2022-2-11 16:57 |
The EU should impose a blanket ban on cryptocurrencies, says the governor of Hungary's central bank origin »
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The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI).
2020-6-12 13:45 | |
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Since July 2018, domestic commercial banks in India were prohibited by the Reserve Bank of India (RBI) from servicing cryptocurrency exchanges and all other businesses dealing with virtual currencies due to a circular that the Central Bank had released.
2020-6-12 13:37 | |
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Bitcoin (BTC) trading in India is experiencing a resurgence since the Supreme Court’s decision to nullify the central bank’s 2018 crypto ban. However, insiders say the lack of regulatory clarity is still posing hurdles for virtual currency commerce in the country.
2020-5-29 00:00 | |
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India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies.
2020-5-27 13:15 | |
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A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis.
2020-5-24 21:30 | |
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This week, Central banks got recommendations to heavily regulate, if not ban, stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This organization makes recommendations about financial systems to central banks and finance ministers of G20 member countries.
2020-4-19 21:51 | |
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Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to heavily regulate or even ban them, the Crypto market now faces its biggest threat yet.
2020-4-16 16:21 | |
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A business owner has posted a YouTube video asserting that Western Union inexplicably banned him for life as a result of his dealings in central Africa. Bitcoin fixes this. Ban Comes Without Explanation In the video Ben Taylor, a.
2020-4-5 21:34 | |
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The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either.
2020-3-18 16:15 | |
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Binance and WazirX plan to donate up to $50 million to Indian blockchain startups after the Supreme Court lifted a central bank ban on financial services for these firms.
2020-3-17 07:00 | |
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The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […]
2020-3-17 20:08 | |
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Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions.
2020-3-15 10:32 | |
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India's supreme court lifted the two-year cryptocurrency ban last week, quashing an April 2018 order by the country's central bank that prohibited financial institutions from providing services "in relation to virtual currencies."
2020-3-10 20:00 | |
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The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.
2020-3-7 16:26 | |
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On 4 March, the Supreme Court of India ruled that the ban imposed by the country's central bank, the Reserve Bank of India [RBI], on banks working with cryptocurrency service providers was "unconstituThe post India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence appeared first on AMBCrypto.
2020-3-5 17:30 | |
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Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general.
2020-3-6 16:14 | |
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Indian Supreme Court’s decision to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country.
2020-3-4 21:06 | |
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India is perhaps free afterall as a clash between central bankers and the elected ended in favor of the crypto industry. The three judges of the Supreme Court of India... The post Supreme Court of India Quashes Bitcoin Ban in an Historic Decision appeared first on Trustnodes.
2020-3-5 18:56 | |
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After many months of uncertainty, Indian cryptocurrency investors can finally breathe a huge sigh of relief as the Indian Supreme Court has struck down the Reserve Bank of India’s banking ban for cryptocurrency entities in the country.
2020-3-4 10:43 | |
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The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions by crypto exchanges and startups that opposed the […]
2020-3-4 09:56 | |
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The Supreme Court of India on 4 March announced its Judgment in the 'Crypto v. RBI'case. The apex court has deemed the banking ban levied by the central bank of India as unconstitutional. Crypto KanoThe post India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional' appeared first on AMBCrypto.
2020-3-4 09:18 | |
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There is finally some good news out of India today as reports are emerging that the Supreme Court has quashed a curb on crypto trading. Crypto Trading Legal in India According to local news outlet the Economic Times, India’s Supreme Court has nullified a curb on crypto trading.
2020-3-4 09:02 | |
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A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional.
2020-3-4 08:49 | |
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Recent reports have made it clear that central governments, presently, are not thinking about stablecoins as an option. If anything, they are planning to ban them altogether, fearing that stablecoins The post Facebook's Libra has potential; must re-work design, proposal: JP Morgan appeared first on AMBCrypto.
2020-2-22 20:30 | |
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Singapore’s Zebpay crypto trading platform reopens to Indian customers despite central bank crypto ban
2020-2-1 01:28 | |
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Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including a crypto-to-crypto exchange and a way […] The post Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban appeared first on Bitcoin News.
2020-1-30 16:00 | |
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China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation.
2020-1-28 07:00 | |
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The Reserve Bank of India (RBI) says citizens do not need cryptos as the country’s mainstream financial framework already has working solutions for cross-border remittances. The Indian central bank also clarified the legal situation of cryptocurrencies in the country, stating that there is no ban on virtual currencies.
2020-1-23 20:00 | |
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India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance, and less invasive crypto measures.
2020-1-18 10:35 | |
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India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside its jurisdiction and power in placing a banking restriction on […] The post Indian Supreme Court Resumes Hearing Crypto Case in Detail appeared first on Bitcoin News.
2020-1-16 18:05 | |
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The country’s Supreme Court has postponed the consideration of the appeal in the case of compliance with the country’s constitution of a law banning the cooperation of financial institutions with cryptocurrency companies.
2020-1-15 21:45 | |
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Chinese President Xi Jinping’s call for blockchain adoption really has everyone optimistic that the Chinese central government might also look to regulate crypto trading. However, those hopes came crashing down as the news of the crackdown on crypto service providers in China followed just a few days after the President’s much-talked Blockchain adoption speech. Peckshield, […]
2020-1-13 17:48 | |
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India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets.
2019-7-27 13:13 | |
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The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them.
2019-7-23 16:00 | |
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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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India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency.
2019-7-16 19:00 | |
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Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months.
2019-7-11 13:00 | |
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Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex.
2019-6-27 12:11 | |
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By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.
2019-6-17 12:23 | |
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The Vancouver Police Department recently cited the lack of a central authority, and trouble with money laundering, as reasons the city should abandon its 76 bitcoin ATMs, prompting Mayor Kennedy Stewart to propose a city-wide ban.
2019-6-8 00:31 | |
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India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies.
2019-6-6 11:10 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.
2019-5-30 00:30 | |
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According to a report by Egypt Independent published on May 28, 2019, a new banking law drafted for the Central Bank of Egypt (CBE) would make it illegal to form or operate a crypto-based business without obtaining the mandatory licenses in advance.
2019-5-29 13:00 | |
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Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home.
2019-5-8 21:00 | |
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Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely.
2019-4-26 12:00 | |
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A week-long ban of popular social video creation app TikTok in India has been reversed, according to a report by Reuters, citing two lawyers involved in the case. The Android and iOS apps, however, are yet to return to Apple and Google’s app stores.
2019-4-25 15:02 | |
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China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC.
2019-4-9 16:19 | |
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Yesterday, the Madras High Court, situated in the southern Indian city of Chennai, directed the country’s central government to ban TiKTok, the popular video creation app from Chinese giant Bytedance.
2019-4-4 14:56 | |
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