The Supreme Court of India today resumed the ‘Internet and Mobile Association of India vs RBI’ case hearing. Continuing from its last hearing on the 14th of August, IAMAI Counsel, Ashim Sood, today argued that the action of the Reserve Bank of India was against the “doctrine of proportionality,” besides being based on no study […] The post India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC appeared first on AMBCrypto. дальше »
2019-8-20 10:44 | |
India’s SC talks DLT, crypto while counsel addresses RBI’s lack of jurisdiction in banning cryptocurrencies
The ‘Internet and Mobile Association of India vs RBI’ case hearing resumed on August 14 where the Supreme Court faced some strong arguments from the IAMAI counsel, Ashim Sood over Reserve Bank of India [RBI] overstepping its jurisdiction, as reported by Crypto Kanoon. дальше »
2019-8-14 10:42 | |
Indian Government Confirms Intentions to Prohibit Cryptocurrencies
In a recent court hearing that was set for August 8, 2019, the government of India asked the Supreme Court to postpone the hearing against the cryptocurrency ban to January 2020 as they wish to open the blanket ban bill for discussion in the Winter session of Parliament. дальше »
2019-8-9 15:00 | |
India set to lose $12.9 billion worth of market if they proceed to ban crypto
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »
2019-8-8 20:00 | |
India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies
The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019. дальше »
2019-7-31 11:00 | |
Indian Finance Minister Addresses Crypto Proposal – Industry Responds
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete. дальше »
2019-7-31 10:15 | |
India set to ban cryptocurrency and launch the digital rupee
India is moving closer to a ban on Bitcoin and other cryptocurrencies that would criminalize users. The Indian government remains open to distributed ledger technology, however, and a new report recommends the launch of the digital rupee. дальше »
2019-7-30 22:00 | |
Powerful Indian Tech Lobby Blasts Government’s Proposed Cryptocurrency Ban
India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban. дальше »
2019-7-30 16:07 | |
The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly
For better or worse, bitcoin is now on the global political stage. It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. дальше »
2019-7-27 15:55 | |
Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India
Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. дальше »
2019-7-27 11:00 | |
Special Committee Calls For Complete Crypto Ban In India As Supreme Court Continues To Delay Crypto Hearing
The tussle between the Indian crypto community and the government is still ongoing as the government aims to completely ban cryptocurrencies from the country. The government also seeks to establish its own cryptocurrency. дальше »
2019-7-25 20:39 | |
Bitcoin Sadist Roubini Cheers India’s Planned Cryptocurrency Ban
Economist and Bitcoin critic Nouriel ‘Dr. Doom’ Roubini has hailed a proposed ban on cryptocurrencies in India calling it ‘good news’. According to the New York University economics professor, an actual ban on crypto in the world’s second-most populous nation will save ‘retail suckers’ in the country from investing in ‘shitcoins’. дальше »
2019-7-24 14:59 | |
India: IMC’s recommendation to ban private cryptos does injustice to the country’s unbanked, crypto-community
While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies. дальше »
2019-7-23 17:30 | |
Bitcoin is Dying in This G20 Giant Because of its Suffocating Government
It is quite evident by now that the government of India doesn’t like bitcoin in particular and cryptocurrencies in general. Regulators in the country have officially clamped down on bitcoin and other cryptocurrencies, with a draft legislation making it clear that holding, buying or selling cryptocurrencies in the country is a crime. дальше »
2019-7-23 16:39 | |
RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
India: Government Committee Recommends Cryptocurrency Ban
Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »
2019-7-23 20:33 | |
Around The Block With Jeff And David – July 22, 2019
In this show, we discuss: Bitcoin breaking 10500 (again). Treasury Secretary Mnuchin dismissing bitcoin, and saying that it is only used by illicit users. Binance is rewarding XLM Hodlers – how can you get yours? India unbans cryptocurrencies, what does this mean for the price? China says Bitcoin is a virtual property and more! JoinRead MoreRead More. дальше »
2019-7-23 19:52 | |
India: Gov’t Committee Recommends Blanket Cryptocurrency Ban
The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize Total Bitcoin Ban In a report submitted on Monday (July 22, 2019) the IMC recommended that the government institutes a total bitcoin ban. дальше »
2019-7-23 17:09 | |
India’s Inter-Ministerial Committee recommends ban on private cryptocurrencies
While most countries have remained uncertain about cryptocurrencies and crypto-adoption, India perhaps leads the race in terms of keeping its citizens in the gray. With Right to Information (RTI) requests going vaguely answered and strange rumours about a ban floating around, India’s Ministry of Finance has now openly addressed the ongoing crypto-confusion. дальше »
2019-7-22 16:42 | |
A ban may not stop people from trading if market’s bullish, claims CEO of Indian cryptocurrency exchange
India’s crypto-community breathed a sigh of relief when India’s Minister of State for Finance, Anurag Singh Thakur, said that cryptocurrencies were not prohibited in India, in response to a question in India’s parliament. дальше »
2019-7-20 20:30 | |
Bitcoin Isn't Banned in India, Confirms Minister; That’s Just Half the Picture
Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »
2019-7-22 14:47 | |
Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture
Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »
2019-7-21 14:47 | |
India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs
The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament. дальше »
2019-7-19 18:45 | |
Bitcoin (BTC) Will Survive Even If Exchanges Are Shut Down
Even if the US pass prohibitive laws to "tame" cryptocurrencies, Bitcoin (BTC) will survive. China and India are trying only publicizing the coin's ability. The post Bitcoin (BTC) Will Survive Even If Exchanges Are Shut Down appeared first on Ethereum World News. дальше »
2019-7-19 17:00 | |
Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
After Digital Yuan, A Digital Rupee Could Be On The Cards
Following China's footsteps, India despite their restrictions on cryptocurrencies could launch a government issued stablecoin, the Digital Rupee The post After Digital Yuan, A Digital Rupee Could Be On The Cards appeared first on Ethereum World News. дальше »
2019-7-17 15:00 | |
India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’
India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »
2019-7-16 19:00 | |
Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies
Rumours of a proposed bill in India that bans cryptocurrency may have been confirmed after Indian blockchain lawyer Varun Sethi posted an alleged first draft of the proposed bill. The “Banning of Cryptocurrency and Regulation of Official Digital Currencies” bill, which proposes to ban or heavily restrict all cryptocurrency-related activity in India, was leaked this […] The post Leaked: India’s Bitcoin Ban Bill Aims to Outlaw All Cryptocurrencies appeared first on CCN Markets дальше »
2019-7-16 10:53 | |
India addresses cryptocurrency scam wave with new police training course
High-ranking police officers in India will receive cryptocurrency training to help with investigations involving digital currency. The country’s national police academy – the Sardar Vallabhbhai Patel National Police Academy (SVP NPA) – has launched an educational course to help officers gain an understanding of how cryptocurrencies and blockchain technology work. дальше »
2019-7-8 13:52 | |
India to Educate High-Ranking Police Officers on Cryptocurrency
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. дальше »
2019-7-8 09:40 | |
Reserve Bank Of India Works To Create New Blockchain Banking Platform For Government
The Reserve Bank of India (RBI), the central bank of the country, is currently working on a blockchain platform for banking in its R&D branch. The information was released in a report by BusinessLine on June 28. дальше »
2019-6-29 01:44 | |
HSBC takes the crypto-leap; educates customers on Bitcoin, cryptocurrency and blockchain technology
Last year, India’s central bank, the Reserve Bank of India, had released a circular prohibiting banks from providing services to both individuals and business involved in trading or holding cryptocurrencies. дальше »
2019-6-27 18:30 | |
Economic Times Implores On Indian Authorities To Embrace Cryptocurrencies, Not Block Bitcoin
Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country. дальше »
2019-6-26 00:01 | |
India: As a movement gains momentum, will the country finally turn the tide and embrace cryptocurrencies?
India is a curious case. At first glance, the Asian country is the hotbed of talent in the realms of finance and technology. However, recent regulations coming from New Delhi’s political chambers regularly play spoilsport. дальше »
2019-6-25 17:00 | |
India’s Anti-Crypto Stance is Boosting its Bitcoin Trading Value
India is continuing its battle against cryptocurrencies. Nevertheless, after a supposed draft bill to ban cryptocurrency in India and up to ten years in jail for mining, holding, or using crypto, the government is not seeing the expected results. дальше »
2019-6-24 01:00 | |
CZ on India Bitcoin Ban: The more it’s banned, the more people want it
With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation’s decision to outlaw cryptocurrencies is only driving more people towards decentralized assets. дальше »
2019-6-23 20:00 | |
Indian Legislators Divided Into Pro And Anti Cryptocurrency Camps
In April 2019, the draft of the ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’ sent shock waves in the entire crypto community of India. Media reports suggest that holding, selling or dealing in cryptocurrencies such as Bitcoin could entail 10 years in jail. An RTI query filed revealed that the Reserve […] дальше »
2019-6-22 19:39 | |