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“No Cryptocurrency Ban,” Says Indian’s Minister of State for Finance
In the past months, there have been rumours about an imminent bitcoin ban in India. However, a government official recently stated that there were no plans to ban bitcoin or any cryptocurrency in the country as revealed in a July 16, 2019, Q&A with the nations Minister of Finance & Corporate Affairs, Anurag Thakur. дальше »
2019-7-20 01:00 | |
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India: Cryptocurrencies are not prohibited in India, says MoS for Finance and Corporate Affairs
The Indian cryptoverse lacks clarity on the government’s take on cryptocurrencies, after another alleged draft of the cryptocurrency bill circulated on social media. However, the community remained in good spirits and finally, found some relief after the Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, responded to a few questions in Parliament. дальше »
2019-7-19 18:45 | |
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Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
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No Bitcoin Regulation Talk in India’s Union Budget 2019; Good News?
India’s Finance Minister Nirmala Sitharaman presented the country’s Union Budget for 2019-2020, and there was no mention of Bitcoin or cryptocurrency regulation. Some crypto watchers interpret it as a positive sign. дальше »
2019-7-8 17:00 | |
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India: As a movement gains momentum, will the country finally turn the tide and embrace cryptocurrencies?
India is a curious case. At first glance, the Asian country is the hotbed of talent in the realms of finance and technology. However, recent regulations coming from New Delhi’s political chambers regularly play spoilsport. дальше »
2019-6-25 17:00 | |
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Indian Government Comes With A 12-Week Interactive Crypto & Blockchain Course
Indian crypto community has been in a dilemma over the passive approach of the government towards cryptocurrencies, and if going by the local media houses, the finance ministry is planning to propose a law which would ask for a 10-year jail term for those who are dealing with cryptocurrencies, be it trading or holding. However, […] дальше »
2019-6-13 20:55 | |
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Indian Cryptocurrency Regulation Is Ready, Official Confirms
Ahead of the G20 summit, India’s new finance secretary has confirmed that the report detailing the country’s crypto regulation is now ready. It will soon be submitted to the finance minister for approval. дальше »
2019-6-2 08:15 | |
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Blackstone Group-Affiliated Mphasis Out Of India Partners With Bitfury To Work On Trade Finance Deal
Partnership: Blackstone Majority –Owned Indian Tech Firm Collaborates With Bitfury On Finance Project Indian technology firm Mphasis, owned by American private equity firm Blackstone Group on May 28 announced its effective collaboration with blockchain giant Bitfury on a trade finance project. дальше »
2019-5-29 00:41 | |
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Indian Bank HDFC Issues Negativity-Laden Emails to Customers Using Cryptocurrencies
India’s crypto dilemma does not seem to end as the delays in finalizing regulations were followed by a delay in the judgment over various impending cases in the Supreme court related to crypto use. After the 29th of March hearing was postponed regarding the finalization of crypto regulation by the finance ministry, the crypto community […] дальше »
2019-4-28 20:30 | |
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Indian private sector bank HDFC issues ‘threatening’ emails against cryptocurrency buyers
The Indian government and the country’s banking sector’s negative stance against the cryptocurrency industry have reached new heights. The Housing Development Finance Corporation Ltd [HDFC], the largest private lender in India has been ramping up its efforts in opposition of the country’s cryptocurrency industry. дальше »
2019-4-27 13:00 | |
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India Banning Bitcoin is Becoming Highly Likely, New Bill Introduced
The Indian inter-ministerial committee has drafted a bill to ban cryptocurrencies like bitcoin. Subhash Chandra Garg, the Finance Secretary who led the committee, has previously gone on record to warn of the folly of investing in cryptocurrencies. дальше »
2019-4-26 19:36 | |
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Indian Government 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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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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Japan to Provide G20 With Solution for Crypto Regulation
Japan is preparing to share its experience regarding cryptocurrency regulation with finance ministers and central bank governors from other G20 countries at the upcoming summit which it will host in June. дальше »
2019-4-23 10:05 | |
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Indian Institute of Management Plans Advanced Blockchain and Fintech Course
The Indian Institute of Management, (IIM) has joined forces with TalentSprint, a digital platform involved in placement of banking workers, teachers, and technical education, to roll out an advanced programme in financial technology (fintech) and blockchain technology for management and finance professionals, this according to local news source The Asian Age on February 27, 2019. дальше »
2019-3-1 00:00 | |
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Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation
An Indian government-supported blockchain summit is drawing many policy makers with the aim to speed up the development of cryptocurrency regulation in the country. Among expected participants are officials from the Indian Ministry of Finance and the panel currently tasked with drafting the regulatory framework for cryptocurrencies. дальше »
2019-2-15 08:35 | |
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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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Thai Crypto Exchange Determined to Stay Open After SEC Orders Shutdown
The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. дальше »
2019-1-17 08:25 | |
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Malaysia Starts Regulating Cryptocurrencies Today
Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. дальше »
2019-1-15 08:08 | |
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India Stalls Cryptocurrency Regulations, Uncertainty Continues
India’s government has continued its “undecided” stance on regulation around the cryptocurrency ecosystem. No timeline was promised by Pon Radhakrishnan, the Minister of State Finance, for enacting legislation, even in the December 28, 2018 meeting. дальше »
2019-1-1 23:25 | |
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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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Indian Finance Minister Receives Government Recommendations For Crypto Regulations
With the submission of a government report to India’s finance minister, the country may be closer to regulating cryptocurrency.
дальше »2018-12-11 00:34 | |
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Indian Ministry of Finances Files Counter Affidavit On Cryptos In Supreme Court
The situation for cryptos continues to be tense in India as there is no certainty about their future. Now, the Indian Ministry of Finance has filed a counter affidavit now to petition for “concerned citizens” will be important in the definition of the future of cryptos in India. Last year, when cryptos were starting to […] дальше »
2018-12-6 22:16 | |
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Ministry of Finance Files Counter Affidavit on Cryptocurrencies in Supreme Court
In what will come as a temporary respite, the Indian Ministry of Finance has filed a long overdue counter affidavit to the petition filed by concerned citizens. On October 25, 2018, the Supreme Court of India had directed the counsel of the Union of India to file a counter affidavit about regulations on cryptocurrencies. дальше »
2018-12-5 14:00 | |
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Indian Government to Draft Cryptocurrency Regulation Next Month
The Indian government is reportedly getting ready with draft regulations on cryptocurrencies next month. The finance ministry set up a panel in November 2017 for the purpose of preparing a regulatory framework on the issue, but the central bank has created a hostile environment for digital currency trading platforms in 2018. дальше »
2018-11-21 02:00 | |
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WazirX Exchange CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In India
WazirX CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In The Country There are currently ten cryptocurrency exchanges in India with a user base of 5 to 6 million. In October, India’s finance minister Arun Jaitley had a crucial meeting with industry stakeholders. дальше »
2018-11-20 22:41 | |
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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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Major Indian Crypto Exchange CEO Openly Asks Gov’t to Regulate Crypto
Nischal Shetty, the CEO of Indian crypto exchange WazirX, has reached out to a top lawmaker to look into the regulation of Bitcoin and similar digital assets. The blockchain entrepreneur requested India’s finance minister Arun Jaitley to focus more on crypto’s potential benefits than its minimalistic misuses. дальше »
2018-11-20 03:00 | |
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Indian official suggests ban on private cryptocurrencies
According to a report published by the Indian government press center on October 31, India’s secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies”. дальше »
2018-11-1 09:36 | |
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Indian Cryptocurrency Regulations Likely to Materialize in December 2018
While the Indian Government has plans to adopt blockchain technology, the much-awaited Indian cryptocurrency regulations will take place later in 2018. It is also important to note that the finance ministry panel is evaluating the proposal to consider blockchain and cryptocurrencies separately. дальше »
2018-8-14 08:00 | |
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Indian Crypto Regulation is ready by September: officially
News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. дальше »
2018-7-23 19:41 | |
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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 Regulators May ‘Unban’ Cryptocurrency Trading Soon
The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian. дальше »
2018-7-13 16:00 | |
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