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Indian Government Delays Introducing Crypto Bill
The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. дальше »
2019-11-16 14:05 | |
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Indian Government Programs Add New Crypto Courses
The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. дальше »
2019-11-14 16:00 | |
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Bitcoin Use Case Underlined by Indian Bank PMC Woes
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. дальше »
2019-11-14 05:24 | |
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Indian Customers Risk Losing Their Cash To A Failing Banking System
Nearly one million Indian bank customers cannot access their cash they deposited to their bank. The incident was just a proof of how the banking system is experiencing shortcomings and the improvements that could be made if crypto was given the opportunity. дальше »
2019-11-13 18:48 | |
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Narendra Modi’s Policies Choke as India’s Economic Meltdown Intensifies
India’s GDP growth is expected to slip further in the fiscal second quarter that extends from July to September. Narendra Modi and co. have been trying a slew of initiatives to boost growth, but they seem to be failing. дальше »
2019-11-14 16:17 | |
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A Million Bank Users Ask For Their Money, is Crypto a Viable Alternative?
Almost one million customers of an Indian bank are currently without access to the money they deposited with the institution. The incident serves as yet another reminder of the shortcomings of the current banking system and the potential improvements offered by crypto. дальше »
2019-11-13 01:00 | |
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India’s Blockchain Coffee Platform Onboards 30,000 Farmers
The Indian government’s blockchain platform for tracking coffee has seen significant adoption. Over 30,000 coffee farmers have signed up just a few months after the launch. Back in March this year, the Coffee Board of India (CBoI) partnered with software company Eka Software Solutions to launch a blockchain platform. дальше »
2019-11-12 05:35 | |
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Indian Central Bureau of Investigation (CBI) Charges Own Officer for Blackmailing Bitcoin Businessman for $700,000
As per a report in India Today, the Indian Central Bureau of Investigation is currently investigating one of its own officers in an extortion case. The officer under investigation was identified as Sunil Nair, who was found to be blackmailing local real-estate businessman named Shailesh Bhatt for INR 5 crore (equivalent to $700,000) for his […] дальше »
2019-11-9 19:55 | |
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Bithumb Seeking Indian Partner for its Blockchain Platform
Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain platform specially designed for India and its growing number of crypto users. дальше »
2019-11-7 14:30 | |
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190 Indian Banks Raided in Fraud Crackdown — Can Bitcoin Be an Alternative?
India’s Central Bureau of Investigation (CBI) has performed a targeted raid on about 170 of the country’s banking locations in an attempt to crack down on fraud, which is reportedly rife in the banking sector. дальше »
2019-11-7 10:06 | |
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190 Indian Bank Locations Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
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190 Indian Bank Branches Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
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Indian Defence Minister: AI, Data, and Blockchain Revolutionising Warfare
Rajnath Singh, the Union Minister of Defence for India, told envoys from 80 countries that in the age of information, the newest technological innovations will serve as the means of modern warfare. As per the Times of India, Singh believes warfare is evolving from land, sea, and air to cyberspace and outer space, November 4,Read MoreRead More. дальше »
2019-11-5 17:04 | |
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AI and Blockchain to Revolutionize Warfare, Says Indian Defense Minister
Coinspeaker AI and Blockchain to Revolutionize Warfare, Says Indian Defense MinisterAccording to Rajnath Singh, Indian defense minister, blockchain, big data and AI have the potential to enhance defense operations. дальше »
2019-11-4 18:40 | |
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Indian Authorities Catch Bitcoin Thieves Defrauding Job Seekers
The Uttar Pradesh Special Task Force (STF) has arrested a gang of bitcoin (BTC) thieves who act as employment agents, posting fake overseas job offers online to defraud applicants of their cryptos. Authorities have succeeded in apprehending three members of the gang, seizing their ATM cards and Rs 21,300 (roughly $301) in cash, reports theRead MoreRead More. дальше »
2019-11-4 14:00 | |
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Indian State Tamil Nadu is Reportedly Developing AI and Blockchain Policies
Tamil Nadu, the 10th largest Indian state, is working on creating state-level policies for AI and blockchain technologies. Blockchain technology seems to be going through a very positive period, with major countries around the world suddenly welcoming it. дальше »
2019-11-1 02:09 | |
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Was Hack on Indian Nuclear Plant Used to Test Cyber Intrusion Abilities?
The Nuclear Power Corporation of India has confirmed the discovery of malware on its network. According to a statement, the infection was found on a central computer that was not connected to the more sensitive internal systems. дальше »
2019-11-1 21:09 | |
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Startup Reopens Bitcoin Market to India
Cashaa, a London based start-up has begun offering deposits and withdrawals in Indian Rupees (INR) months after a number of exchanges there had to close due to a banking blockade.... The post Startup Reopens Bitcoin Market to India appeared first on Trustnodes. дальше »
2019-10-28 16:55 | |
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Indian Crypto Trading Volumes Accelerate on Positive Sentiments
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. дальше »
2019-10-28 12:16 | |
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Cashaa Rolls Out Bitcoin Purchasing Option for India
The online banking platform Cashaa has enabled fiat deposits so that those in India can purchase bitcoin using the Indian rupee. The post Cashaa Rolls Out Bitcoin Purchasing Option for India appeared first on Bitcoin Magazine. дальше »
2019-10-25 22:57 | |
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Indian Firm Taps Blockchain Technology for Tea Leaves Tracking
Assam Company India Limited (ACIL), an Indian corporation engaged in tea plantation, has put up a plan to integrate new technologies such as blockchain, artificial intelligence (AI) and big data into its processes and reward tea farmers for their hard work. дальше »
2019-10-24 13:00 | |
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Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. дальше »
2019-10-23 11:00 | |
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Cashaa Launches Banking Solution for Indian Crypto Owners
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies. дальше »
2019-10-22 13:30 | |
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Cashaa crypto wallet enables Indian residents to buy BTC with rupee
Cryptocurrency wallet and payment app Cashaa, announced it has enabled INR (Indian rupee) deposits and purchases of crypto in India for residents, up to 1 crore INR per month. Founded in June 2016, a large portion of Cashaa’s users had been based in India, which for the past years had a difficult relationship with cryptocurrency. дальше »
2019-10-22 12:47 | |
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Indian Finance Minister on Cryptocurrencies: Extreme Caution Before Moving Forward
Several countries have cautioned against rushing into cryptocurrencies, said Indian Finance Minister Nirmala Sitharaman on Sunday. “On our side, the Reserve Bank Governor spoke about it during our turn to intervene. дальше »
2019-10-21 16:05 | |
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Indian Finance Minister Answers Crypto Questions at IMF Meeting
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. дальше »
2019-10-21 13:15 | |
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Indian Finance Minister: Many countries caution against rushing into cryptocurrencies
According to a recent report, Indian Minister of Finance and Corporate Affairs, Nirmala Sitharaman said that many countries had advised against rushing into cryptocurrency while addressing questions on Facebook’s Libra during the annual meeting of the International Monetary Fund and the World Bank. дальше »
2019-10-20 09:22 | |
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Indian Supreme Court Postpones Crypto Case to November
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. дальше »
2019-10-15 11:30 | |
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Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed
The Supreme Court of India has set a new date to resume hearing the arguments against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. дальше »
2019-10-16 11:30 | |
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A bug in Indian local search app exposed over 156 million accounts
A major flaw in an Indian local search app, Justdial, allowed hackers to log in to any of its 156 million users accounts. Apart from accessing user information such as names, phone numbers, and email addresses, the vulnerability allowed them to peek into financial details including balance and transactions of an account through JustDial Pay, the company’s payment service. дальше »
2019-10-10 08:44 | |
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Unicef Launches Cryptocurrency Fund
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. дальше »
2019-10-10 19:48 | |
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United Nations Agency Unicef Launches Cryptocurrency Fund
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. дальше »
2019-10-9 19:48 | |
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UAE Capital Looks To Place Land Registry on SmartHub Blockchain Solution
The United Arab Emirates' capital is looking to put its land records on a blockchain platform. It is according to a press release that featured on The Block on Monday. The government agency that is responsible for the development strategy of Abu Dhabi, Department of Urban Planning and Municipalities, has joined hands with an Indian […] дальше »
2019-10-8 19:14 | |
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Indian Supreme Court Sets Date to Hear Crypto Case Next Week
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. дальше »
2019-10-7 13:05 | |
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Indian Supreme Court to Hear Crypto Case Next Week
The Supreme Court of India has confirmed a new date to hear the crypto case after multiple delays. During the last hearing, the court directed the Reserve Bank of India (RBI) to reply to crypto exchanges’ representation within two weeks, which the central bank has done. дальше »
2019-10-7 13:05 | |
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Bitcoin Solves This: Hong Kong ATMs Out Of Cash And Panic Over Indian Banks
Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing. дальше »
2019-10-7 11:30 | |
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$1.2M seized from Bitcoin Ponzi stuck in frozen Indian bank account
Authorities in India have found themselves in a crypto-conundrum: they can’t access cryptocurrency seized from a Ponzi scheme because such transfers have been prohibited, reports Times of India. дальше »
2019-10-4 15:12 | |
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Indian high court orders Facebook to name activists behind #MeToo testimonial account
One year ago in India’s capital, New Delhi, the #MeToo movement started to pick up pace as hundreds of sexual harassment and abuse survivors anonymously shared their experiences online. Many of these testimonials were published by anonymous social media accounts to protect survivors’ identity, and safely raise awareness of the realities of sexual assault in India. дальше »
2019-10-4 12:41 | |
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Bithumb Global Plans to Lobby Indian Government for a Regulated Cryptocurrency Exchange
India is the first country to propose going as far as passing legislation to ban the use and custody of cryptocurrencies. In an attempt to open the Indian government’s eyes to the potential of public ledger cryptocurrencies, Bithumb has set out to launch a regulated exchange in India, as per the Economic Times, October 3, 2019. дальше »
2019-10-4 09:00 | |
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RBI Ban Stops Indian Police From Cashing Out Seized Crypto
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8. дальше »
2019-10-4 06:10 | |
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Indian Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law
The police of Pune, India, can’t transfer $1.2 million in seized crypto due to India’s anti-cryptocurrency laws
дальше »2019-10-4 02:21 | |
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Indian Crypto Ban Sees State Funds Seized in Bitcoin Scam Frozen in Bank Account
The authorities in India appear to have fallen victim to their own anti-crypto regulations. Money seized from a convicted Bitcoin scammer is currently sitting trapped in a frozen State Bank of India of bank account. дальше »
2019-10-4 23:00 | |
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Korea’s Biggest Bitcoin Exchange Embarks on a Major Challenge – India
Bithumb, South Korea’s largest bitcoin exchange alongside UPbit, is trying to convince the government of India to allow cryptocurrency trading. Javier Sim, co-founder and managing director of Bithumb, said that the company is planning to expand into the Indian cryptocurrency market through local partnerships, funding cryptocurrency startups in the region. дальше »
2019-10-3 11:04 | |
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Bithumb To Enter Indian Bitcoin Market, Set for Talks with Govt Regulators
South Korean bitcoin exchange giant Bithumb is seeking to enter the Indian market with talks lined up with relevant government agencies about the matter. Bithumb Set to Partner with Indian Bitcoin Exchanges According to The Economic Times of India, Bithumb wants to partner with local bitcoin exchanges in the country in setting up a regulated platform. дальше »
2019-10-3 10:59 | |
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Bithumb Global announces plans to expand in India despite regulatory hurdles
While India awaits the Supreme Court’s decision over the Reserve Bank of India’s banking ban, South Korean Bithumb Global has been planning to expand on Indian shores. The South Korean exchange will be building a regulated exchange in the country, according to reports. дальше »
2019-10-3 09:30 | |
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Protests Led RBI to Raise Bank’s Withdrawal Limit
Heavy protests by bank customers have led the Reserve Bank of India to modify its restrictions placed on a cooperative bank with 137 branches across India. The central bank had, among others, limited customer withdrawals to 1,000 rupees (approximately $14) per account for six months. дальше »
2019-9-27 05:52 | |
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