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India Could Be Looking to Classify Bitcoin as an Asset Class
This has been a historic week for Bitcoin as just after a decade of existence, it has now been declared the legal tender for a country. The move seems to have sparked a trend as regulators all across the globe are starting to advocate for the flagship crypto as well as the entire industry. Now,Read More дальше »
2021-6-11 19:00 | |
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Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. дальше »
2021-6-7 16:30 | |
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Hold your horses! India's central bank is still not a fan of crypto
After issuing a circular on Monday about cryptocurrencies, the Reserve Bank of India [RBI] has now clarified that it still retains concerns about the asset class, concerns which it has conveyed to theThe post Hold your horses! India's central bank is still not a fan of crypto appeared first on AMBCrypto. дальше »
2021-6-4 19:00 | |
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Ethereum’s Vitalik Buterin Burns $6.6 Billion Worth of Shiba Inu Tokens
After the dogecoin hype invoked a new ERC20 token project called Shiba Inu, the crypto asset has been making waves throughout the crypto industry. On Wednesday, the cofounder of Ethereum, Vitalik Buterin donated $1 billion worth of Shiba Inu to India’s Crypto Covid Relief Fund. дальше »
2021-5-17 19:30 | |
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– India: All Public, Private Companies Now Required to Disclose Crypto Holdings
Amid ambiguous regulations, crypto adoption continues to grow in India. Indian Companies to Report Crypto Holdings According to a recent amendment to India’s Companies Act, all companies are now required to report all their crypto or digital asset transactions in all public financial reporting. дальше »
2021-3-26 22:00 | |
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Indian Billionaire Investor Rakesh Jhunjhunwala Says He’d Never Buy Bitcoin, Calls for Ban on BTC
One of India’s most revered investors has voiced strong criticism against Bitcoin, backing a proposed government ban against the top cryptocurrency. Rakesh Jhunjhunwala believes Bitcoin is a purely speculative asset with no real use. дальше »
2021-2-24 20:46 | |
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Pakistani Government Now Mining Bitcoin Directly
Authorities in the Khyber Pakhtunkhwa (KP) province of Pakistan has launched two state-owned bitcoin (BTC) mining farms. Pakistan, which used to have a harsh stance towards bitcoin and other cryptos just like India, is now embracing the revolutionary digital asset class with full arms. дальше »
2021-1-15 21:00 | |
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India welcomes UAE's digital asset exchange Bitex
India has noted an uptick in crypto users over the past year. This surge in the crypto users can mainly be attributed to the Supre Court's decision to quash the Central Bank's circular that called forThe post India welcomes UAE's digital asset exchange Bitex appeared first on AMBCrypto. дальше »
2020-11-10 17:00 | |
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Zebpay to launch India's first NFT
The cryptocurrency exchange, Zebpay based in Singapore has announced the launch of India's first non-fungible crypto token and marketplace. Zebpay remained the oldest Bitcoin and crypto asset exchaThe post Zebpay to launch India's first NFT appeared first on AMBCrypto. дальше »
2020-11-10 15:15 | |
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RioDeFi Builds a Bridge to India before its long awaited IDO on Uniswap
RioDeFi’s readying for India with INR banking services for RioDeFi ecosystem & RFUEL token RioDeFi is creating a payments ecosystem that builds bridges between traditional finance and the digital asset services universe. дальше »
2020-10-15 18:19 | |
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RioDeFi Builds a Bridge to India before its long-awaited IDO on Uniswap
RioDeFi’s readying for India with INR banking services for RioDeFi ecosystem & RFUEL token RioDeFi is creating a payments ecosystem that builds bridges between traditional finance and the digital asset services universe. дальше »
2020-9-29 11:42 | |
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Binance Launches “Build for Bharat”; First DeFi-Focused Hackathon In India
New Delhi, India — August 24th, 2020: Binance, the global blockchain company behind the world’s largest digital asset exchange, today launched ‘ Build for Bharat’, a twofold program with hackathon and acceleration opportunities for blockchain developers and startups in India. дальше »
2020-8-24 12:01 | |
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India open to crypto as an asset class, not medium of exchange
The Indian cryptocurrency industry wanted to begin a conversation with regulatory bodies to share their understanding of the space and provide counsel in framing the guidelines for it. In a conversatiThe post India open to crypto as an asset class, not medium of exchange appeared first on AMBCrypto. дальше »
2020-7-18 17:30 | |
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Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry
Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […] дальше »
2020-6-18 16:15 | |
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Policy Framework for Digital Assets in India
India is at an inflection point in fintech innovation. The countries’ government and policymakers have the opportunity to foster responsible adoption of new digital asset and blockchain technology by creating transparent, principles-based regulatory frameworks that support it. дальше »
2020-6-18 10:02 | |
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India: Can Bitcoin emerge as the go-to asset for young Indians?
Being radically different didn't always help cryptocurrencies. However, in countries such as India, technological innovations like crypto and blockchain have great potential and can provide immense beThe post India: Can Bitcoin emerge as the go-to asset for young Indians? appeared first on AMBCrypto. дальше »
2020-3-26 15:00 | |
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Here's how Bitcoin allows financial freedom in hyper-inflated nations
It's either black or white with Bitcoin: While In India, China, and Russia, the largest digital asset is still identified as an illegal form of currency, the same asset has been recognized as a beaconThe post Here's how Bitcoin allows financial freedom in hyper-inflated nations appeared first on AMBCrypto. дальше »
2019-12-28 19:30 | |
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Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India
Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. дальше »
2019-7-27 11:00 | |
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Facebook may pull-out Calibra from India, world’s largest WhatsApp market; early warning signs?
It’s been less than 48 hours since Facebook unveiled its “cryptocurrency” Libra, which will operate on a private blockchain and have its own wallet. With the fiat currency-backed digital asset a year out from its official 2020 launch, the social media giant seems to have met its first major roadblock. дальше »
2019-6-20 17:30 | |
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If Bitcoin Ban Bill in India Passes, Privacy Crypto Assets Could Boom: Binance CEO
Yesterday, the Bitcoin (BTC) and crypto asset community woke up to a harrowing tidbit of news from Bloomberg Quint. An article, which cited a “draft bill”, revealed that regulators in India, from multiple financial and judiciary agencies, revealed that those who involve themselves in the “sale, purchase and issuance of all types” of crypto assets,. дальше »
2019-6-9 00:00 | |
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Venture Capitalist: India’s Ban on Bitcoin Will Only Increase Interest in the Country
This week, a report claims that certain government departments across the country are supporting an outright ban on the “sale, purchase and issuance of all types” or crypto including Bitcoin, and could lead to a jail sentence for up to 10-years in prison for using the digital asset class as its intended. дальше »
2019-6-8 04:02 | |
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Former BitConnect India chief on the run after promoting another crypto-scam
India‘s authorities have uncovered more cryptocurrency scams connected to the alleged head of BitConnect Asia, Divyesh Darji, Times of India reports. Police claim Darji had also been marketing another dubious cryptocurrency-related investment, “Regal Coin,” by offering short-term returns of 5,000 percent on any investments made. дальше »
2019-6-4 10:43 | |
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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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Control as Liability
The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”. дальше »
2019-5-11 04:03 | |
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In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order. дальше »
2019-4-3 01:19 | |
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Ripple Inc Partners with A $19 Billion Bank With 8 Million Customers
Ripple Inc now has a partnership with Federal Bank, a 70-year old Indian bank with $19 billion in asset and 8 million customers. There are no details as to whether the bank will leverage xRapid or xCurrent in their grand plans of increasing their remittance market share in India. дальше »
2019-3-29 15:10 | |
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Indian crypto exchange Unodax integrates Changelly
Unodax, one of India’s most popular crypto asset exchanges announced they are now partnering with instant crypto converter app, Changelly. Unodax users can now make instant crypto conversions, without spending time on other exchanges. дальше »
2019-2-13 01:23 | |
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$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ
Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, the widow of Cotten, Robertson claimed Cotten passed away in India with the sole control over user funds. дальше »
2019-2-8 13:16 | |
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India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee
The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country. дальше »
2019-2-6 12:00 | |
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Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?
Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. дальше »
2019-2-3 11:48 | |
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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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The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets
In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […] The post The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets appeared first on Bitcoin News. дальше »
2018-12-7 17:15 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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Moonday Morning: Cryptocurrency market is as mature as ‘dollar and oil’
Welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. дальше »
2018-10-15 11:20 | |
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Indian Crypto Exchange Zebpay Ceases All Trading Amid Regulatory Pressure
One of India’s largest digital asset exchange platforms has announced today that it will cease offering crypto buying and selling services. Zebpay Calls it a Day Due to Regulatory Pressures Zebpay stated that the Reserve Bank of India’s (RBI) clampdown on digital currencies had severely impacted its ability to do business. дальше »
2018-9-29 00:00 | |
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A Failed Idea – The CEO of India’s Biggest Startup Incubator Gets Facts Wrong As He Tears Into Bitcoin
Bitcoin has succeeded as an asset but has failed terribly as a currency. It has only gained traction within a very small niche following, lacking any use in real-world transactions. It only handles a very small number of transactions compared to its competitors like Visa, all while consuming large amounts of energy which further makes […] The post A Failed Idea – The CEO of India’s Biggest Startup Incubator Gets Facts Wrong As He Tears Into Bitcoin appeared first on NullTX. дальше »
2018-9-17 05:00 | |
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Reserve Bank of India Fears P2P Cryptocurrency Trading Could Harm the Economy
Cryptocurrencies could affect the transmission of India’s monetary policy if some trading migrates from the traditional exchange-based route to the peer-to-peer (P2P) mode, says the Reserve Bank of India (RBI) in its annual report published Wednesday, Aug. дальше »
2018-8-31 11:04 | |
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India’s Central Bank Secretly Forms a New Unit to Focus on Blockchain, AI and Cryptocurrencies
After stifling growth and innovation within the homegrown digital asset market with draconian regulations, the Reserve Bank of India (RBI) has reportedly embarked on a mission to tap into blockchain, cryptocurrencies and artificial intelligence (AI). дальше »
2018-8-29 17:33 | |
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Indian Government Forms Blockchain and Cryptocurrency Task Force
Despite an infamous crackdown on digital assets, the Reserve Bank of India (RBI) has created a task force to explore avenues and unique use-cases pertaining to blockchain technology, artificial intelligence and cryptocurrencies. дальше »
2018-8-28 07:00 | |
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