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Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed?
As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz. дальше »
2021-9-3 17:56 | |
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Guardian Link Announces Partnership with BeyondLife.Club, Launching Amitabh Bachchan’s First-ever NFT Collection
3 September 2021, Singapore — Influential Indian actor, producer, and TV host Amitabh Bachchan is all set to launch his first set of NFTs with BeyondLife. Club, powered by Guardian Link. The blockchain R&D company will partner with the exclusive brand platform BeyondLife. дальше »
2021-9-4 16:00 | |
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Guardian Link partners with BeyondLife.Club launching Amitabh Bachchan’s NFT collection
Influential Indian actor, producer, and TV host Amitabh Bachchan is all set to launch his first set of NFTs with BeyondLife. Club, powered by Guardian Link. The blockchain R&D company will partThe post Guardian Link partners with BeyondLife. дальше »
2021-9-3 15:15 | |
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India: New Bill Reportedly to Treat Cryptocurrencies as Commodity
The Indian government could finally be making plans to embrace the crypto economy. India Considering Legitimizing Crypto The ambiguous state of legality of cryptocurrencies in India might soon be coming to an end for good if a recent report by The Economic Times is anything to go by. дальше »
2021-9-4 15:00 | |
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Legendary Indian Film-Star Amitabh Bachchan Launches NFT Collection
The NFT scene in India got a major boost on Wednesday when a new NFT marketplace announced that it will launch NFTs and personal collectibles themed around the country’s most popular and iconic film and TV star Amitabh Bachchan. дальше »
2021-9-2 14:12 | |
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Legendary Bollywood Actor Amitabh Bachchan Drops NFT Collection
Iconic Bollywood actor Amitabh Bachchan is the latest celebrity to join the NFT bandwagon. Bollywood Legend Amitabh Bachchan to Launch NFT Collection The popularity of non-fungible tokens (NFTs) continues to rise with the latest nod of approval coming from one of the most influential personalities and actors from the Indian Hindi film industry, Amitabh Bachchan.Read More дальше »
2021-9-1 21:00 | |
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Indian Central Bank Could Launch CBDC Trials by December
The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das. The post Indian Central Bank Could Launch CBDC Trials by December appeared first on BeInCrypto. дальше »
2021-8-28 21:20 | |
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Former IMF exec: 'I am not going to say Bitcoin is going to implode tomorrow'
The Indian central bank has always been particularly wary of the cryptocurrency industry. According to former Reserve Bank of India Governor Raghuram Rajan, however, cryptos definitely have a "potentiThe post Former IMF exec: 'I am not going to say Bitcoin is going to implode tomorrow' appeared first on AMBCrypto. дальше »
2021-8-27 20:30 | |
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Indian Crypto Pundits Recommend Industry Be Regulated as Commodities
Crypto insiders in India have asked for the asset class to be regulated as commodities, among other recommendations. The post Indian Crypto Pundits Recommend Industry Be Regulated as Commodities appeared first on BeInCrypto. дальше »
2021-8-26 12:46 | |
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GoSats announces cashback for Indian crypto users
GoSats, one of the world’s largest Bitcoin rewards companies has rolled out its cashback for the users in India, setting the stage for potential mainstream adoption of blockchain technology and cryptocurrency in the second-most populous country on earth. дальше »
2021-8-17 14:21 | |
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Will India's e-RUPI adoption pave the way for CBDC
Prime Minister of India, Narendra Modi launched e-RUPI, a digital voucher program in a bid to boost the country's fintech sector. The Indian government has been making efforts to digitize payments andThe post Will India's e-RUPI adoption pave the way for CBDC appeared first on AMBCrypto. дальше »
2021-8-11 14:32 | |
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India Just Got Its First Crypto Unicorn
Despite the government’s nonchalance, the Indian cryptocurrency scene is becoming ever more exciting. On Tuesday, the country saw the emergence of the first crypto unicorn. CoinDCX, which was founded barely a few days before the RBI had imposed a ban on cryptocurrencies in India in 2018, has turned into a $1-billion company. CoinDCX Co-founder and […] дальше »
2021-8-11 16:54 | |
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Meet The 13-Year-Old Indian Kid Managing Millions Of Dollars In Crypto
The crypto hype has seen a surge in all parts of the world over the past couple of years. While some countries have embraced this novel technology with open arms, others have been very much opposed to the idea, even going as far as creating policies against trading crypto. One of such countries is India. […] дальше »
2021-8-9 02:00 | |
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Meet 13-Year-Old Indian Whiz Kid Managing Millions Of Dollars In Crypto
Even as the Indian government is not ready to accord cryptocurrencies any space in the Indian financial system, the strength of the innovative technology behind cryptocurrencies is showing up in most unexpected places. дальше »
2021-8-9 15:45 | |
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Bitbns announces Cryptocurrency SIPs’ worth lakhs for Indian Medalists at Tokyo Olympics 2020
In its bid to recognize and celebrate Olympic champions, Bitbns, the country’s leading cryptocurrency exchange, has announced Bitcoin SIP awards for Indian winners at the Tokyo 2020 Olympic Games. дальше »
2021-8-5 13:44 | |
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Indian Government Working on Blockchain Framework to Ease Startup Compliance
Indian government agencies are contemplating leveraging blockchain technology to mitigate compliance burdens on startups, a report by Inc42 claims. Using Blockchain to Ease Startup Compliance In a bid to make it easier for startups to deal with compliance and regulatory hurdles, some Indian government agencies are mulling a move to distributed ledger technology (DLT). Specifically,Read More дальше »
2021-8-1 07:00 | |
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As Binance faces more regulatory backlash, Indian authorities may be the latest to initiate probe
Prominent cryptocurrency exchange, Binance has announced the discontinuation its futures and derivatives services across Europe. Binance announced this on Twitter through a series of tweets, which notThe post As Binance faces more regulatory backlash, Indian authorities may be the latest to initiate probe appeared first on AMBCrypto. дальше »
2021-7-30 15:30 | |
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Binance faces more regulatory backlash; Indian authorities reportedly latest to initiate probe
Prominent cryptocurrency exchange, Binance has announced the discontinuation its futures and derivatives services across Europe. Binance announced this on Twitter through a series of tweets, which notThe post Binance faces more regulatory backlash; Indian authorities reportedly latest to initiate probe appeared first on AMBCrypto. дальше »
2021-7-30 15:30 | |
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India's CoinDCX, WazirX take major steps despite lack of regulatory clarity
Popular Indian cryptocurrency exchange, CoinDCX, is looking to close a new financing round of $100-$120 million from investors. This round will reportedly be led by Facebook co-founder Eduardo SaverinThe post India's CoinDCX, WazirX take major steps despite lack of regulatory clarity appeared first on AMBCrypto. дальше »
2021-7-29 19:00 | |
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India Still In Denial Mode Regarding Cryptocurrencies
The Indian government is in complete denial about cryptocurrencies. Replying to a question by a member of parliament (MP), Finance Minister Nirmala Sitharaman informed parliament on July 27 that the Indian government does not collect any data on the cryptocurrency market. дальше »
2021-7-30 18:19 | |
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Indian crypto investors may not be charged this tax
India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of BiharThe post Indian crypto investors may not be charged this tax appeared first on AMBCrypto. дальше »
2021-7-28 15:30 | |
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Indian State Adopts Blockchain to Fight Certificate Forgery
The state of Maharashtra in India has adopted blockchain technology to issue educational certificates in order to combat issues of certificate forgery. Maharashtra Utilizes Blockchain for Educational Document Registration The Maharashtra State Board of Skill Development (MSBSD) is utilizing LegitDoc, an Ethereum blockchain-powered system developed by Bangalore-based tech company Crossforge Solutions Pvt Ltd, for theRead More дальше »
2021-7-27 23:00 | |
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Indian Startup Accepts Crypto Payments Despite Regulatory Uncertainty
The crypto fever seems to be steadily making its presence felt in India. Indian Startup Begins Accepting Crypto Payments The Rug Republic, a New Delhi-based startup recently announced it would begin accepting top 20 cryptocurrencies for payments but only from Indian customers. дальше »
2021-7-25 01:00 | |
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'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay
The Indian cryptocurrency community is fighting the lack of regulatory clarity actively, but the government seems to be more enthused about the development of its digital rupee. Today, the Reserve BanThe post 'Time for India's CBDC is nigh,' but why is the RBI keeping Bitcoin at bay appeared first on AMBCrypto. дальше »
2021-7-22 18:30 | |
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Hopes of India’s Crypto Bill Dashed as Govt Doesn’t List for Parliament Discussion
Betraying the hopes of the crypto industry that the Indian government will introduce the cryptocurrency regulation bill in the upcoming Monsoon session that kicks off on July 19, 2021, the list of bills that may tentatively be taken up does not include cryptocurrency bills. дальше »
2021-7-20 19:56 | |
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Indian regulator probes crypto exchange for alleged forex law violations
The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land. дальше »
2021-7-19 17:18 | |
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WazirX needs to explain why withdrawals from crypto wallets were NOT in violation of FEMA
Binance-owned Indian cryptocurrency exchange, WazirX was on the receiving end of yet another notice from the Enforcement Directorate [ED]. As per reports, the notice questioned "withdrawals from cryptThe post WazirX needs to explain why withdrawals from crypto wallets were NOT in violation of FEMA appeared first on AMBCrypto. дальше »
2021-7-19 14:32 | |
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Indian Banking Giant ICICI Restricts Customers from Using Remittance for Crypto Investments
Since the inception of Bitcoin (BTC), India’s attitude on cryptocurrency adoption has been a grey area. In what appears to be yet another setback for the Indian crypto community, one of the country’s largest financial institutions, ICICI Bank, has issued a warning to customers not to use its remittance services to invest in any kindRead More дальше »
2021-7-14 23:01 | |
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Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
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. дальше »
2021-7-13 14:00 | |
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India May Discuss Crypto Bill In Coming Parliament Session
India is finally getting closer to having its first set of rules and regulations for the crypto industry. In an interview with a media outlet last week, Indian Finance Minister Nirmala Sitharaman has said that her ministry is ready with a proposal and it would be placed before the Cabinet for discussion. “We have done […] дальше »
2021-7-10 18:07 | |
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India may see the crypto bill discussion in Monsoon session of Parliament
Indian crypto businesses may find some relief in the news that the cabinet note for the crypto bill is 'ready'. This information was disclosed by the Finance Minister, Nirmala Sitharaman during an intThe post India may see the crypto bill discussion in Monsoon session of Parliament appeared first on AMBCrypto. дальше »
2021-7-6 06:00 | |
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India: IT Firm Tech Mahindra Partners with Startup to Launch Blockchain-Powered Vaccine Traceability Solution
Indian IT giant Tech Mahindra has joined forces with Singapore and Hyderabad-based ditital supply chain solutions provider StaTwig to implement ‘VaccineLedger’ across the globe. Tracing Vaccine Provenance with Blockchain According to a report by The Business Line, major Indian IT firm Tech Mahindra is set to leverage distributed ledger technology (DLT) to perform end-to-end traceabilityRead More дальше »
2021-7-6 21:01 | |
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India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges
The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. The post India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges appeared first on BeInCrypto. дальше »
2021-7-3 12:46 | |
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Indian Authorities May Slap 18% Tax on Foreign Crypto Exchanges
Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021. дальше »
2021-7-3 22:00 | |
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India: WazirX Partners with TRM Labs to Detect Crypto Fraud Transactions
Binance Indian exchange WazirX has partnered with blockchain intelligence firm TRM Labs. The collaboration is expected to increase the security capacity of India’s largest exchange and help detect crypto fraud transactions. дальше »
2021-7-2 05:00 | |
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Indian Crypto exchanges: Getting to the bottom of 'the problem the industry is facing'
Indian crypto businesses have been struggling with unclear regulations and now, exchanges are seeking secure, viable, permanent payment solutions. This comes at a time banks and payment gateways beganThe post Indian Crypto exchanges: Getting to the bottom of 'the problem the industry is facing' appeared first on AMBCrypto. дальше »
2021-7-2 04:00 | |
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Crypto Exchanges in India Struggle with Limited Banking Access
Shunned by commercial banks, Indian crypto exchanges are dealing with major operational hurdles amid a lack of clear-cut regulations by the government. Peer-to-peer trading remains the order of the day and exchange operators say the risk of fraud in alternative trading rails remains high. дальше »
2021-7-2 23:00 | |
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Indian Crypto Exchanges Struggling With Payment Processors
Cryptocurrency exchanges in India are struggling to secure payment solutions as banks have started severing ties. The post Indian Crypto Exchanges Struggling With Payment Processors appeared first on BeInCrypto. дальше »
2021-7-1 13:55 | |
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Indian Investors Are Toppling Their Counterparts And Spearheading Crypto Adoption In Asia
Indians are favoring investing in cryptocurrencies as data has shown that crypto investments in the country have surged significantly in the past year. According to our recent report, data from Chainalysis has shown that crypto investments in India have grown approximately 900%. дальше »
2021-7-1 23:54 | |
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Did the Indian govt's 'Bitcoin ban' campaign backfire?
India's stance towards cryptocurrencies has been steadily changing over the past year: indications of ebbing hostility towards this sector have been widely covered. Considering the sheer number of peoThe post Did the Indian govt's 'Bitcoin ban' campaign backfire? appeared first on AMBCrypto. дальше »
2021-6-29 04:00 | |
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Indian Investments In Crypto Grow Rapidly As $40 Billion Milestone Is Reached
India is seeing explosive growth in crypto investments compared to last year as the $40 billion milestone is crossed. Rapid Growth In Cryptocurrency Compared To Last Year As per a Bloomberg report, Indian investors now hold $40 billion in virtual assets, a massive increase from $200 million a year ago. дальше »
2021-6-29 21:34 | |
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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year
Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »
2021-6-28 16:25 | |
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Indian Banks Halting Services to Crypto Industry Post RBI Clarification
Several Indian banks have reportedly halted services to customers dealing in cryptocurrencies despite the central bank, the Reserve Bank of India (RBI), informing them that the banning circular is no longer valid. дальше »
2021-6-27 17:00 | |
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