India can not ban digital coins, deal with things like goods

India can not ban digital coins, deal with things like goods
фото показано с : bitcoints.com

2018-7-13 11:20

A draft bill on cryptocurrency regulations in India is expected by this month which will put more light into this matter.
Just when everyone is looking forward to India’s stand on virtual digital currencies, the latest report suggests that India is not seeking to ban cryptocurrencies but instead treat them as commodities.
Recently, a senior government official with anonymous identity told Quartz that cryptocurrencies are, most likely are not to be banned in India.
Instead, the finance ministry panel set to study them might treat them as commodities.
The issue here is about regulating the trade and we need to know where the money is coming from.

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India Coin (INDIA) на Currencies.ru

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india digital → Результатов: 27


India May Treat Cryptocurrencies as Commodities Rather Than Ban Them

India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don’t think the panel set up to look into digital currencies ‘is really thinking […] The post India May Treat Cryptocurrencies as Commodities Rather Than Ban Them appeared first on Coinjournal.

2018-7-13 16:53


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Indian Regulators May ‘Unban’ Cryptocurrency Trading Soon

The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian.

2018-7-13 16:00


How to buy Bitcoin in India after RBI ban

One of the major fall-outs of RBI’s April-5 circular has been the cease of rupee deposit and withdrawal on the country’s biggest digital exchange platform. Zebpay, shortly after urging its users to withdraw money on July 4, issued a statement saying, “we are disabling the rupee deposit and withdrawal options owing to the bank account The post How to buy Bitcoin in India after RBI ban appeared first on ItsBlockchain.

2018-7-8 14:14


Coindelta Flux: Peer to Peer Cryptocurrency Trading Exchange Platform Launches

Shubham Yadav, Founder at coindelta.com, announced on July the 3rd Coindelta Flux, a peer-to-peer exchange platform. Coindelta aims to become the most preferred digital assets exchange in India. The number of virtual currencies available for trading has increased from 12 to 33, and the company organized five competitions in different markets. Deposits and withdrawals were […]

2018-7-5 22:37


Malaysian Crypto Company Belfrics Group Resumes Their Digital Currency Exchange in India

Belfrics Group, a Malaysia-based crypto exchange, will resume its operations in India after a six-month hiatus. The company shut down its digital currency exchange earlier this year before the Reserve Bank of India officially announced a ban on banking companies, payment companies, and NBFCs supporting with crypto entities.

2018-6-27 16:35