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How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »

2019-1-16 08:25


Two Major Banks in India, Digibank and Kotak, Close Customer Accounts for Bitcoin Associations

India’s crypto industry is having a hard time since 2018. You have probably heard all about it. Last year, the Reserve Bank of India (RBI) has banned all banks from offering accounts to crypto companies in which was known as the Indian Crypto Ban in the industry. However, things, which looked like they could be […] дальше »

2019-1-15 22:11


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Индийские банки вынуждают клиентов держаться подальше от криптовалют

Крупные индийские банки берут с клиентов обязательства не участвовать в транзакциях, связанных с торговлей криптовалютами, угрожая блокировкой счета без предупреждения. Пользователь Twitter под ником Indian CryptoGirl опубликовала скриншот требования одного из крупнейших банков страны — Kotak Mahindra Bank — при открытии счета. дальше »

2019-1-11 16:29


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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. дальше »

2019-1-11 11:00


Reports Say Reserve Bank of India (RBI) is Postponing Plans for a National Cryptocurrency

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 […] дальше »

2019-1-2 17:44


Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »

2018-11-1 22:37


Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. дальше »

2018-10-26 08:40


Dysfunctional Indian Supreme Court Keeps Adjourning the Crypto Case, Will it Ever Be Heard?

India’s crypto industry was on edge this September 10th as they awaited a potentially historic decision by the Supreme Court on a banking crypto ban by India’s Central Bank. The... The post Dysfunctional Indian Supreme Court Keeps Adjourning the Crypto Case, Will it Ever Be Heard? appeared first on Trustnodes. дальше »

2018-10-3 16:51