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

Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward

The bill proposed by the Indian government against the use of cryptocurrency in any form has attracted attention in the crypto verse. While some have said it will lead to further adoption instead of discouraging it, Binance CEO Changepeng ‘CZ’ Zhao says it is likely to drive the adoption of privacy coins to the Indian […] The post Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward appeared first on ZyCrypto. дальше »

2019-6-8 16:18

It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. дальше »

2019-4-1 15:15

Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing

Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future. дальше »

2019-3-26 08:30