2020-6-9 19:14 |
Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way.
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The RBI’s response follows several complaints that some banks were refusing to offer banking services to crypto exchanges and related businesses The Reserve Bank of India (RBI) has clarified that it doesn’t prohibit banks and other financial services providers in the country from dealing with, or providing, bank account services to cryptocurrency exchanges.
2020-5-27 19:59 | |
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India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news. Bitcoin. com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown.
2020-5-7 11:15 | |
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While American markets struggle, CoinDCX, an Indian cryptocurrency exchange, has raised $3 million in a Series A funding round via several top US investors. The round was led by Polychain,...The post With Markets Dying, US Investors Turn to India for Crypto Profits appeared first on Crypto Briefing.
2020-3-25 16:44 | |
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The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations.
2020-3-10 05:00 | |
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Following the ruling by the supreme court in India that upturned the Reserve Bank of India (RBI) ban on cryptocurrency trading, high hope has returned to the cryptocurrency space. Prices of cryptocurrencies are already showing positive signs of the impact of the several million Indians getting back online as crypto exchanges resume trading with commercial […]
2020-3-8 21:16 | |
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Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair when it re-launches in India.
2020-2-27 16:45 | |
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Malta-based Binance and India's WazirX have undergone several developments together over the past few months. Soon after one of the world's largest crypto-exchanges announced the acquisition of the InThe post Binance announces integration of India-based WazirX's P2P platform appeared first on AMBCrypto.
2020-2-8 09:40 | |
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In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar.
2020-1-7 17:00 | |
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In this roundup, we cover several crypto-related actions by the U. S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar.
2020-1-7 17:00 | |
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Indian economy has been surfing troubled waters for quite some time. Several proposals have been made by economists and taxpayers across the country to resolve the situation. The Indian government, alThe post Ethereum Godfather: Blockchain and India fit well together appeared first on AMBCrypto.
2019-12-23 22:30 | |
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In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space.
2019-12-16 18:20 | |
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In this regulatory roundup, we cover the U. S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U. S. government toward crypto regulation.
2019-12-9 16:35 | |
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The Government of India has announced a framework to support the development and integration of blockchain technology (The National Level Blockchain Framework). Blockchain will be used in several sectors of the Indian economy.
2019-11-29 13:27 | |
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With the Supreme Court of India postponing the crypto hearing, the Indian crypto community is calling for better protection when trading on P2P platforms. Several top crypto exchanges in the country have shared their processes and policies they have implemented to protect their P2P platform users.
2019-11-23 09:58 | |
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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.
2019-10-23 11:00 | |
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The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their savings.
2019-10-6 10:05 | |
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The ‘IAMAI v. RBI’ case took an unexpected turn after the Supreme Court was met with several arguments from the petitioners’ end about the RBI’s jurisdiction, where the petitioner presented the court with the exchanges’ plea, asking a reconsideration of the ban.
2019-8-21 13:28 | |
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For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency.
2019-7-29 20:01 | |
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The Inter-Ministerial Committee (IMC) released a report and a draft bill proposing a total ban on cryptocurrency and the harsh measures to be taken on any Indian citizen who holds, sells or buys cryptocurrency.
2019-7-23 09:22 | |
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Cryptokart, an India-based cryptocurrency exchange is now among several other bitcoin trading venues in the South Asian country that have closed their doors due to regulatory uncertainties and lack of interest on the part of consumers, reports New Indian Express on July 20, 2019.
2019-7-22 09:00 | |
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In a letter to shareholders, Netflix‘s CEO, Reed Hastings, confirmed today that the company will launch a cheaper mobile-only subscription plan in India soon. In March, Netflix affirmed it’s testing a $3.
2019-7-18 08:52 | |
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A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements.
2019-7-11 08:30 | |
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8 July, 2019: Recently there were several articles over the media about a Ponzi Scheme called KBC, named after India’s popular Kaun Banega Crorepati (KBC) TV game show). This has nothing to do with our coin, project or our team and the whole case happened in India as reported by crowdfundinsider.
2019-7-9 17:40 | |
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High-ranking police officers in India will receive cryptocurrency training to help with investigations involving digital currency. The country’s national police academy – the Sardar Vallabhbhai Patel National Police Academy (SVP NPA) – has launched an educational course to help officers gain an understanding of how cryptocurrencies and blockchain technology work.
2019-7-8 13:52 | |
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Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country.
2019-6-26 00:01 | |
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Working for TNW is awesome, but, sadly, they don’t have an office in India. So I work from home, cafes, or coworking spaces. That means there’s a lot of noise around me And while I prefer Bluetooth earbuds like OnePlus’s Bullet Wireless, I often think it’d be nice to have a pair of noise-canceling cans.
2019-6-24 15:49 | |
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It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]
2019-6-17 16:53 | |
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June 6th, 2019, Andhra Pradesh, India – India’s leading blockchain company, Zebi, has created a globally innovative big data platform that showcases the real-world applications of blockchain and encryption technologies.
2019-6-12 06:24 | |
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Tone Vays Calls Out India’s Consideration For Harsh Bitcoin Laws Despite Tone Vays using legitimate news sources to back up his claims, several social media users are still calling “fake news” on his latest Tweet: “India Considering 10 Years in Prison for doing anything related to #Bitcoin – And NOW it Begins… If a western […]
2019-6-7 22:47 | |
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After a report suggested that several government departments had backed a complete ban on the “sale, purchase and issuance of all types of cryptocurrency" in India, the RBI issued a statement claiming to have had no involvement in the proposed law.
2019-6-7 19:32 | |
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Despite talk of India leading the tech revolution and the ‘Digital India’ campaign, the present government remains hesitant about embracing cryptospace. Consequentially, several crypto-businesses have either tasted the dust or found shelter in crypto-friendly countries such as Australia.
2019-6-5 16:00 | |
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India has been making headlines recently after the world’s largest democracy announced the formation of a committee for pursuing the “Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019.
2019-5-8 18:30 | |
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Several government entities in India have begun talks about drafting a bill to outlaw the purchase, sale, and trade of cryptocurrency in the country and strictly regulate government-approved digital currencies.
2019-4-27 18:14 | |
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India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments.
2019-4-26 12:49 | |
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In Malaysia, the blockchain-city of Melaka Straits City will be built. It is stated that this will be the further development of the smart city concept, which has already been partially implemented in several cities in China and India, as well as in Amsterdam, Stockholm, Singapore, Dubai and others. But in fact, a blockchain-Disneyland will […]
2019-4-25 18:07 | |
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A crypto-focused television talk show is launching in India this month. Several crypto-related issues will be discussed on the show, both about India and abroad, including the “burning issue” of Indian regulation.
2019-4-9 10:25 | |
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Many cryptocurrency exchanges in India offer some kind of peer-to-peer (P2P) trading. News. Bitcoin. com talked to several of them to find out what is unique about each platform, most of which were launched in response to the banking restriction imposed by the country’s central bank.
2019-4-5 09:56 | |
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The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them.
2019-3-31 10:58 | |
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The inaction of India’s supreme court to end the prolonged banking restriction has forced another cryptocurrency exchange to shut down. The exchange has given its users 30 days to withdraw funds at increased fees, prompting several other exchanges to offer to refund these fees for customers switching to them.
2019-3-31 10:58 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways crypto enthusiasts in India can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular […] The post How to Help Influence Crypto Regulation in India appeared first on Bitcoin News.
2019-3-26 13:45 | |
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Tencent’s popular battle royale game PlayerUnknown’s Battlegrounds (PUBG) is under fire in India after reportedly causing deaths in multiple instances. Some Indian cities have banned the game for a certain period, and several people are asking the government to outlaw it.
2019-3-22 15:39 | |
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A community roadshow has been uniting crypto enthusiasts in several cities in India to share their ideas on the country’s crypto regulation. “The best ones will be included in the report to be submitted to the decision makers amongst the government,” the organizer of the events explained.
2019-3-16 11:10 | |
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Facebook and Instagram might be up for people around the world after a long outage, but for several people in India are not being able to access Reddit. However, that’s not because of a server outage.
2019-3-14 17:23 | |
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I’m sorry to report that the headline isn’t a weak attempt at humor: according to The Times of India, the west Indian city of Rajkot has seen at least 10 students arrested by local police for playing the popular Battle Royale game, Playerunknown’s Battlegrounds (PUBG), after it was banned in several districts in the state of Gujarat last week.
2019-3-14 14:37 | |
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Several Indian crypto exchanges have shared data with news. Bitcoin. com on the most traded cryptocurrencies on their platforms so far this year. Crypto enthusiasts in India have been buying and selling a wide range of cryptocurrencies despite the central bank’s roadblock which stops crypto exchanges from accessing banking services.
2019-3-9 06:10 | |
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On March 6th, the US Federal Bureau of Investigation (FBI) arrested OneCoin ringleader Konstantin Ignatov at Los Angeles International Airport (LAX). The government alleges that he was one of several masterminds behind the multi-billion dollar crypto pyramid scheme.
2019-3-9 04:30 | |
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India is currently moving towards unclear and clueless Bitcoin (BTC) and cryptocurrency regulations. Although there are several ways to regulate digital currencies, India seems not to have a clear path about what they want to achieve.
2019-3-8 19:49 | |
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Google just released a new Android app called Bolo (‘speak’ in Hindi) that’s designed to help children learn Hindi and English. It works completely offline, making it ideal for use in rural areas with poor mobile connectivity, and comes with a friendly voice assistant to guide kids through the included lessons aimed at primary grade students.
2019-3-6 10:40 | |
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Demand for skilled professionals in the crypto space has been steadily rising, according to new data that ranks cities in India based on the number of jobs in the cryptocurrency field. Some cities such as Mumbai dropped several places from last year’s ranking while a couple of others are new to the list.
2019-2-27 12:22 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.