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Indians Use Creative Means to Trade Bitcoin Amid RBI Ban
Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency. дальше »
2018-8-3 05:15 | |
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Ethereum Can Exist in India despite Crypto Ban, Says Cofounder Joseph Lubin
Ethereum cofounder Joseph Lubin has stated that the world’s second largest blockchain network offers a lot more than merely transfer of value through cryptocurrency. Speaking to LiveMint during a July 23, 2018, visit to India, Lubin said that Ethereum is the only genuinely decentralized network apart from bitcoin and that it offers a world of possibilities in India including cloud. дальше »
2018-8-2 21:30 | |
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Huobi Informs Users on Decision to Launch P2P Trading in India
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. дальше »
2018-7-29 17:47 | |
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The largest wind farm in power is sold in North India – Bitcoinist
The latest move comes from Brookstone Partners, which involves building a 900-megawatt wind farm in Morocco dedicated to mining Bitcoin. Bitcoin Mining To Minimize Carbon Footprint Critics have always argued that Bitcoin mining is a threat to the environment. дальше »
2018-7-28 12:25 | |
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Huobi OTC Peer-to-Peer Crypto Exchange Set to go Live in India with BTC, ETH and USDT
Huobi Announces Peer-to-Peer Exchange Is Going Live In India, Featuring Ethereum, Bitcoin, And Tether On the 26th July, Indian clients of Huobi OTC received an email announcing the launch of its new Peer-to-Peer based in India. дальше »
2018-7-27 22:23 | |
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Law Commission of India Recommends Use of Cryptos in Settling Gambling Transactions
Uncertainty continues to grip India’s crypto industry ever since the Rural Bank of India (RBI) imposed a ban on banks and other financial institutions, prohibiting them from dealing with cryptocurrencies. дальше »
2018-7-26 20:24 | |
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MasterCard CEO Calls Cryptocurrency “Junk”
One of the largest card companies in the world, MasterCard, doesn’t view cryptocurrency as a medium of exchange. The CEO of MasterCard, Ajay Banga, spoke at the “New India Lecture” earlier this week. дальше »
2018-7-26 20:12 | |
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Gamblers in India Could Soon Place Their Bets in Crypto
As cryptocurrency exchanges eagerly await the RBI ban ruling, a government agency has proposed using virtual currencies as payment for legalized gambling services in India. What a great week for Bitcoin! It broke through the $8,000 barrier and is taking the lion’s share of market dominance. дальше »
2018-7-26 20:00 | |
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Could Sports Betting Help in Legitimizing Bitcoin in India?
Sports betting and Bitcoin — when the two terms come together, you wouldn’t expect a revolution. However, in India, Bitcoin’s future as a legal tender could depend heavily on the sports betting industry, which remains effortlessly present but equally hidden. дальше »
2018-7-26 16:48 | |
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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country. дальше »
2018-7-26 16:30 | |
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Unocoin suspends withdrawal as per RBI orders, movement of Crypto regulations in India
While the Supreme Court’s final ruling on the crypto exchanges regarding fiat handling is yet to come out, Unocoin suspends withdrawal and deposits of fiat on its exchange. Unocoin exchange had received immense popularity for Crypto-rupee and crypto-crypto trades where it dealt in Bitcoin and Ethereum. The Reserve Bank of India on 5th April 2018 […] дальше »
2018-7-24 19:49 | |
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India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands
“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. дальше »
2018-7-24 10:30 | |
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Indian Crypto Regulation Ready by September: Official
The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. дальше »
2018-7-23 17:35 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-21 17:15 | |
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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-20 17:15 | |
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Indian Hospital Data Hit With Ransomware By Hackers; Bitcoin Demanded
Indian Hospital Data Encrypted by Hackers Who Demand Bitcoin Ransom One of India’s most prominent hospitals, which also happens to be located in the wealthiest city of Mumbai is the latest casualty of a ransomware attack. дальше »
2018-7-20 16:51 | |
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Indian Bitcoin Ponzi Schemer Offers to Repay Initial Investments to Victims
The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. дальше »
2018-7-19 05:30 | |
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Victims of India’s Bitcoin Scam Boss Offered Financial Restitution
Today, the Bitcoin price is much higher than what it was when we invested. Amit Bhardwaj and brother Vivek Bhardwaj after their arrest by Pune Police Efforts by FactorDaily to reach Zebpay for comment have been futile so far. дальше »
2018-7-18 10:00 | |
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Indian Bitcoin Extortion Case Continues
Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore. дальше »
2018-7-17 10:00 | |
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Three Russian Universities Add Crypto Courses and Diplomas
More academic institutions in Russia are starting educational courses and even postgraduate programs in crypto and blockchain technologies. Three universities will be teaching related subjects like cryptography and digital economy during the new academic year beginning in September. дальше »
2018-7-15 16:55 | |
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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern
The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 19:50 | |
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Ripple Sets Out to Upstage Bitcoin in India
Ripple, the third-ranked cryptocurrency by market capitalization, is looking to capture the Indian cryptocurrency market. The company has identified the country as a pivotal cog in the wheel in its quest to upstage Bitcoin. дальше »
2018-7-13 22:03 | |
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Senior Ripple Executive Talks About Regulation and Future Challenges
Ripple’s SVP of product, Asheesh Birla, stated at an event that the company’s biggest risk comes from none other than regulation. This has forced the firm to hire more people to take care of regulations so that the company can focus on acquiring its next 1,000 customers. дальше »
2018-7-13 16:34 | |
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Indian Central Bank Responds About Crypto Restrictions
India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban. дальше »
2018-7-12 00:40 | |
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Bitcoin [BTC] scams in India, government cracks down with special team
The world of cryptocurrency is filled with allegations and occurrences of scams and fraud. To counter this to an extent, the Government of Maharashtra in India has ordered a special investigation team to look into cases of Bitcoin [BTC] fraud in the state. дальше »
2018-7-12 20:39 | |
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Ripple Sets Out to Upstage Bitcoin in India
Ripple, the third-ranked cryptocurrency by market capitalization, is looking to capture the Indian cryptocurrency market. The company has identified the country as a pivotal cog in the wheel in its quest to upstage Bitcoin. дальше »
2018-7-12 20:35 | |
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Special Unit Formed to Investigate Crypto Cases in India
A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments. дальше »
2018-7-11 16:35 | |
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Bitcoin’s Price at a $1,000 Premium in India After Bank Ban, Ethereum at a $60 Premium
Bitcoin, ethereum and other cryptos have become more popular in India following a bank ban of crypto exchanges according to the current crypto prices in the world’s second most populous. . . дальше »
2018-7-11 13:29 | |
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French Official Says Regulations Could Hurt Crypto Industry
The debate on whether or not to regulate cryptocurrencies continues, with a high-ranking French official recently giving his position on the matter. While other countries — such as India — have recently imposed tighter regulations on crypto trading, France’s Jean-Pierre Landau says these digital currencies must not be regulated. дальше »
2018-7-10 17:04 | |
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, NEO: Price Analysis, July 09
Even despite pressure from China and India - which comprise 35 percent of the global population - cryptocurrencies are bouncing off their lows. Which coins are confirming a bottom? Let’s check the charts дальше »
2018-7-10 21:40 | |
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India Has Strangled Its Fast-growing Cryptocurrency Sector in 4 Months
The Indian cryptocurrency sector has been devoid of all banking resources as directed by the country’s central bank, The Reserve Bank of India, since Friday, July 6. A four-month long legal fight, low volumes, falling crypto prices and, now, the lack of banking is testing the foundation of this sector. дальше »
2018-7-9 15:59 | |
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Indian Congress Demands Probe Into Bitcoin Scam Involving Top Officials
Another day, another crypto-related scam. This time it’s in India, where members of the nation’s congress have demanded a Supreme Court-monitored investigation into a “mega Bitcoin scam.” Calls for the probe are led by senior congressional leader Shaktisinh Gohil, who accuses the top leadership of the country’s largest political party, the Bharatiya Janata Party, of […] дальше »
2018-7-8 19:00 | |
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How to buy Bitcoin in India after RBI ban
One of the major fall-outs of RBI’s April-5 circular has been the cease of rupee deposit and withdrawal on the country’s biggest digital exchange platform. Zebpay, shortly after urging its users to withdraw money on July 4, issued a statement saying, “we are disabling the rupee deposit and withdrawal options owing to the bank account The post How to buy Bitcoin in India after RBI ban appeared first on ItsBlockchain. дальше »
2018-7-8 14:14 | |
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What’s Indian Bitcoin [BTC] and other cryptocurrency inverstors’ plans?
Koinex, one of the popular Indian exchanges supporting several cryptocurrencies in its platform recently posted a tweet on its official handle, asking the Indian users their opinions and plans for their crypto-investments. дальше »
2018-7-8 13:48 | |
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Indian Police Seek to Sell Crypto and Bypass RBI Ban
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. дальше »
2018-7-8 23:40 | |
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On the backdrop of recent developments concerning the status and the future of cryptocurrencies in India, Bitcoin has been dragged into a political scandal between the country’s two major parties. We’ve covered the story in today’s Bitcoin in
Also in the daily, check the details around some BCH-related projects and services, as well as the latest incarnations of the blockchain technology. However, he also quoted local press mentioning figures of up to 88,000 crore rupees, close to 13 billion USD. дальше »
2018-7-7 16:12 | |
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India’s ‘Bitcoin [BTC] mega scam’: Opposition alleges top government official involved
Indian National Congress, the opposition party of India has allegedly accused a top official from the Bharatiya Janata Party [BJP], the ruling government of participating in an INR 5 crore ‘Bitcoin scam’. дальше »
2018-7-7 11:09 | |
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Coinome adds XRP trading pairs with Bitcoin Cash [BCH], Litecoin [LTC] and DigiByte [DGB]
Coinome hailed as India’s ‘safest exchange’, announced recently that they will be launching new trading pairs for XRP. This comes after the Reserve Bank of India asked financial institutions to not conduct transactions with cryptocurrency exchanges. дальше »
2018-7-7 04:07 | |
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John McAfee fires shots at RBI barring banks to deal with Bitcoin [BTC] and other VCs
John McAfee, on 6th July, posted an intriguing tweet against the Reserve Bank of India [RBI] urging financial institutions to dissociate themselves with the central bank. He also warned the institutions that he will ‘call for a boycott’ against those who deal with the RBI. дальше »
2018-7-6 20:57 | |
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