2021-11-30 11:39 |
Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.”
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India is moving forward with its plan to ban most cryptocurrencies under a long-awaited bill, the BBC wrote. If the ban is passed, all private cryptocurrencies will become illegal, with certain exceptions allowing for the promotion of the underlying tech.
2021-11-25 17:04 | |
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The Indian government is preparing to regulate cryptocurrencies in a bill expected to be presented November 29. The post India Preparing Bill to Ban Private Cryptocurrencies appeared first on BeInCrypto.
2021-11-24 17:08 | |
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The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India's lower house of parliament to consider when it convenes next Monday.
2021-11-23 19:15 | |
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India's government is seeking to prohibit almost all private cryptocurrencies
2021-11-23 17:29 | |
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Depending on which part of the world you live in, you will be able to gain access to not only cryptocurrencies, but also blockchain-related products. While a booming market has turned many countries iThe post India ready to embrace CBDC as 'private cryptos hurt government revenues' appeared first on AMBCrypto.
2021-10-28 19:00 | |
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India's cryptocurrency ban is still up in the air
2021-8-2 17:31 | |
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Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency.
2021-7-13 14:00 | |
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One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.
2021-6-2 13:30 | |
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According to a local media source, crypto trading in India is on the rise. This comes as the Indian government is mulling over a ban on private digital currencies, which they say is necessary to protect investors.
2021-5-6 03:00 | |
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India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today.
2021-4-23 10:00 | |
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Amid ambiguous regulations, crypto adoption continues to grow in India. Indian Companies to Report Crypto Holdings According to a recent amendment to India’s Companies Act, all companies are now required to report all their crypto or digital asset transactions in all public financial reporting.
2021-3-26 22:00 | |
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According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide.
2021-3-15 19:40 | |
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The Ministry of Finance of India continues to form a careful position on private cryptocurrencies.
2021-3-15 15:38 | |
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After the first crypto-related ban in 2018 that affected many from the sector, the 2021 proposal to ban all private crypto assets is having a similar effect. With the decision expected “soon,” andThe post Bitcoin vs CBDC: India's growing need for both appeared first on AMBCrypto.
2021-3-10 04:00 | |
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Local media outlets in India are reporting that the Indian government plans to ban all private cryptocurrencies. According to a report from Medianama published on Feb. 9, Finance Minister Nirmala Sitharaman told the Parliament that cryptocurrencies were not legal tender.
2021-2-10 15:30 | |
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The Indian crypto industry sees a brief panic over the government’s plans to ban “private cryptocurrencies” and explore the need for a CBDC.
2021-2-9 16:21 | |
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As recently reported, the budget session of the lower house of India’s bicameral Parliament kicked off with a piece of rather alarming news for Bitcoiners in India when it listed a bill that seems to ban private Cryptocurrencies.
2021-2-2 18:52 | |
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India announced plans to pass new legislation that seeks to ban all private cryptocurrencies in India during the first parliamentary budget session of the year which resumed on 30 January 2021. According to an official statement by the lower house of parliament, the proposed bill will feature a framework for the development of an official […]
2021-2-2 23:08 | |
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The proposed bill is yet to be presented, and WazirX CEO says they have “been preparing for this” and “pushing for regulations.” The post India Proposes Bill to Ban “Private” Crypto’s and Introduce a CBDC, But No Need to Panic first appeared on BitcoinExchangeGuide.
2021-1-31 17:28 | |
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The lower house of the parliament in New Dehli intends examine the future of finance in India. According to the Lok Sabha Bulletin, cryptocurrencies are on the schedule. The government plans to cover a multitude of topics.
2021-1-31 19:25 | |
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India continues to see-saw its stance toward cryptocurrencies. India Mulling Banning ‘Private’ Cryptocurrencies, Launching CBDC According to the Lok Sabha Bulletin published on January 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, aims to stop the trading of digital currencies in India.
2021-1-30 18:00 | |
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A ban on cryptocurrency trading had been in effect for almost two years before it was overturned by the Supreme Court in March 2020.
2021-1-30 21:30 | |
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Despite the lawsuit against Ripple, the fintech firm seems not moved. The recent announcement records another partnership deal between itself, Ripple, Lulu Exchange, a UAE-based exchange, and the Federal Bank, a leading Indian private bank.
2021-1-29 22:12 | |
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Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator has partnered with blockchain-powered digital container logistics platform TradeLens to optimize its port operations and improve supply chain management (SCM).
2020-5-28 00:00 | |
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India’s financial sector has been experiencing a fair amount of trouble lately, as the private bank, Yes Bank, suffers from $2.5 billion in unpaid loans. The country’s officials have introduced measures to curtail negative effects on the market stemming from local and global incidents, but a better solution would be to introduce digital assets, for […] The post Yes Bank Disaster Underscores India’s Need for Digital Currencies appeared first on BeInCrypto.
2020-3-16 16:10 | |
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The governor of India’s central bank, Shaktikanta Das, has restated that the Indian government is against private cryptocurrencies. This all comes ironically amid talks of India launching its own Central Bank Digital Currency (CBDC).
2019-12-7 20:10 | |
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India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]
2019-12-6 18:28 | |
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After considering the issue thoroughly, RBI decides to go for its own crypto and do it independently of any private blockchain companies
2019-12-6 14:23 | |
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The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies.
2019-12-6 16:30 | |
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In recent months, authorities in India have been investigating the management of a major private bank, Punjab and Maharashtra Co-operative Bank, for fraud, amounting to $600 million. The investigation has left nearly 1 million bank customers without access to their funds – the sort of situation that could be avoided with Bitcoin-related financial services.
2019-11-14 05:24 | |
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At its annual Google for India event in the capital of New Delhi today, the search giant announced it’s opening an AI research center in Bangalore, led by scientist Dr. Manish Gupta. The center called Google Research India will focus on tools that can be used by government and private entities.
2019-9-19 08:58 | |
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A new authority joins the investigative search on Quadriga CX, bankrupt digital asset exchange that lost over $190 million USD of customer’s funds. Ever since the Quadriga CX case broke out, whereby the Canadian digital asset exchange CEO, Gerald Cotton, reportedly died in India taking to the grave the private keys of users’ funds, a […]
2019-9-17 17:18 | |
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Canada’s Revenue Agency is now looking into the corporate tax returns submitted by QuadrigaCX, the troubled cryptocurrency which collapsed earlier this year, taking approximately $134 million of users’ funds with it.
2019-9-17 14:35 | |
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Reliance Jio, which recently became the largest private telecom company in India and the world, has announced the launch of a proprietary blockchain solution built to improve customer data privacy. In the report by ET Telecom, August 12, 2019, Reliance executive chairman Mukesh Ambani, spoke of the imminent transformation of Jio into a technology companyRead MoreRead More.
2019-8-13 21:00 | |
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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.
2019-7-23 17:30 | |
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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.
2019-7-23 17:09 | |
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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.
2019-7-22 16:42 | |
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China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.
2019-7-10 11:00 | |
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Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it.
2019-7-8 15:48 | |
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Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert.
2019-7-5 16:08 | |
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The allure of fast profits from cryptocurrency appears to have been too great for one bank manager in India. The manager of a Standard Chartered branch, a private bank in India, has been arrested for running a cryptocurrency scam in which he promised unrealistic returns on a digital coin, Business Standard reports.
2019-7-3 12:52 | |
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WANT Marketplaces runs a global ecosystem of B2B, B2C, O2O, C2C hyperlocal, social, private groups and secure messaging based e Commerce marketplaces powered by the benipal shopping search engine, a relational contextual image, voice and text based search engine.
2019-6-25 22:03 | |
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It’s been less than 48 hours since Facebook unveiled its “cryptocurrency” Libra, which will operate on a private blockchain and have its own wallet. With the fiat currency-backed digital asset a year out from its official 2020 launch, the social media giant seems to have met its first major roadblock.
2019-6-20 17:30 | |
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Partnership: Blackstone Majority –Owned Indian Tech Firm Collaborates With Bitfury On Finance Project Indian technology firm Mphasis, owned by American private equity firm Blackstone Group on May 28 announced its effective collaboration with blockchain giant Bitfury on a trade finance project.
2019-5-29 00:41 | |
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The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well.
2019-5-17 22:08 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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One of India’s leading private banks, the Housing Development Financial Corporation (HDFC), is reportedly sending users whose banking transactions… The post India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions appeared first on Invest In Blockchain.
2019-4-29 12:12 | |
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The Indian government and the country’s banking sector’s negative stance against the cryptocurrency industry have reached new heights. The Housing Development Finance Corporation Ltd [HDFC], the largest private lender in India has been ramping up its efforts in opposition of the country’s cryptocurrency industry.
2019-4-27 13:00 | |
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Jimmy Song, a well-known Bitcoin influencer and developer, commented on the news surrounding International Monetary Fund and India. Recently, it was reported that the International Monetary Fund [IMF] and the World Bank launched their own cryptocurrency, Learning Coin, which would have no monetary value.
2019-4-16 20:30 | |
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His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.
Nigeria’s communication ministry said the Code Clubs will introduce young participants to coding and digital technology and encourage them to deploy creative problem-solving in their everyday lives.
According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property.
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science.
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years.
Governmental and institutional cryptocurrency adoption has been a topic of significant debate and speculation in recent years. As we stand in 2023, it’s clear that the landscape is evolving rapidly, but the finish line is still somewhat distant.