India Government Drafts Bill To Ban Cryptocurrencies Completely

2019-4-26 09:16

The Economic Times reports that the Indian government is looking to ban cryptocurrencies entirely, with a draft of such… The post India Government Drafts Bill To Ban Cryptocurrencies Completely appeared first on Invest In Blockchain.

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ban cryptocurrencies government drafts completely bill india

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Indian Supreme Court Advocate Says Cryptocurrencies Cannot Be Regulated

A supreme court advocate has explained the limitations of the Indian government’s power to regulate cryptocurrency, determining that the court should not get involved. Meanwhile, the crypto community awaits the government’s regulatory framework and the supreme court hearing of the petitions against the banking ban by the central bank.

2019-3-5 10:35


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Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’

Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera.

2019-1-29 16:00


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New Indian Governmental Committee Wants Cryptocurrencies to Be Legalized

The Indian cryptocurrency scene is murky as crypto entities are facing a banking ban and the government has explicitly asked investors to stay away from Bitcoin and other cryptocurrencies. However, the second interdisciplinary committee is now saying that cryptocurrency could be legalized in India with several terms and conditions, as reported by The New Indian Express.

2018-12-27 16:04


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Where Are They Now?: More than a Year Since the ICO Ban, China Is a World Leader in Blockchain Technologies

Ever since the winter boom of 2017, blockchain and cryptocurrencies were catapulted into global discourse like never before; whether it was the sky-high crypto-market capitalizations, or the rush of freshly-funded blockchain startups advancing the frontiers of the bustling sector, it became evident it was no “fad.

2018-12-22 11:00


Experts in Crypto Community Discuss India’s Bitcoin Ban Being Nearly Impossible to Accomplish

As you may have already heard, India is planning on banning cryptocurrencies. The Indian government does not love cryptos. Everyone who read the news when the government banned banks from having crypto exchanges as clients knows that their instance on the market is far from slightly good. At the moment, nobody is exactly sure how […]

2018-11-16 02:10


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2018-11-14 05:54


Ôîòî:

Chinese Court: Bitcoin Is Property and Protected by Law

A Chinese Court recently ordered a company in a civil dispute to repay a misappropriated amount of cryptocurrency, setting a legal precedent for cryptocurrency-related disagreements. According to a Finance Magnates’ article published on November 5, 2018, despite China’s 2017 cryptocurrency ban, the Shenzhen Court recognized in the civil dispute that cryptocurrencies have economic value.

2018-11-7 04:00


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


Ôîòî:

India considers outlawing cryptocurrency use (but blockchain is still cool)

It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead.

2018-10-31 17:07


Ôîòî:

Chinese Court States Bitcoin is “Property of Economic Value”

A Chinese arbitration court declared crypto-assets such as Bitcoin must be treated as legal property, despite an infamous blanket ban on cryptocurrencies in the country. Chinese Court Classifies Bitcoin as Property As reported by a local news outlet, the Shenzhen Court of International Arbitration ruled cryptocurrencies must be legally protected as a property with “economic […] The post Chinese Court States Bitcoin is “Property of Economic Value” appeared first on CryptoSlate.

2018-10-27 00:30


Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November

India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […]

2018-10-27 21:45


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FIU steps up AML and CFT compliance for crypto exchanges in India

Indian authorities are actively working to bring all cryptocurrency exchanges operating in India under stringent Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) guidelines to enhance compliance and oversight in the burgeoning digital asset market. The Indian government’s Financial…

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Binance to resume India operations following registration

Binance is set to resume its cryptocurrency operations in India, according to the latest regulatory news around the world’s largest crypto exchange by trade volume. On Friday, an official of the Financial Intelligence Unit (FIU) said that the anti-money laundering watchdog had approved both Binance and KuCoin to offer services in the country. The two […]