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Top expert: Those who ban crypto, send country 40 years in the past!
For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency. дальше »
2019-7-29 20:01 | |
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India doesn’t want WhatsApp sharing your payment data with Facebook
Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times. дальше »
2019-7-26 09:40 | |
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WhatsApp Pay will officially launch by the end of the year in India
WhatsApp’s payment program has been stuck in the testing phase in India for quite a while now. But, the wait might finally be over. The company‘s global head, Will Cathcart, said the UPI-based payment service will officially launch in the country by the end of 2019. дальше »
2019-7-25 15:48 | |
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What a bit! Mark Zuckerberg’s Evil Plan & India’s Anti-Crypto Bill
Let’s investigate Mark Zuckerberg and his plot for world domination and India’s latest Anti-crypto bill. First, we are going to talk about my boy Marky Mark and his latest new scheme of trying to get into the crypto orgy fest. дальше »
2019-6-17 18:57 | |
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Indian police arrest 78 in Bitcoin call center scam
A call center scam that targeted US citizens and requested payment in Bitcoin has been busted by police in India resulting in the arrest of 78 people. According to a report, the Indore unit of Madhya Pradesh police’s Cyber Cell unearthed the online scam, which saw tele callers with American accents dupe US citizens. дальше »
2019-6-13 11:21 | |
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Leading Indian Blockchain Big Data Company ZEBI Announces Mainnet Launch and New Products for 2019
Bitcoin Press release: Leading Indian blockchain Big Data Company Zebi, offers decentralized products to protect personal and commercial data. The Mainnet launch and Zebi payment system expected Q3, 2019. дальше »
2019-6-8 22:44 | |
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Ripple Facilitates Payment Remittances From India to Saudi Arabia
Indian commercial bank IndusInd has tied up with Saudi Arabian British Bank (SABB) through their partnership with Ripple. The payment remittance corridor between the two countries is powered through xRapid and xCurrent, as both banks adopted both networks, as revealed by Ripple, May 20, 2019. дальше »
2019-5-22 15:00 | |
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Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank
In yet another demonstration of the effectiveness of Ripple’s payment solutions, the project has launched a new remittance corridor… The post Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank appeared first on Invest In Blockchain. дальше »
2019-5-21 10:08 | |
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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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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch
By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players. дальше »
2019-5-9 12:49 | |
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India’s Payments Corporation considering blockchain technology to strengthen digital transactions
The National Payments Corporation of India [NPCI] is pondering over the implementation of blockchain technology in an effort to strengthen digital transactions in the country, reported Business Today. дальше »
2019-4-15 18:00 | |
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Only 2% of companies accept Bitcoin payments, Stack Overflow finds
The vast majority of organizations across the globe are not using blockchain technology, according to Stack Overflow’s annual developer survey. Some 48,175 developers responded to questions about blockchain’s adoption within organizations. дальше »
2019-4-11 16:08 | |
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Tata (TCS) Quartz Allows Banks And Payment Systems To Be Connected To RippleNet
TCS Allows Banks And Payment Systems To Be Connected To Ripplenet Tata Consultancy Services (TCS), a recognized consulting and business solutions in the country, is allowing companies to help companies to embrace blockchain technology and be connected to Ripplenet. дальше »
2019-4-7 23:32 | |
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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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India’s Federal Bank Adopts RippleNet for Cross-border Payments
The federal bank in India is finally embracing blockchain technology. The latest news is that the bank has entered a partnership with Ripple and its payment network RippleNet for cross-border payments to India and to enable Indians in diaspora transfer funds across borders. дальше »
2019-3-30 00:36 | |
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WeChat Pay to reportedly take on Google Pay and Paytm in India later this year
Chinese tech giant Tencent is looking to enter India‘s payment market with a UPI-based (Unified Payments Interface) WeChat Pay app, according to Entrackr. The report notes Tencent execs met with the National Payment Corporation of India (NPCI) three weeks ago to discuss obtaining a license, with plans to launch the service in May or June. дальше »
2019-3-22 14:11 | |
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What is aXpire (AXPR)? Complete Beginner’s Guide
Founded in January 2017 and headquartered in Manhattan, aXpire is a payment processing company which uses cloud-based and AI-enabled blockchain technology. The company has employees in London, India, and Australia and aims to revolutionize the fund administration services space with an AI (artificial Intelligence). дальше »
2019-3-13 18:16 | |
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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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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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Ripple Forms New Blockchain Alliance With Indian Institute Of Technology, Bombay (IIT-B)
Ripple's Partnership with IIT Bombay Will Help Tackle Some Of Today’s Global Remittance-Related Issues Many of Ripple’s cross-border payment solutions have been gaining traction across the globe over the past few years— especially in nations such as India, Thailand, and Vietnam. дальше »
2019-2-19 05:25 | |
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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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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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India Receives $80 Billion in Remittance, Big Potential for Crypto?
The World Bank in its latest report revealed that India has received the largest amount in remittance in 2o18 with $80 billion being sent from abroad. At the same time, users paid $4 billion in cuts to payment services. дальше »
2018-12-10 23:00 | |
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HSBC Executes India’s First Overseas Blockchain Payment for Major Company
The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology. “The Use of Blockchain Offers Significant Potential” Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. дальше »
2018-11-6 11:00 | |
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SBI Partners With Hitachi to Build Digital Payments Platform in India
Hitachi Payment Services, the Indian-based subsidiary of Hitachi, has entered a joint venture with State Bank of India for the establishment of a digital payments platform, pending regulatory approval. дальше »
2018-10-30 09:00 | |
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ZebPay Leaves India for Malta After Regulations Crippled Its Business
Zebpay, once India’s biggest Bitcoin payment processor, has announced its move to Malta after its business was ‘crippled’ due to unfavorable laws and regulations. Lack of Banking Support ‘Crippled’ Our Business According to Quartz India, the Singapore-based Zebpay has set up operations in Malta. дальше »
2018-10-18 22:00 | |
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India’s T-Hub Startup Incubator CEO Claims $20 Payment Fees on Bitcoin Transactions Failed BTC
The CEO Of India’s Leading Startup Incubator Claims That Bitcoin’s Failure Was Due to Its $20 Fees T-Hub’s CEO, Jay Krishnan, claims that the reason for Bitcoin’s failure is its $20 fees. It is strange that the manager of India’s leading startup incubator and also SRI Capital’s advisor could make such a misleading claim. The […] дальше »
2018-9-17 23:15 | |
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Indian Bank Set to Adopt Ripple for Cross-Border Payments
While India remains a no-go area for bitcoin and other cryptocurrencies, Ripple Labs, the developer of XRP, is busy making inroads into the Asian nation, as per a report on August 2, 2018. Ripples Everywhere According to an FXStreet, the State Bank of India (SBI), the country’s institutional banking authority, is set to start facilitating instantaneous cross-border payment solutions with Ripple. дальше »
2018-8-4 14:00 | |
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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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Law Commission of India Recognizes Cryptocurrency as Means of Electronic Payment
The Law Commission of India has recognized cryptocurrency as a means of electronic payment. The pronouncement came during the Commission’s recent feasibility study of the legality of online gambling in the country. дальше »
2018-7-26 13:14 | |
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Government of India to Recognize Crypto as a Payment Method, Experts Optimistic
Cryptocurrencies have found an unlikely ally in their quest to become legalized in India, following intense legal battles between companies, consumers, and the Reserve Bank of India. The recommendation to legalize crypto comes from the law commission of India, as they are a vital part of their case against a blanket ban on sports betting. дальше »
2018-7-26 08:00 | |
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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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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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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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Malaysian Crypto Company Belfrics Group Resumes Their Digital Currency Exchange in India
Belfrics Group, a Malaysia-based crypto exchange, will resume its operations in India after a six-month hiatus. The company shut down its digital currency exchange earlier this year before the Reserve Bank of India officially announced a ban on banking companies, payment companies, and NBFCs supporting with crypto entities. дальше »
2018-6-27 16:35 | |
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Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered
In today’s increasingly globalized world — where international supply chains as well as the number of overseas workers are growing — it’s imperative to have fast, transparent cross-border payments. дальше »
2018-6-17 12:50 | |
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