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Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed?

As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz. дальше »

2021-9-3 17:56


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Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year

Indian households are known for their affinity for gold but 2020 brought in a notable shift in investment allocation. While Indians own more than 25,000 tons of gold, investments in cryptocurrencies soared from about $200 million to almost $40 billion in the past year despite a proposed trading ban and outright hostility toward the asset […] The post Are cryptocurrencies the new gold in India? Investors bought $40B in cryptos last year appeared first on Invezz. дальше »

2021-6-28 16:25


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Decentralized Gaming Platform DeFi11 Eyes Expansion After $3.5M Raise

PRESS RELEASE. DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding. 17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% […] дальше »

2021-6-18 00:00


India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report

After years of India's hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India's Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin's classification as an asset class. дальше »

2021-6-11 20:30


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India Rethinking Anti-Crypto Stance, Likely to Set Up Panel to Suggest Regulations

In what could be a major development, the Indian government is rethinking its stance on the country’s fledgling but promising crypto industry. Official sources have informally confirmed that the government is planning to set up a new committee to study the latest developments in the field of cryptocurrencies and blockchain technology and suggest proper regulations. […] дальше »

2021-5-21 16:14


Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations

The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »

2021-5-19 15:51


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Terra (LUNA) price analysis for March

Bitcoin (BTC) price is leading the crypto market lower on rumours that India is considering a crypto ban. Fundamental analysis: A possible crypto ban in India sends crypto market lower After hitting a new all-time high of more than $60,000, Bitcoin dropped below $55,000 with one of the possible reasons behind this move lower are […] The post Terra (LUNA) price analysis for March appeared first on Invezz. дальше »

2021-3-17 13:37


New Details About India Banning Cryptocurrency Emerge — Crypto Community Sees Mixed Messages

New details have emerged suggesting that the Indian government will go ahead with banning cryptocurrency, in contrast to what the crypto community believes. In her latest interview regarding cryptocurrency legislation, India’s finance minister said that there will be a window for experimentation for cryptocurrency, blockchain, and fintech. дальше »

2021-3-16 13:30


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Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies

Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin. дальше »

2021-3-2 14:15


CryptoBiz Exchange – The new crypto-trading platform that will catch India’s eye

With Bitcoin, the world’s largest cryptocurrency, continuing to consolidate higher on the charts, cryptocurrency trading in India has flourished. The said growth has also fueled a surging boom in InThe post CryptoBiz Exchange – The new crypto-trading platform that will catch India’s eye appeared first on AMBCrypto. дальше »

2020-12-17 12:00