Breaking: India Refutes Private Crypto Ban

2021-11-30 17:04

Subhash Garg, India's former finance secretary: "To claim that private cryptocurrencies will be banned is misleading"

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private india → Ðåçóëüòàòîâ: 83


India To Criminalize Private Crypto Ownership Despite Community Outcry

According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide.

2021-3-15 19:40


Ôîòî:

Yes Bank Disaster Underscores India’s Need for Digital Currencies

India’s financial sector has been experiencing a fair amount of trouble lately, as the private bank, Yes Bank, suffers from $2.5 billion in unpaid loans. The country’s officials have introduced measures to curtail negative effects on the market stemming from local and global incidents, but a better solution would be to introduce digital assets, for […] The post Yes Bank Disaster Underscores India’s Need for Digital Currencies appeared first on BeInCrypto.

2020-3-16 16:10


RBI Governor Rules Out Private Digital Currencies But Discussion Underway For A Centralized One

India's Central Bank, the Reserve Bank of India (RBI) governor has ruled out the private digital currencies like Libra, asserting government's right over this function. Saktikante Das told reporters on Tuesday: “The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to […]

2019-12-6 18:28


Defunct Crypto Exchange QuadrigaCX Headlines Continue; Canadian Revenue Agency Begin’s Tax Audit

A new authority joins the investigative search on Quadriga CX, bankrupt digital asset exchange that lost over $190 million USD of customer’s funds. Ever since the Quadriga CX case broke out, whereby the Canadian digital asset exchange CEO, Gerald Cotton, reportedly died in India taking to the grave the private keys of users’ funds, a […]

2019-9-17 17:18


Ôîòî:

World’s Largest Private Telecom Company Set to Launch Data Management Blockchain, Partners with Microsoft

Reliance Jio, which recently became the largest private telecom company in India and the world, has announced the launch of a proprietary blockchain solution built to improve customer data privacy. In the report by ET Telecom, August 12, 2019, Reliance executive chairman Mukesh Ambani, spoke of the imminent transformation of Jio into a technology companyRead MoreRead More.

2019-8-13 21:00


India’s Inter-Ministerial Committee recommends ban on private cryptocurrencies

While most countries have remained uncertain about cryptocurrencies and crypto-adoption, India perhaps leads the race in terms of keeping its citizens in the gray. With Right to Information (RTI) requests going vaguely answered and strange rumours about a ban floating around, India’s Ministry of Finance has now openly addressed the ongoing crypto-confusion.

2019-7-22 16:42


Ôîòî:

China and India Are not Comfortable with Libra, Need More Information and Clarity

China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019.

2019-7-10 11:00


India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions

One of India’s leading private banks, the Housing Development Financial Corporation (HDFC), is reportedly sending users whose banking transactions… The post India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions appeared first on Invest In Blockchain.

2019-4-29 12:12