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Supreme Court Advocate Shares His Views on Creating Fruitful Legal Cryptocurrency Rules in India
N. S. Nappinai, an Indian Supreme Court advocate has come up with suggestions that can help in regulating cryptocurrencies and digital asset in India. She says that the right regulatory framework should be devised in a way that promises transparency, oversight, and accountability. дальше »
2019-5-24 19:33 | |
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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-24 07:45 | |
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Supreme Court Advocate Suggests How to Regulate Crypto in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-25 07:45 | |
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India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 13:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban
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. дальше »
2019-5-17 02:47 | |
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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. дальше »
2019-5-17 20:30 | |
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India Progressing on Crypto Regulation Amid Ban Rumor
The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. дальше »
2019-4-26 11:30 | |
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Reserve Bank of India Says Cryptocurrencies are “Negative” and Don’t Provide Anything New to The Economy
The Reserve Bank of India will not even bother to study the possibility of testing the impact of crypto and similar virtual tokens on the development of a new regulatory framework for fintechs. In a. дальше »
2019-4-20 05:53 | |
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India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox
By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. дальше »
2019-4-19 14:13 | |
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RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing. дальше »
2019-4-19 09:31 | |
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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. дальше »
2019-3-29 13:26 | |
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Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing
Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future. дальше »
2019-3-26 08:30 | |
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India’s Potential Crypto Regulatory Framework to Be Presented at the Supreme Court Shortly
India’s perspective on cryptocurrencies has been quite cold, especially on the central bank, the Reserve Bank of India’s (RBI) end. Bitcoin Exchange Guide (BEG) reported on multiple instances how they have been consistently shutting down the idea, to which native traders were getting frustrated. дальше »
2019-3-24 20:40 | |
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Indian Crypto Community Rallies to Influence Government’s Decision on Regulation
In March 2019, cryptocurrency enthusiasts and experts across India will make their voices heard at a nationwide roadshow. They intend to draw up a joint report which will be handed to the Indian government in lieu of the upcoming release of a crypto regulation framework. дальше »
2019-3-1 13:58 | |
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Indian Crypto Community Rallies to Influence Government’s Decision on Cryptocurrency Regulation
In March 2019, cryptocurrency enthusiasts and experts across India will make their voices heard at a nationwide roadshow. They intend to draw up a joint report which will be handed to the Indian government in lieu of the upcoming release of a crypto regulation framework. дальше »
2019-3-1 13:58 | |
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India Supreme Court: Government Given Four Week Cryptocurrency Regulation Deadline
The government has four weeks to come up with a policy framework on cryptocurrencies before the court can make its ruling about the pending case. The crypto-related case has been pending since July 2017 when the government implemented a ban on crypto-related banking activities. дальше »
2019-2-26 12:00 | |
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Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report
India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets. дальше »
2019-2-10 12:15 | |
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Report: India Finalizing Crypto Regulatory Framework
The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. дальше »
2019-1-28 06:30 | |
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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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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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Indian State Working to Help Crypto Businesses Grow
An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. дальше »
2018-11-24 23:30 | |
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Indian State Working to Help Cryptocurrency Businesses Grow
An Indian minister has reportedly revealed that a state government is working to protect businesses operating without a regulatory framework in India. They include cryptocurrency exchanges and crypto-accepting merchants. дальше »
2018-11-24 23:30 | |
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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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Why India Says Yes to Blockchain, Yet Still Undecided About Crypto [INTERVIEW]
As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud. дальше »
2018-11-10 20:00 | |
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[INTERVIEW] Why India Says Yes to Blockchain, Yet Still Undecided About Crypto
As countries around the world find their feet in the cryptocurrency market, governments have jumped on board in attempts to regulate the use of digital assets. Places such as Malta, Gibraltar, and Singapore have taken an open-arms approach to new crypto ventures and companies, coupled with a strict regulatory framework to help prevent fraud. дальше »
2018-11-9 20:00 | |
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India Considering Cryptocurrency Ban
Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday. дальше »
2018-11-1 16:00 | |
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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 | |
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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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Unlocking the Full Potential of IoT Farming - [BTC Media Sponsor]
You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF). дальше »
2018-10-9 20:10 | |
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India Central Bank to Develop Regulatory Framework for Blockchain and AI Technologies
The Reserve Bank of India has discreetly formed a new unit devoted to research future regulatory frameworks for blockchain, cryptocurrencies and other technologies. The post India Central Bank to Develop Regulatory Framework for Blockchain and AI Technologies appeared first on CoinSpeaker. дальше »
2018-8-28 23:15 | |
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Report: Israel May Adopt Cryptocurrencies to Prevent Tax Evasion
Despite Bitcoin’s plummet to $6,600 (at time of writing), world governments and emerging economies remain invested in the idea of a blockchain-powered ecosystem supplemented with a decentralized currency framework. дальше »
2018-8-28 23:00 | |
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Indian Authorities Nab High-Profile Bitcoin Scammers
As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express. дальше »
2018-8-27 04:00 | |
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Reports: India’s Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’
The Indian government previously planned to submit the proposal for crypto regulations in July. However, a senior official has revealed that the regulatory framework for cryptocurrencies in India has been delayed and will likely be ready by the year’s end. дальше »
2018-8-14 14:00 | |
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Indian Supreme Court Proposes Legalization Cryptocurrency in Sports Betting
A report dubbed, “Legal Framework: Gambling and Sports Betting Including Cricket India”, revealed that the Indian committee has been looking into legalizing sports betting platforms, while possibly allowing the use of cryptocurrencies as a payment method. дальше »
2018-7-26 22:41 | |
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India to Finalize Regulatory Framework for the Cryptocurrency Sector in July
Though there is still little clarity regarding the future of cryptocurrencies in India, the authorities promise to present crypto regulations in July. The post India to Finalize Regulatory Framework for the Cryptocurrency Sector in July appeared first on CoinSpeaker. дальше »
2018-6-29 16:00 | |
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Indian Crypto Regulations Ready in July, Official Reveals
If you thought crypto in India was over, you were probably wrong. According to a recent statement by a high-ranking official, the long-awaited regulations are on the way. A draft framework has been prepared, and authorities in Delhi hope to “wrap this up” as early as the first half of next month. дальше »
2018-6-26 02:35 | |
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Indian government to launch regulatory framework for crypto by July
In a recent interview with Indian news outlet ET Now, Subhash Chandra Garg, the head of the recently formed government run crypto panel, said that he and his team are close to announcing a regulatory framework for the use and trade of cryptocurrency in India. дальше »
2018-6-24 18:09 | |
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Ripple To See A Positive Trend With This News
The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies. дальше »
2018-6-16 22:00 | |
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