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India's central bank begins arguments in 'Crypto v. RBI' case
The 'Crypto v. RBI' case resumed before the Supreme Court of India on 22 January, with the counsel for the Indian cryptocurrency exchanges, Nakul Dewan, stating that the Reserve Bank of India [RBI] diThe post India's central bank begins arguments in 'Crypto v. RBI' case appeared first on AMBCrypto. дальше »
2020-1-22 17:00 | |
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 | |
India: Lobbying Groups Are Pressuring the RBI to Reconsider its Anti-Crypto Policy
In India the crypto scene is not willing to give up in the battle against a government increasingly reluctant to accept these technologies. Following RBI’s decision to exclude crypto from the tests for its regulatory. дальше »
2019-5-17 05:12 | |
As death approached, India touched the environment for its encryption
A few warning signals and conflicted statements later, the RBI finally pulled the plug on cryptocurrency exchanges. On July 06, a near-complete crackdown—at least temporarily—on cryptocurrencies will take hold in India. дальше »
2018-7-5 11:50 | |
India’s Bank Account Ban Ineffective as Crypto Exchanges Adapt Quickly
As previously reported by CoinDesk, the Supreme Court held a hearing on Tuesday and said the Reserve Bank of India’s (RBI) circular issued in April will “remain implemented,” which prohibits banks from facilitating fiat transactions on Indian crypto exchanges. дальше »
2018-7-5 11:37 | |
Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. дальше »
2018-7-5 00:40 | |
Breaking: India’s Bitcoin [BTC] wallet app announces closure of all rupee services
Zebpay, India’s popular Bitcoin wallet provider, has announced the closure of all its rupee withdrawal and deposit options on July 4th, 2018. Zebpay’s tweet | Source: Twitter On July 3rd, the Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India [IAMAI] v/s Reserve Bank of India [RBI]. The […] дальше »
2018-7-5 21:39 | |
WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »
2018-7-4 11:12 | |
EU Regulators Urged Not To Ban Cryptos Despite Supreme Court of India’s ‘Surprise” Decision: Litecoin, EOS, IOTA, Stellar Lumens, Tron Technical Analysis
Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal. дальше »
2018-7-4 03:02 | |
Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction
Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […] дальше »
2018-7-4 23:57 | |
Court Says India’s Crypto Trade Bank Account Boycott Will Continue
India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »
2018-7-3 21:52 | |
Indian Supreme Court attended Crypto Petition but Upholds RBI Ban – Will get effective in 2 days.
Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday, дальше »
2018-7-3 19:04 | |
RBI Forces Indian Banks to Cease All Cryptocurrency Activity in Two Days
Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in cryptocurrencies. The Reserve Bank of India (RBI) gave a three-month window for activities to cease back in April which ends on July 5. дальше »
2018-7-3 17:30 | |
India Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges Go P2P According to various media outlets, the Reserve Bank of India (RBI) will now succeed in implementing its ban on cryptocurrency business support on July 5. дальше »
2018-7-3 16:00 | |
India’s Supreme Court Will Not Lift RBI Crypto Ban
It finally seems as if a decision has been made by India’s Supreme Court regarding the recent cryptocurrency ban established by the Reserve Bank of India (RBI). India’s Central Bank, the RBI, established a cryptocurrency ban a few months ago which detailed that it’s customers could not have any engagement with cryptocurrency. дальше »
2018-7-3 15:30 | |
Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. дальше »
2018-7-2 16:20 | |
Unocoin’s official statement days before court hearing – India at the verge of make it or break it?
India’s leading exchange platform, Unocoin has released an official statement on its ‘Stance on RBI notice’. The exchange platform says that their banking relationships might be distorted on or before 5th July 2018 due to Reserve Bank of India [RBI]’s notification related to virtual currencies. дальше »
2018-7-1 15:49 | |
Major Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban Begins
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. дальше »
2018-7-1 11:38 | |
RBI crypto ban hearing on July 3rd: INR fate – Boon or bane?
July 3rd marks the day when cryptocurrencies’ fate in India shall be decided. Things seem positive at this point with Subash Chandra Garg, Secretary, Department of Economic Affairs stating that they are developing a template which they think might be in the “best interest of our country”. дальше »
2018-6-30 01:03 | |
Indian Crypto Exchange Asks Users to Withdraw Funds Before July 5
The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst. дальше »
2018-6-29 02:00 | |
Crypto Exchange Resumes Trading in India Despite Problems with Banks and RBI
Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. дальше »
2018-6-27 07:25 | |
RBI Ban: Indian Crypto Exchanges to Stop Handling Fiat Deposits and Withdrawals
As regulatory uncertainty in the Indian cryptosphere continues, exchanges and crypto-related businesses in the country are putting measures in place to cushion the effect the Reserve Bank of India’s ban may have on their businesses. дальше »
2018-6-26 14:42 | |
Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees
The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears. дальше »
2018-6-25 13:00 | |
Indio Crypto exchanged get ready for RBI Ban
Regulation As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. дальше »
2018-6-24 04:23 | |
Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat
As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. дальше »
2018-6-24 02:35 | |
Ripple To See A Positive Trend With This News
The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies. дальше »
2018-6-16 22:00 | |
India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief
Ripple’s global head of infrastructure innovation expects India’s central bank to rescind its crypto ban, based on its inquiry into own digital currency
дальше »2018-6-15 17:07 | |
RBI Needs to Clarify Its Anti-Crypto Decision to the Supreme Court In July
India is a very peculiar country when it comes to Bitcoin and other cryptocurrencies. The RBI decided to restrict such activity in the country in April of 2018. However, further research seems to indicate this decision is not based on research or consultation. дальше »
2018-6-14 01:30 | |
India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
Reserve Bank of India (RBI) to allow crypto trading in India, with conditions
The Reserve Bank of India (RBI) is planning to allow cryptocurrency trading with some level of restrictions. After a rather long wait for the cryptocurrency market in India, the financial regulator and institution; The RBI has announced, according to reports from Congencis, that the government is against the ban of cryptocurrencies in the country. дальше »
2018-6-13 17:39 | |
Are The Reserve Bank Of India About To Admit Their Mistake?
The Reserve Bank of India (RBI) hit the headlines a few months ago through their sudden decision to cut out cryptocurrency activities within their personal and corporate customers. To keep a long story short, they decided to state that they would not provide banking or financial services to anyone who engaged within cryptocurrencies. дальше »
2018-6-13 15:30 | |
India’s Central Bank Remains Mum on Crypto Boycott Reasoning
Shri Varun Sethi, who presents himself as a “blockchain lawyer,” requested clarifications from RBI under the country’s Right to Information Act. According to the answers provided, the decision didn’t result from any kind of special research or deliberation by the regulator. дальше »
2018-6-13 00:03 | |
Reserve Bank of India Admits Issuing Crypto Ban Without Research
RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. дальше »
2018-6-13 20:58 | |