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CoinDCX becomes first bitcoin exchange in India to integrate bank transfers
India-based bitcoin and cryptocurrency exchange CoinDCX, today announced that it is now the first cryptocurrency exchange in India to integrate bank account transfers. This comes as the Reserve Bank of India (RBI) lifted a ban on the crypto industry following a Supreme Court ruling. дальше »
2020-3-5 19:44 | |
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Supreme Court of India Quashes Bitcoin Ban in an Historic Decision
India is perhaps free afterall as a clash between central bankers and the elected ended in favor of the crypto industry. The three judges of the Supreme Court of India... The post Supreme Court of India Quashes Bitcoin Ban in an Historic Decision appeared first on Trustnodes. дальше »
2020-3-5 18:56 | |
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Why India’s unban of crypto isn’t triggering a Bitcoin rally like 2019’s “Xi Pump”
India’s Supreme Court released the long-awaited ruling on the crypto ban imposed by the Reserve Bank of India (RBI) in favor of the cryptocurrency industry. Yet, despite the optimism surrounding the decision, the Bitcoin price is showing no signs of an immediate upsurge. дальше »
2020-3-5 13:08 | |
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Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. дальше »
2020-3-4 08:49 | |
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India’s National Blockchain Strategy Draft Calls On RBI To Release A Central Bank Digital INR
The National Institute for Smart Governance (NISG), a non-profit body launched by the government of India, releases its draft strategy on blockchain and cryptocurrencies. According to the official draft, the government of India should work towards releasing a central bank digital currency (CBDC), and a governing body to regulate the blockchain industry. NISG drafts blockchain […] дальше »
2020-1-29 21:14 | |
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India: National Blockchain Policy Stakeholders Emphasize the Importance of DLT Regulations
According to a report by The Economic Times published on January 28, 2020, India’s National Institute for Smart Governance (NSIG) – a public-private body promoted by the Central government and software industry lobbying group NASSCOM – has recommended that laws and regulations should cater to the functions performed by technologies such as blockchain and notRead MoreRead More. дальше »
2020-1-29 02:30 | |
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India needs to ease regulations around FinTech, according to this lawyer
Prathiba Jain, Founder and New Delhi Head of the Nishith Desai Associates, spoke at "Anti-Money Laundering and Counter-Terrorist Financing (AMLCTF) System in Modern FinTech Industry", at the World EcoThe post India needs to ease regulations around FinTech, according to this lawyer appeared first on AMBCrypto. дальше »
2020-1-26 13:00 | |
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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-22 16:05 | |
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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-22 16:05 | |
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Crypto vs RBI Case Heats Up at Indian Supreme Court as RBI Begins Arguments
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-23 16:05 | |
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What’s Going to Happen with Bitcoin in India in 2020?
Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation, will 2020 be any better? BITCOIN BATTLING IN INDIA The Reserve Bank of India (RBI) has been relentless with its disapproval towards bitcoin and the crypto industry over the past couple of years. дальше »
2020-1-7 12:16 | |
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India’s Unclear Regulations Leave Blockchain And Crypto Startups In Dismay, Is There Still Hope?
The year 2019 hasn’t been so great for the Indian blockchain and crypto industry, seeing favorable regulations haven’t been circulated and central banks have had a hostile attitude. At the beginning of the year, some crypto exchanges have shut down, not to mention there have been many layoffs. дальше »
2019-12-9 19:07 | |
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Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In
As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News. Bitcoin. com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India. дальше »
2019-8-7 09:35 | |
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Optimism Dwindles as Indian Finance Minister Evasive on Crypto Ban Bill
The crypto industry in India is still in limbo this week while politicians acknowledge the proposed ban bill but remain evasive. The shift from regulation to blanket ban has sent shock waves through the nascent industry in the world’s second most populous country. дальше »
2019-7-31 16:00 | |
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India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies
The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019. дальше »
2019-7-31 11:00 | |
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Indian Finance Minister Addresses Crypto Proposal – Industry Responds
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete. дальше »
2019-7-31 10:15 | |
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India is not Banning Cryptocurrency After all Despite Negative RBI Stance
There have been a lot of interesting cryptocurrency-related developments in India over the past few years. Primarily the confusion regarding the regulation of the industry or even potentially banning it has created a few interesting debates. дальше »
2019-7-23 00:00 | |
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Bitcoin Still Legal In India; Crypto Regulation in Works
Bitcoin will remain legal in India while the government works on regulations, a minister has said in new positive comments on the fate of the industry. Finance Minister: Bitcoin Regulations Coming Responding to a request for clarity on the state’s view of cryptocurrency, Anurag Thakur, India’s Minister of State for Finance & Corporate Affairs, firmly denied any token was illegal. дальше »
2019-7-19 10:59 | |
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Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News. Bitcoin. com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. дальше »
2019-7-16 10:15 | |
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Crypto in India endangered? Extended section of ‘draft bill’ circulated on social media
The idea of virtual assets and blockchain has prospered in the West but on the other side of the world, not so much. India has been one of the major countries in Asia that has dented the progression of the crypto industry with regulations. дальше »
2019-7-15 11:30 | |
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Binance and Vertex Launch Fiat-to-Crypto Exchange in Singapore
Binance cryptocurrency exchange has announced the public launch of Binance Singapore, a fiat-to-crypto exchange that allows residents to buy and sell bitcoin (BTC), ether (ETH) and Binance coin (BNB) with Singapore dollars (SGD). дальше »
2019-7-11 20:00 | |
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Government of India on the wrong side of history, says CoinRecoil CEO in an open letter to PM Modi
Zebpay, Coindelta, CoinRecoil, and Koinex are some of the cryptocurrency exchanges that have been relegated to the ash heaps of the Indian government’s crackdown against the growing domestic digital assets industry. дальше »
2019-7-2 10:30 | |
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India’s Largest Crypto Exchange Shuts Down Over Proposed Ban
Koinex, the crypto exchange which was once the largest in India by volume, is shutting down due to regulatory pressure, officials have confirmed. Koinex Blames ‘Uncertainty And Disruption’ In a blog post issued June 27, Rahul Raj, CEO of Koinex, said the company had no option but to suspend trading indefinitely. дальше »
2019-6-27 11:00 | |
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Economic Times Implores On Indian Authorities To Embrace Cryptocurrencies, Not Block Bitcoin
Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country. дальше »
2019-6-26 00:01 | |
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Facebook’s Libra Cryptocurrency May not Launch in India
Facebook’s newly-unveiled cryptocurrency, Libra, will not be launched in India due to the country’s strict anti-crypto regulations, a person close to the matter told The Economic Times, June 20, 2019. дальше »
2019-6-21 22:57 | |
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Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes
It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […] дальше »
2019-6-17 16:53 | |
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Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed
Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. дальше »
2019-6-11 09:22 | |
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Leaked Details of India’s Cryptocurrency Bill Analyzed
Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. дальше »
2019-6-11 09:22 | |
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Indian Government’s Crypto “FUD” Is Unlikely to Cease
The newly formed Indian government, led by Prime Minister Narendra Modi, is unlikely to change their stance on cryptocurrencies despite optimistic viewpoints from local industry leaders. The previous task force recommended a blanket ban, but the newly set up committee has started their research afresh, as reported by Quartz India, June 4, 2019. дальше »
2019-6-4 20:00 | |
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Scams in the Cryptocurrency Industry: How is it affecting Bitcoin Price?
Cryptocurrencies are complicated, very confusing to new users and lightly regulated — all of which makes them an ideal target for scammers. Amit Lakhanpal is one of four men who has been accused of stealing $71. дальше »
2019-6-1 00:01 | |
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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-24 07:45 | |
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Supreme Court Advocate Suggests How to Regulate Crypto in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-25 07:45 | |
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India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 13:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban
India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 02:47 | |
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India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework
In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto. дальше »
2019-5-17 20:30 | |
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Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox
NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […] дальше »
2019-5-16 20:28 | |
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Facebook will launch Libra in India
Facebook took away a ban on posting information about the blockchain and cryptocurrencies of an “educational nature” (industry news). Together with the plans to launch its own stablecoin, this indicates a serious long-term interest of Mark Zuckerberg to the cryptoindustry. дальше »
2019-5-10 14:23 | |
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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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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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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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Emphasis Ventures (EMVC) VC Fund Founder Finds Affinity with India’s Growing FinTech Sector
Melissa Frakman, the founder of Emphasis Ventures Capital Fund (EMVC), recently admitted the Indian fintech industry is highly addictive. She said this at an interview with YourStory, a media platform that focuses on business news. дальше »
2019-4-18 19:16 | |
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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: Despite the Uncertain Future, One Man Is Spearheading the Fight for Cryptocurrency Regulations
India’s embryonic crypto industry continues to backpedal as on March 29, 2019, the country’s apex court postponed the hearing on cryptocurrency regulations until the second week of July. One Man, 153 Days The reluctant stance from both the government and the judicial bodies has without a shadow of a doubt stunted the growth of theRead MoreRead More. дальше »
2019-4-5 01:00 | |
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Google’s India lead, Rajan Anandan, is leaving the company
Rajan Anandan, Google‘s vice president for South East Asia and India, is leaving the company after eight years. Anandan has been in charge of or involved in numerous major projects at the firm for one of its largest markets. дальше »
2019-4-2 09:41 | |
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It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges
On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. дальше »
2019-4-1 15:15 | |
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