2020-6-22 18:56 |
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships.
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After a long crypto ban in India and a legal battle between crypto entrepreneurs and the RBI, the latter has given in and promised to allow startups to get back to work
2020-5-26 12:12 | |
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Tim Draper plans to back local startups now the Indian supreme court has overturned a ban on financial services for crypto companies.
2020-3-24 15:16 | |
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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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The three-judge bench of the Supreme Court of India reconvened today to hear the 'Crypto v. RBI' case after the last hearing took place way back in August 2019. At the previous hearing, there were argThe post India: RBI doesn't want blockchain to undermine faith, trust in digital payments appeared first on AMBCrypto.
2020-1-15 12:58 | |
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Facebook's Libra has been in a tough spot since its inception. Though conceptualization was way back in July 2018, David Marcus and his team have faced constant pushbacks from policymakers and regulatThe post Libra can 'improve India's financial inclusion for the unbanked' appeared first on AMBCrypto.
2019-12-28 23:30 | |
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Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it as the central bank and regulators procrastinated with the new technology and stifled further innovation.
2019-12-9 12:30 | |
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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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The World Gold Council hit back at the high-profile Drop Gold campaign, arguing investors see crypto as risky and speculative. But do the figures support that assertion? The council released the results of a survey of 18,000 people in India, China, the U.
2019-11-17 19:51 | |
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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.
2019-11-12 05:35 | |
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India “going back to old ways” with crypto ban, says Draper
2019-11-6 10:56 | |
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As the government of India slowly moves more and more against Cryptocurrencies as a whole, an unexpected problem popped up for the city of Pune’s police department. They found themselves unable to transfer over 85 million rupees ($1.
2019-10-4 17:01 | |
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Being too tough on innovation can be a cause for brain drain. At least that is what some crypto specialists in India believe right now. As the government continues its plans to ban cryptocurrencies locally, India is starting to see its first big signs of brain drain happening in the country. A complete blanket ban […]
2019-9-17 23:11 | |
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Indian economy is going through a rough phase and the unemployment rate is at 45-year high while its yearly growth rate is taking a back seat. From being one of the fastest-growing economies in the world to the present situation where economists are concerned if immediate measures are not put in place, India might see […] The post Crypto regulation can create over 20,000 direct jobs and billions in revenue in India appeared first on AMBCrypto.
2019-9-8 17:30 | |
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Cryptocurrency markets are bleak leading into Wednesday, August 21. Bitcoin has reversed all of its hard-fought gains since the start of the week, falling back below the $10,000 mark. The overall market is also seeing strong losses, most notably ETH, which has fallen back to its weekend price.
2019-8-22 19:40 | |
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American venture capital investor, Tim Draper, has commented on India’s proposed bitcoin and crypto ban stating that it will set the nation back 40 years. Death Knell For Bitcoin and Crypto in India India has clearly taken a leaf out of China’s book with its draconian attitude towards crypto assets.
2019-7-26 14:02 | |
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While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies.
2019-7-23 17:30 | |
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After last year’s Poco F1, Xiaomi is once again gunning for the top spot in the affordable premium smartphone ($400-$700) segment in India – which is currently held by OnePlus. It’s hitting back with the new Redmi K20 Pro, which features top-of-the-line specs, a pop-up selfie camera, a rear triple-camera set up, and a competitive price: Rs 27,999 ($406).
2019-7-17 14:13 | |
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The much anticipated and prolonged draft bill for cryptocurrency in India got leaked in full. The bill proposes a complete blanket ban on the use of cryptocurrency in any form. This has really saddened the crypto community back in India who were expecting and hoping for a progressive call from the central government, especially after […]
2019-7-16 19:15 | |
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That didn’t take long – from India, to the US and Europe, regulators are pushing back against Facebook’s Libra cryptocurrency plans. Within a heartbeat of the Libra cryptocurrency announcement, the world’s regulators began signalling: hey.
2019-6-20 14:22 | |
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Unlike its case with WhatsApp and Instagram, Facebook now decides to back a startup that already has other major investors
2019-6-13 16:16 | |
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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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The world of cryptocurrencies hit a roadblock in India with the country’s Supreme Court mulling over a set of regulations that will decide the fate of digital currencies. This indecision has affected the operations of cryptocurrency entities in India as well, with Koinex, a popular Indian cryptocurrency exchange, coming under fire for mismanagement of assets.
2019-5-30 21:00 | |
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By CCN: Following the conclusion of India’s parliamentary elections, the ruling Bharatiya Janata Party (BJP) headed by Prime Minister Narendra Modi secured a clear victory that many analysts have seen as a ringing endorsement of Modi’s policy direction over the past few years.
2019-5-26 16:30 | |
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By CCN: India’s benchmark index the Bombay Stock Exchange Sensex crossed the 40,000 mark for the first time ever after the early Lower House election results showed that the political coalition led by Prime Minister Narendra Modi, National Democratic Alliance, is headed back to power with an even larger mandate.
2019-5-23 15:14 | |
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By CCN. com: Pakistan’s military spokesman has warned India that any threat will be met with the full force of its nuclear arsenal. In a press conference on Monday, Major General Asif Ghafoor hit back against Indian prime minister Narendra Modi who recently threatened Pakistan with the “mother of all nuclear bombs”: “In your rhetoric, you keep using nuclear power as a threat… Nuclear powers are not a threat, they are a weapon of deterrence that should not be mentioned lightly…Do not test our resolve.
2019-4-30 13:30 | |
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By CCN. com: As India and Pakistan continue to throw nuclear threats back and forth, a senior Indian government official tasked with diplomacy in external affairs has dampened any hopes for peace between the two nations.
2019-4-29 14:31 | |
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In March this year, Google started rolling out an alpha version of its AR-based navigation feature to a small number of Maps users in select cities. It looked like an awesome solution for travelers and people walking to unfamiliar destinations in bustling towns.
2019-3-25 15:45 | |
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A few weeks ago, we explained how you can save space on your phone by using Google Photos to back up your pictures. Now, Google has introduced a new backup option in Android that lets you compress photos to the size of a 3-megapixel image; the new feature is called Express back up, and it appears it’s solely available in India for the time being.
2019-3-19 16:55 | |
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When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then.
2019-3-7 13:35 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos.
2019-2-26 11:59 | |
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QuadrigaCX, a cryptocurrency exchange in Canada says it’s unable to pay most of $262 million in holdings back to clients as its founder, Gerald Cotten, died in India unexpectedly in December 2018.
2019-2-4 19:04 | |
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India, the land of one of the oldest civilizations, has existed for thousands of years. To survive for so long, one needs great tenacity and a certain acceptance of fate. There is also an ability that is colloquially known as ‘jugaad,' the closest English equivalent is a hack. So when Banks in India started to […]
2019-1-17 20:01 | |
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After playing second fiddle to Chinese rival Xiaomi in India’s burgeoning smartphone market in 2018, Samsung is set to fight back with a new line of budget-friendly handsets. The company will introduce a new M-series of phones on January 28 in India.
2019-1-14 09:31 | |
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We’re just over a week into 2019, and alleged renders of the next iPhone have already leaked. Tipster OnLeaks and Digit India published a bunch of renders yesterday of what might be the iPhone XI, which you can see above and below.
2019-1-7 11:43 | |
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According to the Indian news outlet the Hindu Business Line, the Reserve Bank of India (RBI) is pausing its plans to create a national cryptocurrency. Back in 2018, the central bank of India announced that it was analyzing the possibility of launching a central bank digital currency (CBDC). At that time, the bank created a […]
2019-1-2 17:44 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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India’s long-running saga regarding the legality of cryptocurrency is likely to see a lifting of the current ban in 2019. Indian Flip Flops Reports suggest the Gov’t formed committee debating the matter are in favor of legalization, although with strong regulations.
2018-12-27 16:00 | |
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News reaching Ethereum World News indicate that facebook is developing a stablecoin to let users transfer money on its WhatsApp messaging App (Whatsapp was acquired by facebook back in 2014). The team at facebook will first focus on the market in India with this new concept and service.
2018-12-21 12:01 | |
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A do-not-disturb app from India’s telecom regulator has finally made it to Apple’s App Store. The Telecom Regulatory Authority of India (TRAI) has been fighting with the Cupertino-based company over the app for months.
2018-11-30 21:26 | |
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India has taken its first step in microprocessor development thanks to a research team of Indian Institute of Technology-Madras (IIT-M). The researchers have built the country’s first native microprocessor, ‘Shakti.
2018-11-2 15:57 | |
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Last week, the Indian government asked telcos to ban 827 porn websites, and judging by what users are reporting it seems they’re actually putting the ban into effect. However, Indians aren’t giving up and users are finding easy ways to circumvent the major porn block.
2018-10-31 16:12 | |
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The Supreme Court of India has formally set a deadline of two weeks for the government to officially clarify its position on cryptocurrencies. Urging for Clarity After having delayed its decision multiple times, the Supreme Court of India has urged the country’s government to provide its clear and official stance on the matter of cryptocurrencies.
2018-10-27 05:00 | |
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The Indian government is reviving its efforts in its war on pornography this week by ordering telecom companies and ISPs to ban 827 adult sites from their networks. This directive follows an order from the Uttarakhand High Court, which found 857 sites to contain adult content – similar to an order issued back in 2015.
2018-10-26 12:49 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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A growing number of crypto exchanges in India have announced the return of fiat deposit and withdrawal support despite the crypto banking ban imposed by the country’s central bank. Several other exchanges in the country also allow their users to use Indian rupees to buy and cash out cryptocurrencies through their exchange-escrow peer-to-peer (P2P) services.
2018-9-17 23:28 | |
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Law enforcement authorities in New Delhi will file charges on Monday in the Coinsecure hack case. Coinsecure was a large cryptocurrency exchange allegedly wallet-hacked back in April of this year.
2018-9-10 01:55 | |
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The Reserve Bank of India’s decision to crack down on the emerging crypto space may have been having the unintended effect of pushing digital currencies back into the underground. Ban Creating a Black Market? On August 29, 2018, the RBI released its annual report, which stated that there was a need to keep track of digital currencies in order to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-3 18:00 | |
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The cryptocurrency markets are consolidating today, following BTC’s recent break above the major descending trendline dating back to December’s all-time highs and subsequent rally to approximately $7,150 USD.
2018-8-30 14:55 | |
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The global cryptocurrency market capitalization has recorded an impressive momentum after the U.S. Consumer Price Index (CPI) report was released. Notably, the US CPI for April increased by 3.4% over the past year, crypto.news reported. In March, the CPI reached…
In a remarkable turn of events, Bitcoin (BTC) has broken out of its recent trading range, recording a 7% surge in the past 24 hours alone. The cryptocurrency tests the $66,000 resistance level, setting the stage for a potential move toward higher targets.
ArcBlock’s native token, ABT, has seen a significant surge in its market value, with a 26% rise over the last 24 hours, pushing the token to a new all-time high of $3.92. The latest surge in trading volume, which reached $31.8…
European crypto asset manager CoinShares has revealed that its revenue in Q1 increased by 216% since last year, with total comprehensive income increased by elevenfold. CoinShares, a European digital asset manager and crypto research firm, saw its “strongest quarter ever”…
Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into…
The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…
An NFT trader recently lost over $145,000 worth of Bored Ape Yacht Club (BAYC) collectibles to a phishing attack amid the growing rate of scam schemes that have plagued the cryptocurrencyo scene. On-chain security platform PeckShield brought attention to the…