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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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In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U. дальше »
2019-6-6 21:52 | |
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India: Why Facebook’s pet crypto-project could trump other competitors
In disappointing news for Indian crypto-enthusiasts, the Indian Supreme Court adjourned the ‘Crypto Vs RBI’ case hearing on March 29, failing to bring regulatory clarity on cryptocurrencies in the country. дальше »
2019-5-10 16:30 | |
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India Cryptocurrency Ban Unlikely, Says CEO Of Exiled Zebpay
The CEO of Zebpay, which left India due to banking restrictions, says the rumored cryptocurrency blanket-ban is unlikely to happen. Ajeet Khurana was talking as the company announced the opening of a new headquarters in Melbourne, Australia. дальше »
2019-5-8 21:00 | |
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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 […] дальше »
2019-5-5 00:36 | |
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India Considering Harsh Restrictions On Cryptocurrency
India has never been known as a crypto-friendly country, but now things might be about to get way worse for Indian cryptocurrency enthusiasts. The Indian government is thinking about implementing a new ban on Bitcoin and other digital assets. дальше »
2019-4-27 09:12 | |
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India is reportedly looking to ban cryptocurrencies once and for all
India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments. дальше »
2019-4-26 12:49 | |
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Cryptocurrencies Excluded From India’s Fintech Regulatory Sandbox
The Reserve Bank of India (RBI) has published its Fintech Regulatory Sandbox report. While cryptocurrencies could be included in the future, the bank noted that their services might not be accepted for testing currently. дальше »
2019-4-19 17:29 | |
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Indian Banks Could Start Using Blockchain Technology to Improve Digital Payments
According to the Indian business magazine Business Today, the National Payments Corporation of India (NPCI) could start using blockchain technology to improve digital transactions. India’s banks have been against the development of the crypto industry but they seem ready to implement blockchain technology and improve their services. дальше »
2019-4-14 18:55 | |
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India’s Supreme Court Delays Crypto vs Central Bank Fight to July
By CCN. com: The courtroom battle between the Indian cryptocurrency exchanges and the Reserve Bank of India (RBI) has reached its ninth month but remains far from conclusion. On March 29, the Supreme Court of India moved the hearing to a new date in July. дальше »
2019-4-4 11:21 | |
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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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Binance Report Says Blockchain Technology Could Help India Reduce its Remittance Fees
Binance has released a new report in which they explain how crypto and blockchain can revolutionize the remittance market in India. India is one of the most powerful countries on earth. Its economy is growing at very fast rates and it will clearly become a world power. дальше »
2019-3-30 17:18 | |
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How India’s Election Could Impact Crypto Regulation
India’s impending general election could affect the government’s process of regulating the crypto industry. A local lawyer has explained to news. Bitcoin. com how the election could impact regulations. дальше »
2019-3-30 12:25 | |
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India: Supreme Court adjourns ‘Crypto Vs RBI’ case within minutes; next date could be in July
The Indian Supreme Court was supposed to be presented with a decision on the regulations on cryptocurrencies by the Union government on 29 March. However, the court adjourned the matter on the request of the Government’s Counsel. дальше »
2019-3-29 11:00 | |
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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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Exclusive: Indian Bitcoin Users in the Dark Over Their Tax Liabilities
There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban. дальше »
2019-3-25 16:39 | |
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Netflix’ $4 mobile-only subscriptions could bolster its growth in India
In a bid to grow its audience in India, Netflix is trialing cheaper subscriptions that allow access to its streaming video service only on mobile devices, reports The Economic Times. The plan, which costs Rs. дальше »
2019-3-22 12:24 | |
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Nuclear Standoff: Pakistan Scrambles Entire F-16 Jet Fighter Fleet to Indian Border in Possible US Terms Violation
The threat of war rises in the Indian subcontinent as Pakistan and India line up weapons on the Line of Control, the disputed border in Kashmir. Pakistan has reportedly scrambled “all F-16” fighter jets to the border and pointed them towards India. дальше »
2019-3-20 15:04 | |
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Canada, Israel, Mexico, and India Move to Regulate Crypto Market
Canada, Israel, Mexico, and India are looking to regulate the crypto market which could increase market sentiment and investments. Read about it here. The post Canada, Israel, Mexico, and India Move to Regulate Crypto Market appeared first on CoinCentral. дальше »
2019-3-19 22:53 | |
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EY Executive Says Bitcoin Has No Practical Use in India
An EY executive who recently visited India and met with a number of government agencies has voiced his opinion about the future of cryptocurrencies in the country. He believes that bitcoin has no practical use, is just another “foreign” currency, and its widespread adoption could be “very damaging to the global economy. дальше »
2019-3-12 09:40 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Bahrain Could Squeeze India to Re-Open its Crypto Market and Legalize Bitcoin
As per the request of the Reserve Bank of India, the country’s central banking institution, local banks have been disallowed from dealing with crypto businesses such as Bitcoin exchanges since 2018. дальше »
2019-3-4 14:18 | |
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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018
Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »
2019-3-1 18:10 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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Indians Lost $2.3 Billion in Remittance Payments in 2018; Can Bitcoin Help with Near-Zero Fees?
According to The Times of India, money transfers cost citizens and non-residents over $2. 3 billion in fees last year for clearing payments into India, the world’s biggest market for inward remittance. дальше »
2019-2-12 11:55 | |
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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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Court Grants QuadrigaCX Bankruptcy Protection
Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX. дальше »
2019-2-6 23:12 | |
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QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – Could it More Than a Mistake?
QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India. дальше »
2019-2-5 17:06 | |
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Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses
Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto. дальше »
2019-1-16 05:22 | |
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Two Major Banks in India, Digibank and Kotak, Close Customer Accounts for Bitcoin Associations
India’s crypto industry is having a hard time since 2018. You have probably heard all about it. Last year, the Reserve Bank of India (RBI) has banned all banks from offering accounts to crypto companies in which was known as the Indian Crypto Ban in the industry. However, things, which looked like they could be […] дальше »
2019-1-15 22:11 | |
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India Discusses Crypto Regulation; Could Legalise In 2019
In the first major revelation from the Indian government regarding the cryptocurrency market, it appears that there is an inter-ministerial committee that is discussing the possible future of the cryptocurrency market in the country. дальше »
2019-1-9 15:44 | |
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Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability
The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. дальше »
2019-1-5 11:38 | |
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Indian Central Bank’s Report Shows Cryptocurrencies Are Not Currently a Threat
The Reserve Bank of India (RBI) has published a report indicating that cryptocurrencies are not a threat currently. However, the central bank says, with rapid growth and adoption of cryptocurrencies, this assessment could change, adding that constant monitoring of cryptocurrencies is needed. дальше »
2019-1-4 14:15 | |
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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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Why India’s Strict Policy Will Have a Bigger Toll on Walmart Than Amazon
New restrictions over e-commerce businesses operating within India’s borders have raised concerns that major online retailers like Amazon and Walmart will have it “tough” in the region. However, it’s Walmart that could be left on the ropes following this new rule change, considering Amazon’s dominance in the e-commerce space. дальше »
2018-12-27 20:00 | |
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A Glimmer of Hope for Indian Investors As Crypto Could Soon Be Legalized
India, the world’s fastest growing economy, has long been indecisive about regulation with respect to cryptocurrency. Today, however, national… The post A Glimmer of Hope for Indian Investors As Crypto Could Soon Be Legalized appeared first on Invest In Blockchain. дальше »
2018-12-28 17:09 | |
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New Indian Governmental Committee Wants Cryptocurrencies to Be Legalized
The Indian cryptocurrency scene is murky as crypto entities are facing a banking ban and the government has explicitly asked investors to stay away from Bitcoin and other cryptocurrencies. However, the second interdisciplinary committee is now saying that cryptocurrency could be legalized in India with several terms and conditions, as reported by The New Indian Express. дальше »
2018-12-27 16:04 | |
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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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Cryptocurrency in India Maybe Legitimized After All
This year has been particularly bad for Indian crypto traders and investors with constant government crackdowns and a shroud of uncertainty about the future of the industry in the county. That may be all about to change as a recent report indicates that regulation and legitimization could be on the way in India. дальше »
2018-12-27 12:00 | |
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UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem
United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U. дальше »
2018-12-27 08:00 | |
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India May Legalize Cryptos But Under ‘Strong’ Rules: Report
The Indian government could possibly legalize cryptocurrencies, but with tough terms and conditions attached, a news report suggests. дальше »
2018-12-26 17:01 | |
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IBM Blockchain Pilot With India’s TRAI Telecom Provider Finalizes To Improve Mobile Data Records
Blockchain Pilot For Mobile Data Records By TRAI Is Complete Recently, the Telecom Regulatory Authority of India (TRAI) decided to take on a pilot with blockchain technology to learn about the benefits that it could offer their mobile network systems. дальше »
2018-12-12 21:43 | |
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Koinex Wants to Venture into Blockchain, Opens Development Center
Koinex, one of the leading cryptocurrency exchanges in India, could be venturing into the blockchain scene as soon as 2019, and is in the process of opening a new development center in Bengaluru, the company announced in a press release on December 4, 2018. дальше »
2018-12-5 10:00 | |
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Indian Lawmakers to Draft Crypto Regulations by Year End
Quartz India reports that financial regulators in the region could be drafting official cryptocurrency regulations before the end of the year. Indian lawmakers have been under heavy pressure in recent months by crypto traders and startups to clarify the unofficial cryptocurrency ban that came into effect in July. дальше »
2018-11-23 21:10 | |
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Tinder adds more gender identity options for Indian users
Tinder has introduced a new gender option for its app users in India. This feature brings a wider array of options for individuals to identify themselves as. Prior to this update, users could only identify themselves as either a “Man” or “Woman. дальше »
2018-11-13 15:17 | |
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Dorsey says Twitter is thinking about an edit button to fix typos in tweets
For the first time since the end of 2016, Twitter CEO Jack Dorsey shed some light on the company’s thoughts about building an edit button for tweets. Speaking at an event in India’s capital of New Delhi, he said that the company has to carefully consider use cases for the edit button before making it a reality – and it could potentially be tooled to help fix typos. дальше »
2018-11-12 14:14 | |
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Indian traders are fighting Amazon by trying to get their town blacklisted
Traders from Ulhasnagar, a small town in western India near Mumbai, plan to get rid of sales competition from Amazon by placing fake orders in bulk, hoping that the e-commerce company blacklists the whole town. дальше »
2018-10-31 16:36 | |
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