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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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World’s Largest Private Telecom Company Set to Launch Data Management Blockchain, Partners with Microsoft

Reliance Jio, which recently became the largest private telecom company in India and the world, has announced the launch of a proprietary blockchain solution built to improve customer data privacy. In the report by ET Telecom, August 12, 2019, Reliance executive chairman Mukesh Ambani, spoke of the imminent transformation of Jio into a technology companyRead MoreRead More. дальше »

2019-8-13 21:00


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


Bangladesh Government Will Send its Graduates to India & Japan for Blockchain Education Purposes

As per a report released by a Bangladeshi media outlet called ‘The Daily Star’ recently, the country’s government will spend a chunk of its $208 million IT project fund to train local graduates in matters related to crypto and blockchain technology — primarily by sponsoring their studies in institutions located all across Japan and India. […] дальше »

2019-8-5 18:28


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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


RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report

The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »

2019-7-23 16:00


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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »

2019-7-23 20:33


Bitcoin Isn't Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »

2019-7-22 14:47


Bitcoin Isn’t Banned in India, Confirms Minister; That’s Just Half the Picture

  Bitcoin enthusiasts in India have a reason to rejoice – the country’s government hasn’t banned cryptocurrencies, yet. Responding to a question in the Indian Parliament about the status of cryptocurrencies such as bitcoin in India, minister of state for finance Anurag Thakur responded in the negative, according to a report by Inc42. дальше »

2019-7-21 14:47


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Here’s why India wants to build its own WhatsApp and Gmail

The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country. дальше »

2019-6-27 14:22


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


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


Indonesia, Russia, Philippines and India among countries whose citizens actively support budding crypto-projects

Although cryptos are enjoying much needed mainstream attention these days, its use on a global scale is speculated to be led only by a handful of nations. Recent research conducted by EVEN Foundation is aimed at uncovering crypto’s potential users and the current reach of the crypto-market. дальше »

2019-6-21 02:30


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Venture Capitalist: India’s Ban on Bitcoin Will Only Increase Interest in the Country

This week, a report claims that certain government departments across the country are supporting an outright ban on the “sale, purchase and issuance of all types” or crypto including Bitcoin, and could lead to a jail sentence for up to 10-years in prison for using the digital asset class as its intended. дальше »

2019-6-8 04:02


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India wants to make 40% cabs electric by 2026 to meet climate change goals

The Indian government is planning to order rideshare companies like Ola and Uber to convert 40 percent of their fleet to electric vehicles (EVs) by 2026, according to a report from Reuters. According to sources and documents obtained from meetings, the authorities will order the companies to adopt to electric vehicles gradually: 2. дальше »

2019-6-7 11:09