Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban

2019-5-17 02:47

India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry.

The concept of sandboxes is also being used in the digital economy arena, to refer to regulatory sandboxes: testing grounds for new business models that are not […].

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india industry crypto sandboxes regulatory being used

Источник: bitcoinexchangeguide.com

india industry → Результатов: 70


India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework

In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto.

2019-5-17 20:30


Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox

NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank  Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […]

2019-5-16 20:28


Major Influencer in Anti-Bitcoin Case in India Calls Crypto a Ponzi Scheme (Doesn’t Imply Bitcoin Is)

The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […]

2019-5-5 00:36


Фото:

India: Despite the Uncertain Future, One Man Is Spearheading the Fight for Cryptocurrency Regulations

India’s embryonic crypto industry continues to backpedal as on March 29, 2019, the country’s apex court postponed the hearing on cryptocurrency regulations until the second week of July. One Man, 153 Days The reluctant stance from both the government and the judicial bodies has without a shadow of a doubt stunted the growth of theRead MoreRead More.

2019-4-5 01:00


It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses.

2019-4-1 15:15


India’s Bureaucracy is Sending Local Bitcoin Industry into a Sh**hole

What would you call an organization that is sitting atop a game-changing regulatory framework for more than a year but couldn’t submit a single proposal nevertheless? Incompetent, perhaps. It is precisely what the Interministerial Committee (IMC) has become: an incompetent group of administrators and ministers that cannot decide what it wants to do with new technologies.

2019-3-29 13:26


Exploring the Blockchain Development as a Service Industry [Interview]

In the wake of the 2017 market boom, hundreds of blockchain tech consultancies sprung up to service the overwhelming amount of investment that entered the cryptocurrency space. These companies are often based out of places with low median incomes per capita, taking advantage of cheap development costs in places such as India and Eastern Europe.

2019-2-4 13:23


Фото:

Research: Blockchain Technology to Create Disruption in Global Automotive Sector by 2021

Blockchain technology is primed to take over the automotive industry in the next three years. if senior executives in the sector are to be believed, reported Times of India on December 24, 2018. Blockchain to Augment Business Processes In a joint study conducted by the IBM Institute for Business Value and Oxford Economics, researchers concluded 64 percent of surveyed executives.

2018-12-26 16:00


NHCT Blockchain Project for Healthcare Industry Now Live

A new blockchain inclined ecosystem NHCT.io recently revealed to the general public that its presale will be starting on October 1, 2018, with a 35% bonus for the early birds. A Whole New Token NanoHealthCareToken (NHCT), which is an excellent blockchain-powered ecosystem, with offices in the Cayman Islands and  India aims to raise $9million during […] The post NHCT Blockchain Project for Healthcare Industry Now Live appeared first on ZyCrypto.

2018-10-5 01:44


Фото:

India: ICICI Bank Is Focusing on Blockchain for KYC, Trade, and Remittances

In an August 24, 2018, interview with YourStory, Abhijit Singh, Head of Technology at ICICI Bank, said he held a positive attitude towards the impact blockchain would have on the banking industry. More Mainstream Banks Open to Blockchain Although blockchain is widely perceived as a disruption to the banking sector, more and more mainstream banks are looking into ways to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

2018-8-27 09:00


Фото:

Indian Cryptosphere to Converge in Hyderabad for Inaugural International Blockchain Congress

The first edition of India’s largest blockchain conference is set for August 3 and 4, 2018 at the Novotel & HICC Complex, Hyderabad. The International Blockchain Congress brings together the industry experts, innovators, and regulators that work within the ecosystem to hold relevant conversations and set the agenda for blockchain technology development in the world’s sixth largest economy.

2018-8-2 22:30


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South Korean Exchange Suspends Withdrawals to External Wallets, Govt. Reaches Out to Apple and Google to Block P2E Apps

One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register their wallet address with the exchange, “in accordance with […] The post South Korean Exchange Suspends Withdrawals to External Wallets, Govt.

Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year

Wyoming Republican Senator Cynthia Lummis plans to introduce a comprehensive bill next year covering tax taxation of digital assets and their categorization to consumer protections. Lummis, who is also a Bitcoiner and one of the most vocal crypto advocates, will also be pitching Congress on creating a crypto regulatory body under the joint jurisdiction of […] The post Bitcoiner Senator, Cynthia Lummis, Is Planning to Bring In A New Crypto Bill Next Year first appeared on BitcoinExchangeGuide.

Bank of England to Coordinate with International Regulators for Stricter Crypto Rules

The Bank of England to step up its talks with the international counterparts on a regulatory regime for cryptocurrency next year. In an interview with The Times, Sarah Breeden, executive director for financial strategy and risk at the central bank, said that as banks begin to offer crypto-assets trading and custody services to clients, global […] The post Bank of England to Coordinate with International Regulators for Stricter Crypto Rules first appeared on BitcoinExchangeGuide.

Paraguayan Senate Passes Bill to Regulate Crypto Trading and Mining

The Senate of Paraguay has passed a bill that will regulate the trading and mining of cryptocurrencies in the country. Paraguayan Senator Fernando Silva Facetti, one of the three authors of the bill, confirmed this on Twitter, saying Paraguay’s Chamber of Deputies will discuss the bill next year.