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India is Estimated to Lose $13 Billion Market if Government Bans Crypto
Coinspeaker India is Estimated to Lose $13 Billion Market if Government Bans CryptoOn the wake of India’s proposed cryptocurrency ban, it has been estimated that the country will lose an almost $13 billion market if it follows through with the ban. дальше »
2019-8-9 16:12 | |
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Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion
дальше »2019-8-9 04:50 | |
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India set to lose $12.9 billion worth of market if they proceed to ban crypto
The rumors about the Indian government planning to put a blanket ban on cryptocurrencies finally turned out to be true. The official report along with the draft bill from the interministerial committee tasked at formulating the framework for crypto use was released on July 22, a day before the Supreme Court was scheduled to hear […] The post India set to lose $12. дальше »
2019-8-8 20:00 | |
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3 Central Banks Shock The Market With Aggressive Rate Cuts; Yuan Crashes, Gold And Bitcoin Rallying
Central banks in Asia-Pacific region— New Zealand, India, and Thailand, announced interest rate cuts in a surprisingly aggressive manner on Wednesday, furthering a global trend of monetary policy easing. дальше »
2019-8-8 16:45 | |
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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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Reliance Jio becomes India’s largest mobile carrier with 331 million subscribers
Three years ago in September 2016, Reliance, an Indian conglomerate with a market cap of some $115 billion, launched a new mobile carrier and broadband network in India called Jio. Today, it’s become the largest telco operator in India surpassing old horses like Bharati Airtel and Vodafone-Idea. дальше »
2019-7-29 09:03 | |
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A ban may not stop people from trading if market’s bullish, claims CEO of Indian cryptocurrency exchange
India’s crypto-community breathed a sigh of relief when India’s Minister of State for Finance, Anurag Singh Thakur, said that cryptocurrencies were not prohibited in India, in response to a question in India’s parliament. дальше »
2019-7-20 20:30 | |
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Indian Government’s Crypto Ban Results In Facebook Canceling Libra Launch In The Country
India had been considered to be the perfect market to launch Facebook’s cryptocurrency Libra. The social media giant’s users in India have doubled since 2015 to about 310 million and are forecast to surge to around 440 million by 2023. дальше »
2019-7-11 23:01 | |
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Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing
Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market. дальше »
2019-7-10 16:23 | |
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Reserve Bank of Australia faults Bitcoin over miner’s fee and transaction costs
Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market. дальше »
2019-6-21 18:15 | |
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Facebook’s Libra Coin May Not Be Launched In India, Facebook’s Biggest Market
This week, the world stopped and gasped at the announcement of Facebook’s Libra, the cryptocurrency created by the company and set to be launched next year. However, it seems that the biggest market for Facebook will not be available during the launch next year, according to a new report made by the Economic Times (ET). […] дальше »
2019-6-21 04:51 | |
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Facebook may pull-out Calibra from India, world’s largest WhatsApp market; early warning signs?
It’s been less than 48 hours since Facebook unveiled its “cryptocurrency” Libra, which will operate on a private blockchain and have its own wallet. With the fiat currency-backed digital asset a year out from its official 2020 launch, the social media giant seems to have met its first major roadblock. дальше »
2019-6-20 17:30 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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India Looks to Impose Harsh Crypto Legislation, Market Shift Expected
India’s anti-bitcoin lawmakers have proposed a law that prohibits citizens from possessing, trading or profiting from bitcoin-related ventures which include mining. The “Banning Cryptocurrencies and Regulation of Official Digital Currency… The post India Looks to Impose Harsh Crypto Legislation, Market Shift Expected appeared first on CoinCentral. дальше »
2019-6-11 17:46 | |
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John McAfee Summons ‘Anonymous’ Hackers to Combat The Current Crypto Ban In India
John McAfee, the recognized figure in the crypto market, has sent a few messages regarding the current situation that cryptocurrencies are experiencing in India. Indeed, he called hackers to take action now that Bitcoin is forbidden in the country. дальше »
2019-6-8 01:07 | |
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New Swiss blockchain accelerator partners with swissnex India
CryptoNinjas BLOCKCHAIN PROPULSION, a newly launched Swiss-based accelerator program based in the Crypto Valley (Zug), announced today it has partnered with swissnex India to provide Swiss startups a launchpad in India’s digital market. дальше »
2019-6-6 18:59 | |
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Bitcoin Will be Much More Expensive in India Under Modi’s Government
By CCN: The re-election of Narendra Modi as India’s prime minister is going to make bitcoin trading come with a premium in the country. It is partially due to a full-fledged trading market that went underground abruptly owing to a blanket ban announced by the Reserve Bank of India (RBI). дальше »
2019-6-5 10:18 | |
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Facebook to Pilot its Stablecoin in India Amid Ambiguous Crypto Regulations
Facebook is planning to pilot test its stablecoin in the India despite the country’s unwelcoming stance towards digital currencies. Unidentified sources told that the country still has room for expansion, reported Business Insider, May 10, 2019. дальше »
2019-5-10 18:00 | |
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Ripple-Saudi British Bank partnership, Tron DApp Weekly Report, Bitcoin regains market dominance, and more
Crypto News – 27 April – Ripple-Saudi British Bank partnership, Tron DApp Weekly Report, Bitcoin regains market dominance, and more Do follow us for our daily video#Ripple #XRP #Tron #TRX #Bitcoin #BTC #SABB #CryptoNews pic. дальше »
2019-4-27 19:00 | |
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Ripple Tapping into a Big Remittance Market by Launching a New Corridor via SABB
A new corridor has been added to the already vast list of Ripple’s corridors that it is pushing its products into. The new fast and cost-effective corridor is India and Saudi Arabia as revealed by Navin Gupta at the Forest Stewardship Council (FSC) 2019. дальше »
2019-4-26 17:44 | |
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India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox
By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. дальше »
2019-4-19 14:13 | |
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Tech Mahindra joins hands with Samsung SDS to use its Nexledger blockchain to explore global markets
Samsung SDS and Tech Mahindra joined forces to enter the overseas blockchain market. Samsung’s system integration arm, SDS, aims to expand the use of its Nexledger blockchain platform in India, the United States, and Europe, reported Korea Times. дальше »
2019-4-15 14:30 | |
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Samsung SDS Forays into India’s Blockchain Market with Its Nexledger Platform
Coinspeaker Samsung SDS Forays into India’s Blockchain Market with Its Nexledger PlatformSamsung SDS and Tech Mahindra are joining forces to bring Samsung’s blockchain platform called Nexledger to new markets. дальше »
2019-4-15 11:20 | |
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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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Ripple Inc Partners with A $19 Billion Bank With 8 Million Customers
Ripple Inc now has a partnership with Federal Bank, a 70-year old Indian bank with $19 billion in asset and 8 million customers. There are no details as to whether the bank will leverage xRapid or xCurrent in their grand plans of increasing their remittance market share in India. дальше »
2019-3-29 15:10 | |
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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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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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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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Wazirx Crypto Exchange Expands Its Automated Peer To Peer Matching Engine Service Globally
India’s Crypto Exchange, Wazirx, Expands Its P2P Automated Service Globally! India based crypto exchange, Wazirx, is set to expand its services to more countries as a solution to the strict banking policies towards the cryptocurrency market. дальше »
2019-3-12 01:20 | |
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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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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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Moonday Mornings: Japanese ecommerce giant Rakuten may be getting into cryptocurrencies
With Bitcoin up 2. 7 percent over the past week, the cryptocurrency market closed in the green this weekend. But is the trend here to stay or are the bears coming to leave investors bleeding yet again? Let’s take a look at the news and find out. дальше »
2019-2-18 13:09 | |
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Asus’ $190 ZenFone Max M2 Pro offers tremendous battery life – but little else
In India’s fast-growing mobile device market, phones priced between Rs 10,000-15,000 ($150-230) sell like hot cakes. In the past couple of years, Xiaomi has been a top choice for customers in the country buying a new device in that range. дальше »
2019-2-13 14:43 | |
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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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Campaign For Cryptocurrencies Passes 100 Days With Growing Support In India
Campaign For Cryptocurrencies Passes 100 Days With Growing Support In India The Indian cryptocurrency market has been affected by a very hard regulatory stand taken by the local government. However, a social media campaign for positive cryptocurrency regulation has received a lot of support from the crypto community. Despite the banking restrictions that apply to […] дальше »
2019-2-10 22:57 | |
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Venezuela Did More P2P Bitcoin Trading Than Canada and India Combined in 2018
According to data scientist Matt Ahlborg, LocalBitcoins trading data concludes that Venezuela did more peer-to-peer Bitcoin trading in 2018 than Canada, India, and Australia combined. Venezuelan trading topped $235 million. дальше »
2019-2-9 11:16 | |
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Exploring the Blockchain Development as a Service Industry [Interview]
In the wake of the 2017 market boom, hundreds of blockchain tech consultancies sprung up to service the overwhelming amount of investment that entered the cryptocurrency space. These companies are often based out of places with low median incomes per capita, taking advantage of cheap development costs in places such as India and Eastern Europe. дальше »
2019-2-4 13:23 | |
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India: Accel India Invests $1 Million in Blockchain-Based Loan Facilitating Startup
According to a report by VCCircle published on January 31, 2019, venture capital firm Accel India has invested $1 million in startup StreamSource, a blockchain-based marketplace for unsecured personal loans. дальше »
2019-2-2 02:00 | |
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Samsung is prepping M-series budget phones to battle its Chinese rivals in India
After playing second fiddle to Chinese rival Xiaomi in India’s burgeoning smartphone market in 2018, Samsung is set to fight back with a new line of budget-friendly handsets. The company will introduce a new M-series of phones on January 28 in India. дальше »
2019-1-14 09:31 | |
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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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RBI Stalls Creation of Indian Cryptocurrency
According to multiple news reports doing the rounds in India, the Indian Central Bank; the Reserve Bank of India, has stalled its plans of releasing its own cryptocurrency. The most recent report claiming the same was on Business Line on 1st of January. дальше »
2019-1-3 12:22 | |
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Indian crypto exchange Wazirx is seeing record trading volumes despite regulatory uncertainty
Indian cryptocurrency exchange Wazirx says it is seeing record trading volumes despite a number of conditions that dampen trader sentiment such as the crypto banking ban imposed by the country’s central bank, the Reserve Bank of India (RBI), Bitcoin. дальше »
2018-12-26 09:54 | |
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Facebook May Launch a Stablecoin to Target India’s $69 Billion Remittance Market
Cryptocurrency’s first killer application may be well on its way from the rosters of Facebook, a company ironically known for practices contrary to the ethos of decentralized currencies and blockchains, reported South China Morning Post on December 21, 2018. дальше »
2018-12-22 15:00 | |
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Facebook Wants to Mint Its Own Stablecoin for WhatsApp
Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is supposedly the remittance market in India. дальше »
2018-12-21 13:00 | |
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Breaking: Facebook Develops Its Own Cryptocurrency for Remittances
CoinSpeaker Breaking: Facebook Develops Its Own Cryptocurrency for Remittances Facebook is reportedly working on developing its own stablecoin, which initially will be focused on the remittances market in India where it will enable users to transfer money via a dollar-pegged cryptocurrency on WhatsApp. дальше »
2018-12-21 12:28 | |
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Facebook is Developing a Stablecoin to Power Remittances on Whatsapp
News reaching Ethereum World News indicate that facebook is developing a stablecoin to let users transfer money on its WhatsApp messaging App (Whatsapp was acquired by facebook back in 2014). The team at facebook will first focus on the market in India with this new concept and service. дальше »
2018-12-21 12:01 | |
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