Crypto / INDIA (India Coin)
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Elections, fake news, and spam: WhatsApp has a tough year ahead in India next year
In India, most people won’t ask you for a business card to get your contact info. Instead, they’ll ask you if you use WhatsApp. Your neighborhood grocer will accept orders for home delivering your weekly shopping list through the app. дальше »
2019-1-3 18:00
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Reserve Bank of India Shelves State-Backed Cryptocurrency
The Reserve Bank of India has shelved its plan to launch a state-backed cryptocurrency amidst increased government pressure and concerns around money laundering. Indian Government Still Cautious About Cryptocurrencies It seems that regulatory clarity has evaded the crypto community in India, yet again. дальше »
2019-1-3 05:52
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India in No Hurry to Regulate Cryptos, Blames Global Regulatory Uncertainty
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. дальше »
2019-1-1 16:35
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India Likely to Legalize Cryptocurrencies Under Strong Regulations
CoinSpeaker India Likely to Legalize Cryptocurrencies Under Strong Regulations India is likely to soften its stand on cryptocurrencies while giving them legal status but under strict regulatory measures. дальше »
2018-12-28 16:36
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India May Legalize Bitcoin Under “Strong” Rules
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. дальше »
2018-12-28 02:16
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India Reportedly Legalizing Cryptocurrencies Under “Tough” Ruling
According to a report via the New India Express, the Indian government is looking into legalizing cryptocurrencies. However, this would be under fairly strict rulings, as the country’s investigative cryptocurrency committee doesn’t want to ban digital assets outright, but recognizes they must still be regulated. дальше »
2018-12-28 23:40
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Bitcoin Could Soon Become Legal in India
Owning and using Bitcoin could soon become allowed in India, as the second interdisciplinary committee appointed to vote on the legality of cryptocurrencies is in favor of legalizing it, the New Indian Express reported on December 26, 2018. дальше »
2018-12-27 12:00
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Report: India Evaluating Cryptocurrency Legalization Under Strong Regulation
The committee charged with providing recommendations for the regulatory framework surrounding cryptocurrencies in India is reportedly evaluating the legalization of the asset class under strong regulation. дальше »
2018-12-27 05:55
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India Exposes all Computers to 24/7 Governmental Scrutiny Without a Warrant
Technology and law enforcement are usually on opposite ends of a divide. While governments want to analyze as much consumer data as possible, very few people are effectively willing to go along with that plan. дальше »
2018-12-27 20:39
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Bitcoin Worth $1.8 Million Confiscated From Suspected Fraudster
The local authorities in Pune, India, recently confiscated 452 Bitcoins worth $1. 8 million from suspect involved in notorious cryptocurrency Ponzi scheme. India’s Biggest Bitcoin Ponzi Scheme According to The Times of India, authorities of the cybercrime department in the city of Pune, India, recently recovered 452 Bitcoins (BTC) worth $1. дальше »
2018-12-22 11:14
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Zebpay Exchange Now Live in 21 European Countries
Zebpay, formerly one of India’s largest cryptocurrency exchanges, has launched in Europe. Euro deposits, withdrawals, and trading are now live in 21 countries. While the exchange is not accepting new registrations from India, existing users can continue to use its wallet app. дальше »
2018-12-13 08:48
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India Receives $80 Billion in Remittance, Big Potential for Crypto?
The World Bank in its latest report revealed that India has received the largest amount in remittance in 2o18 with $80 billion being sent from abroad. At the same time, users paid $4 billion in cuts to payment services. дальше »
2018-12-10 23:00
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India’s new satellite is a first step in providing rural areas with faster internet
India launched its heaviest satellite, the GSAT-11, also called ‘The Big Bird,’ from the French space port of Kourou in South America, earlier today. The satellite is expected to provide high-bandwidth connectivity in the country, with data transfer speeds of up to 14 Gbps. дальше »
2018-12-5 14:53
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Ministry of Finance Files Counter Affidavit on Cryptocurrencies in Supreme Court
In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel of the Union of India to file a counter affidavit about regulations on cryptocurrencies. дальше »
2018-12-5 14:00
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India’s SP Jain School of Global Management Issues Blockchain Certificates to Over 1,000 New Graduates
One of India’s leading business schools just awarded its batch of fresh grandaunts with blockchain based certificates. These graduates numbering 1,189 got their certificates awarded by the SP Jain School of Global Management. дальше »
2018-12-5 04:42
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WhatsApp’s first ever TV commercial warns against fake news in India
WhatsApp has faced a lot of criticism for the way it’s handled fake news in India. In its latest move to battle misinformation, the company has launched three TV commercials in India to spread awareness about the issue amongst its users in the country. дальше »
2018-12-3 15:14
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Indian telecom regulator’s DND app finally lands on the App Store
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. дальше »
2018-11-30 21:26
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State In India Is Helping Facilitate The Growth Of Cryptocurrency-Related Businesses
A minister serving in India recently stated that a local state was working on plans that would help make it possible for local firms to operate without having to rely on the policy frameworks put in place by the National government. дальше »
2018-11-26 12:29
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The Supreme Court In India Sets Jan. 15, 2019 As New Hearing Date To Listen To Crypto Ban Petitions
The highest court in India has finally set a hearing date to be used to listen to petitions that have been advanced against the use of cryptocurrencies. The ban, which had been put in place by India’s regulatory bank has been facing a lot of criticism from many crypto users both in the country and […] дальше »
2018-11-26 11:43
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India: Police File Chargesheet in $1.4 Million Bitcoin Scam
A businessman from Chandigarh, India, has lost approximately $1. 4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three his accomplices. дальше »
2018-11-24 20:00
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India’s Government to Finally Decide on How it Will Treat Cryptos
A Supreme Court case has been put on hold pending a report on cryptocurrencies by India’s government expected this December. According to Quartz India, a counter-affidavit has been filed with. дальше »
2018-11-22 18:50
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Google’s Neighbourly app is rolling out across India now, and it’s actually pretty neat
In May, Google launched Neighbourly, a Q&A app to help you learn more about your neighborhood by asking people who live near you. The company kicked off a trial in India’s financial capital of Mumbai, followed by seven smaller cities. дальше »
2018-11-21 10:55
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New Reports Show Draft Bill In The Works For Indian Crypto Regulation Before End Of The Year
New Reports Show Draft Bill In The Works For Crypto Regulation In India To Be Presented At The End Of The Year Though India has taken a derogatory stance on cryptocurrencies in the past, it seems that they are joining many other countries in their decision to establish regulations. Though nothing has been settled yet, […] дальше »
2018-11-20 23:32
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WazirX Exchange CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In India
WazirX CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In The Country There are currently ten cryptocurrency exchanges in India with a user base of 5 to 6 million. In October, India’s finance minister Arun Jaitley had a crucial meeting with industry stakeholders. дальше »
2018-11-20 22:41
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India Ready to Announce Its Stance on Cryptocurrencies
CoinSpeaker India Ready to Announce Its Stance on Cryptocurrencies After years of ambiguity, the Indian government might finally reveal a regulatory draft for the cryptocurrency sector in the country before the turn of the year. дальше »
2018-11-20 16:15
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India Ready to Unveil Cryptocurrency Law Next Month
The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill now in the works. Clarity Soon Citing a counter-affidavit issued by India’s Prime Minister Narendra Modi, Quartz reports that the country’s government is likely to provide some clarity on the matter of cryptocurrencies sometime in the next two months. дальше »
2018-11-20 16:00
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India’s Final Judgement On Cryptocurrencies Now Approaching Concluding Stages
The Indian government is edging closer to a final decision on how cryptocurrencies will be regulated after a panel set up to draft the rules confirmed that the document should be ready by next month. дальше »
2018-11-20 12:08
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India to spell out draft cryptocurrency regulations in December
Quartz reports that the Indian government is set to lay out a draft of its regulations for cryptocurrencies next month – clarifying its stance on how these digital assets can be used and traded in the country. дальше »
2018-11-20 10:23
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Experts in Crypto Community Discuss India’s Bitcoin Ban Being Nearly Impossible to Accomplish
As you may have already heard, India is planning on banning cryptocurrencies. The Indian government does not love cryptos. Everyone who read the news when the government banned banks from having crypto exchanges as clients knows that their instance on the market is far from slightly good. At the moment, nobody is exactly sure how […] дальше »
2018-11-16 02:10
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Audible finally brings reasonably priced audiobooks to India
At long last, Amazon launched its Audible store for audiobooks in India last week, making its library of more than 2,00,000 spoken word titles available across the country at reasonable prices. дальше »
2018-11-14 08:35
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Crypto-Related Scam Targets Muslims with Halal Investment Offerings in India
India’s authorities have recently revealed a nearly year-old Ponzi scheme involving digital coins investments without the consent of investors and a kickback to a high-ranking politician with the aim to whitewash the fraud. дальше »
2018-11-14 00:18
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India’s First Smart Police Robot “Robocop” Arrives in Hyderabad
The future of police robots still remains unclear in this day and age. That is not entirely uncommon by any means, as this idea raises a lot of questions and criticism. Hyderabad, a city in India, is introducing its first police robot iteration to the masses. дальше »
2018-11-8 19:25
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Darknet-Based Animal Trafficking Is on the Rise in India
The darknet is effectively influencing a lot of unsavory business models. While most of the focus lies on drug sales, there are plenty of other industries to be concerned about. Wildlife trafficking is quickly becoming a booming business in certain parts of the world. дальше »
2018-11-6 07:23
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HSBC Completes Blockchain-Based Transaction for India’s Reliance Industries
The British multinational banking organization HSBC and Belgium’s ING Bank have partnered to execute a trade transaction using the blockchain network from a U. S. -based Tricon Energy to India’s Reliance Industries. дальше »
2018-11-5 22:00
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India considers outlawing cryptocurrency use (but blockchain is still cool)
It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead. дальше »
2018-10-31 17:07
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Nasscom Urges Indian Startups to Shy away from Cryptocurrency
Debjani Ghosh, the president of the National Association of Software and Services Companies (NASSCOM), a nonprofit body focused on handling India’s information technology sector, has said that bitcoin and other digital assets are illegal in India. дальше »
2018-10-27 05:00
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Supreme Court of India Gives Two Week Deadline for Gov’t to Clarify Position on Crypto
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. дальше »
2018-10-27 05:00
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Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November
India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […] дальше »
2018-10-27 21:45
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India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks
The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April. дальше »
2018-10-26 13:00
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Daily Byte: 10.25.2018
Sony ups the cold storage game, Binance publicizes charitable contributions, and more legal drama in Plattsburgh and India.
дальше »2018-10-25 19:52
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India’s First Bitcoin ATM Seized by Authorities, Unocoin Co-Founder Arrested
Only a week after India’s first Bitcoin ATM was launched to much fanfare, regional authorities have confiscated the two-way crypto machine and arrested the initiative’s founder, reported Times of India on Oct. дальше »
2018-10-25 10:00
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India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody
The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being “illegal” as it was set up without any government approvals, The Times of India reports October 24, 2018. дальше »
2018-10-25 07:00
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Zebpay Leaves India for Malta Due to Constricting Regulation
One of India’s largest cryptocurrency exchanges, Zebpay, is moving its operations to the Mediterranean island nation of Malta in an effort to maintain its operations after shutting shop last month. дальше »
2018-10-18 22:00
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ZebPay Leaves India for Malta After Regulations Crippled Its Business
Zebpay, once India’s biggest Bitcoin payment processor, has announced its move to Malta after its business was ‘crippled’ due to unfavorable laws and regulations. Lack of Banking Support ‘Crippled’ Our Business According to Quartz India, the Singapore-based Zebpay has set up operations in Malta. дальше »
2018-10-18 22:00
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India’s PM Unveils Blockchain Center, Could Indicate Policy Shift
In a move that signals India’s growing acceptance of distributed ledger technology (DLT), Prime Minister Narendra Modi announced last week that blockchain, artificial intelligence and drones are three priority areas for a new technology center in Maharashtra, a western province of nearly 125 million that includes the city of Mumbai. дальше »
2018-10-16 16:55
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Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs
To improve crypto-to-fiat liquidity in India amidst an ongoing banking ban, Indian exchanges are finding methods that could function inside the grey areas of law. Unocoin in its latest announcement revealed its plan to launch a network of Bitcoin ATMs across India. дальше »
2018-10-15 09:29
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Bitcoin (BTC), Ethereum (ETH), XRP ATMs Launch In India To Bypass RBI Ban
India’s RBI Cracks Down On Crypto Exchanges As reported by Ethereum World News previously, despite India’s willingness to accept blockchain technologies, the Reserve Bank of India (RBI) enacted measures to curb banking relationships with local crypto exchanges in April. дальше »
2018-10-15 03:00
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