2020-5-27 17:32 |
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
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Indian cryptocurrency firms are leaving no stone unturned in recent times. The country’s government, which is rather slow in adopting technology, okayed cryptocurrency businesses to continue earlier this year, leading to a flurry of investment and technological activity.
2020-5-27 17:00 | |
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Binance and WazirX plan to donate up to $50 million to Indian blockchain startups after the Supreme Court lifted a central bank ban on financial services for these firms.
2020-3-17 07:00 | |
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The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms.
2020-3-10 13:00 | |
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The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.
2020-3-7 16:26 | |
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Through the partnership the firms will launch a new futures trading platform in India, providing OKEx with a foothold in a high-potential market.
2020-2-14 16:00 | |
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The Indian Supreme Court has postponed the hearing on Reserve Bank of India’s (RBI) case related to crypto businesses. Ever since the RBI implemented its ban on crypto dealings at banks in April 2018, crypto firms and exchanges in India have had a very tough time.
2020-1-15 21:57 | |
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Uttar Pradesh is poised to become the inaugural Indian state to introduce blockchain-based solar energy trading. This is after Australian startup, Power Ledger inked a deal with two major government-owned companies for a pilot project that will involve blockchain-based solar energy trading, Cointelegraph reports.
2019-11-30 22:40 | |
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Back in April 2018, India’s central bank instigated a massive crackdown on purchasing and trading cryptocurrency like Bitcoin. Bibhu Kanungo, who is the Deputy Governor for Reserve Bank of India, declared that all the firms regulated by the RBI should “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the existing […]
2019-11-29 21:02 | |
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India Supreme Court Justice Rohinton Fali Nariman has ruled that the Reserve Bank of India has not responded appropriately to concerns from the country's crypto industry regarding the RBI's ban on banks providing services to crypto firms.
2019-8-21 19:11 | |
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The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019.
2019-7-31 11:00 | |
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The Economic Times reports that India is gearing up to seek ‘adequacy’ status with the European Union‘s General Data Protection Regulation (GDPR), a set of privacy laws adopted by the region in 2016 and enforced from last year.
2019-7-30 09:57 | |
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Indian crypto exchange Koinex announced it will be ceasing operations as a result of the Reserve Bank of India's ban on banks offering services to crypto-related firms.
2019-6-28 19:32 | |
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Major Indian telecom service providers including Vodafone Idea, Reliance Jio, and Bharat Sanchar Nigam Limited (BSNL) are poised to roll out blockchain-powered solutions to tackle the widespread menace of spam calls and messages faced by more than a billion mobile phone users in India.
2019-5-28 21:00 | |
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Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely.
2019-4-26 12:00 | |
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Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition.
2019-4-4 13:46 | |
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A new study by The Hard Fork shows that the United States is the world leader in blockchain-related job vacancies, followed by the UK and India. However, non-blockchain firms are the biggest hirers of labor.
2019-3-12 19:00 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal.
2019-2-20 00:52 | |
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Amazon is in a tough spot in India, one of its largest markets outside the US. New government-issued norms, which kicked in just today, prevent foreign firms from selling their products directly to consumers.
2019-2-1 12:47 | |
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India, home to over 1.2 billion people and titleholder of the world’s fastest growing economy, has seen a plethora… The post Top Firms in India Exploring the Use of Blockchain Despite Unclear Regulations in the Country appeared first on Invest In Blockchain.
2019-1-16 11:08 | |
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India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand.
2019-1-1 16:35 | |
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Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018.
2018-12-14 10:00 | |
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A minister serving in India recently stated that a local state was working on plans that would help make it possible for local firms to operate without having to rely on the policy frameworks put in place by the National government.
2018-11-26 12:29 | |
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Ernst Young, one of the largest professional services firms in the world, will be hiring 2,000 employees in India in the next three years as part of its plan to build up its digital solution services in a number of domains including blockchain technology.
2018-11-24 02:00 | |
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Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.
2018-10-19 10:00 | |
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Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.
2018-10-18 10:00 | |
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The Swiss Financial Market Supervisory Authority (FINMA) has met with representatives of the country’s banking sector in the hopes of stemming a nascent exodus among cryptocurrency companies from Switzerland.
2018-7-25 22:45 | |
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Koinex Loop is a p2p token transaction network by Koinex, one of India’s leading exchanges. After the enforcement of RBI’s directive for banks to not engage with cryptocurrency firms, Indian users desperately needed more options for buying and selling cryptocurrencies.
2018-7-23 14:00 | |
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In a recent discussion on cryptocurrencies in India, several companies have spoken up on the ban imposed by the Supreme Court of India, for banks to nullify their communication with cryptocurrency entities.
2018-7-23 23:03 | |
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A Supreme Court decision on the Reserve Bank of India’s (RBI) efforts to bar cryptocurrency firms from receiving banking services will have to wait – for now. A final hearing on the ban’s merits has been deferred to September 11, local news outlet Inc42 reported Friday. The panel of judges overseeing the case want all arguments
2018-7-21 00:07 | |
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A Supreme Court decision on the Reserve Bank of India's efforts to bar crypto firms from receiving banking services has been pushed to September.
2018-7-20 19:30 | |
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After much waiting and speculation on the July 5 deadline, India may forgo banning investment in cryptocurrency after all. Indian Ban May Be a Bust The three-month time span from the Reserve Bank of India’s initial announcement that all RBI regulated entities must cease any crypto related activities, including both individuals and firms, was filled with speculation.
2018-7-11 15:00 | |
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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
2018-7-3 21:52 | |
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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.
2018-7-3 17:30 | |
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Ripple has made some major inroads in the world of finance over the past few years. This company is very different from traditional firms, mainly because it taps the potential of digital assets and blockchain technology to achieve its goals.
2018-6-29 17:00 | |
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Do Kwon, the South Korean crypto fugitive, was reportedly set free from prison in Montenegro over the weekend.
India's Supreme Court has turned away a petition that sought to direct the government and relevant authorities to frame guidelines for regulating the trading and mining of cryptocurrencies.
In the legal battle between Ripple and the US Securities and Exchange Commission (SEC), both parties submitted a schedule for discovery and briefing to Judge Torres yesterday. However, pro-XRP attorney Jeremy Hogan has pointed out another very interesting development via X.
If the Supreme Court decides to strike down Section 230, it's going to become considerably more difficult for centralized social media companies to operate.
While some Salvadorans situated near Playa El Zonte beach like the new bitcoin tender law implemented by Nayib Bukele’s regime, a number of other citizens dislike the law. This week, regional reports show citizens from El Salvador have taken to the streets to protest the bitcoin tender law.
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI).