Relief For Crypto Community As India’s Central Bank Sets The Record Straight On Cryptocurrency Ban

In April 2018, the Reserve Bank of India (RBI) asked local banks to stop providing services to cryptocurrency exchanges and related businesses, subsequently halting fiat-to-crypto trading in the country.

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India: RBI Instructs Banks to Provide Uninterrupted Crypto Trading Services to Customers

India’s central bank clears ambiguity over crypto regulations in the country. Banks Can’t Advise Against Trading in Crypto In a tweet posted today, the Reserve Bank of India (RBI) cleared clouds of confusion regarding the regulatory nature of cryptocurrencies in India.

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India’s Central Bank Orders Uninhibited Crypto Trading

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BSCTrades: All-in-one Trading Platform to Enhance Trading Performance

Patna, India / 7 May 2021 / All-in-one trading platform BSCTrades launches two very important tools in the form of the limit order tool and token launch sniper.  BSCTrades is the all-in-one trading platform that integrates the best trading practices and tools to help traders on its platform, and to make the most of the … Continued The post BSCTrades: All-in-one Trading Platform to Enhance Trading Performance appeared first on BeInCrypto.

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India’s Crypto Ban Implementation Will Now Be Decided By Individual Banks

The National Payments Corporation of India (NPCI) – an umbrella organization in charge of operating retail payments and settlement systems in India – has made a decision not to place a ban on crypto trading in India, leaving it to banks to make that choice according to their various inclinations. This public revelation is necessary […]

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Dogecoin gave this Indian exchange a 'ruff' time: what went wrong?

Dogecoin, without a doubt, gave one of India's largest crypto trading platforms a "ruff" time with its price surge. Did the exchange bite more than it can chew? On May 4, WazirX, a prominent IndianThe post Dogecoin gave this Indian exchange a 'ruff' time: what went wrong? appeared first on AMBCrypto.

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Dogecoin Demand Crashes India’s Largest Crypto Exchange

India’s largest crypto exchange by trading volume, WazirX, has been struggling to meet the skyrocketing demand for Dogecoin. The post Dogecoin Demand Crashes India’s Largest Crypto Exchange appeared first on BeInCrypto.

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Undeterred By Central Bank Scare Tactics Crypto Trading Is Booming In India

According to a local media source, crypto trading in India is on the rise. This comes as the Indian government is mulling over a ban on private digital currencies, which they say is necessary to protect investors.

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How to buy Bitcoin in India [2021] – 7 Top Indian Exchanges

Unlike many other countries in Southeast Asia and the Asian subcontinent that opted to ban trading or even owning Bitcoin, the Reserve Bank of India (RBI) barred regulated institutions such as banks from dealing in crypto assets.

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Why India’s Proposed Bitcoin Ban Will Be Downright Ineffective

It’s been a season of legal ambiguity for the Indian cryptocurrency community, but the road ahead is looking less hazy as the latest development from the Indian Crypto trading scenes implies that the proposed Crypto-ban has done little to dissuade trading and investment interest in independent digital currencies like Bitcoin and Ethereum. Hence, a building […]

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Despite no laws, Indian minister says traders must pay taxes on Bitcoin

An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The post Despite no laws, Indian minister says traders must pay taxes on Bitcoin appeared first on CryptoSlate.

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Indian government mulls banning crypto exchange IPs

At a period when cryptocurrency trading in India remains uncertain, the government is considering blocking the internet protocol (IP) addresses of crypto exchanges and sites dealing with crypto assets.

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Domino Effect: Is India The Start Of Weaker Governments Banning Bitcoin?

This week, it was revealed that India would seek to impose some of the most stringent rules globally on cryptocurrencies, banning citizens from owning, trading, transferring, or mining assets like Bitcoin and altcoins.

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India to take a "calibrated" approach regarding crypto acc. to FM

The Indian cryptocurrency users seem to have found hope at the end of the tunnel when Finance minister Nirmala Sitharaman spoke about taking a "calibrated" approach with regards to crypto trading in tThe post India to take a "calibrated" approach regarding crypto acc. to FM appeared first on AMBCrypto.

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India Banning Cryptocurrencies Could Backtrack the Nation in Financial Innovation

India changed a banking ban on crypto trading in March 2020. The government has openly spoken about introducing its cryptocurrency while banning others in the unknown Crypto and Regulation of Official Digital Currency 2021 Bill.

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Report: India Prepares Bill To Ban Cryptocurrency; HODLers to Be Given Transition Period

An anonymous Indian official has said the country’s parliament will soon impose a blanket ban on crypto trading, mining, and investments in the country and give hodlers three-to-six months to liquidate.

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India: New Bill Seeks to Introduce CBDC, Ban ‘Private’ Cryptocurrencies

India continues to see-saw its stance toward cryptocurrencies. India Mulling Banning ‘Private’ Cryptocurrencies, Launching CBDC According to the Lok Sabha Bulletin published on January 29, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, aims to stop the trading of digital currencies in India.

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India Would Ban Private Cryptocurrencies Under Proposed Legislation

A ban on cryptocurrency trading had been in effect for almost two years before it was overturned by the Supreme Court in March 2020.

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Indian Crypto Exchange, CoinDCX, Launches User-Friendly Mobile Trading App

The cryptocurrency industry in India is one of the largest in the world. With a government that has relaxed its industry policies, many exchanges and crypto-based organizations are expected to grow in the country.

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India to introduce an 18% Bitcoin trading tax

Less than a year ago, India’s Supreme Court decided to overrule the central bank’s decision to forbid all other banks in the country to serve crypto businesses. With this rule revoked, the country’s crypto industry began to flourish, which led the government to the idea of introducing crypto taxes.

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India considers proposal to tax Bitcoin transactions at 18%

The Indian Government has moved towards potentially implementing a tax of 18% on Bitcoin trading in the country. According to reports, the central government is currently weighing a proposal to impThe post India considers proposal to tax Bitcoin transactions at 18% appeared first on AMBCrypto.

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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.

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CryptoBiz Exchange Launches in India

Recently, cryptocurrency trading in India has spiked and grown at an unprecedented level. As the Bitcoin rallies and grows strength by strength, the Indian crypto community has multiplied and with this, a fair and regulated market has been on the top of their demands.

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Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What’s Driving Massive Growth

The Indian cryptocurrency industry is experiencing massive growth. New traders are flooding crypto exchanges, executives from four of the largest crypto trading platforms in India exclusively told news.

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Bitcoin: India P2P volume close to overtaking China

The increasing value of Bitcoin [BTC] has given a nudge to many traders snoozing during the low volatility period. The coin's current trading value of over $15K  has enabled significant profits for BThe post Bitcoin: India P2P volume close to overtaking China appeared first on AMBCrypto.

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OKEx Resumes P2P Trading in China and India

While withdrawals remain suspended, OKEx is reportedly resuming sporadic services on the peer-to-peer (P2P) trading front. OKEx says it decided to restart limited P2P trading services following reports of rogue actors attempting to lure users to off-escrow marketplaces.

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India, Blockchain and Crypto

As the cloud of uncertainty hangs over the possible crypto trading ban in the country, the Indian government is keen on its underlying technology and...

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Ripple CEO Brad Garlinghouse Disappointed with Proposed India Crypto Trading Ban

Coinspeaker Ripple CEO Brad Garlinghouse Disappointed with Proposed India Crypto Trading BanAccording to Garlinghouse, with its crypto ban, India is likely to miss out on a technology that can serve its huge population with much ease and fairness.

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Blockchain Bites: The SEC’s Chilling Effect on Crypto Development

A slew of regulatory happenings are in the works: a Bahamian CBDC, a potential ban on crypto trading in India and a plan to unify state banking compliance standards across the U.S.

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India plans to ban cryptocurrency trading for the second time

India is about introducing a new law that will ban cryptocurrency trades in the country. This will be going out of place with other Asian countries who have decided to keep the market but provide a regulatory framework instead.

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India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears

Despite much anticipation, the Indian cryptocurrency bill is not included in the list of bills to be introduced in the current session of parliament. Meanwhile, a new report of India’s government planning to ban cryptocurrency trading has emerged.

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India on the Brink of Possible Cryptocurrency Trading Ban

As of late, most news coming out of the crypto space seems to be good news. New investors are coming on board and the markets have seen strengthening fundamentals and technicals. But there is something brewing in India that threatens to take the market backward, seemingly following in the footsteps of China’s on-again, off-again policies.

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Ripple CEO Slams India?s Decision to Ban Cryptocurrency Trading

Ripple CEO Brad Garlinghouse has criticized India's government for its plan to curb cryptocurrency trading

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Indian Government Looks to Ban Cryptocurrency Trading With New Law

India is not new when it comes to harsh and unfriendly cryptocurrency laws. Now, Bloomberg reports that the country is set to introduce a new law which will ban cryptocurrency trading within its borders.

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India’s Bitcoin Revival May Be Short-Lived as Government Mulls New Ban

The Indian government is planning to ban cryptocurrency trading in the country, which would stymy all progress made since March of this year.

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India Said to Be Preparing to Ban Cryptocurrency Trading: Bloomberg

The federal cabinet is expected to shortly discuss a new bill before passing it to the parliament, people familiar with the matter told Bloomberg.

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Crypto surges in India after Bitcoin ban lifted

On March 5th 2020, India's Supreme Court lifted Indian’s cryptocurrency ban. In the months since, Indian crypto exchanges have seen a huge surge in trading volumes and investment despite a significant contraction of the Indian economy caused by Covid-19

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India: Binance P2P supports Paytm now

The period of altseason has been predicted by many and there has been growing interest visible for crypto. Binance recently added Indian Rupees [INR] on its peer-to-peer trading platform to attract InThe post India: Binance P2P supports Paytm now appeared first on AMBCrypto.

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Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report

India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India.

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OKEx Enters India with Peer-to-Peer Crypto Trading Platform

The global crypto exchange and trading platform, OKEx has launched a P2P crypto trading platform in the world’s second most populous country with huge untapped market potential. Targeting the crypto community in India, the new platform allows users to purchase cryptocurrencies with INR at zero transaction fees.

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Bitcoin P2P Trading Soars in India as New Exchange Launches

Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law.

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OKEx Rolls Out A P2P Crypto Exchange in India With Zero Transaction Fees

The popular Malta-based spot and derivatives exchange – OKEx – has been eyeing the Indian crypto market for some time, and has now announced its plans to launch a peer-to-peer crypto exchange in India with zero trading fees.

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Latest Update on India’s Proposed Law to Ban Crypto Trading

A proposed government ban on cryptocurrency trading is back on the cards after an anonymous official said on Tuesday that authorities will soon propose a new law. The move is seen as a blow to the country’s crypto investors, despite a supreme court decision earlier this year to lift a central bank crypto ban.

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‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk

Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news. Bitcoin. com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services.

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Bitcoin Tops $11,000 Reigniting Interest in India

A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges.

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P2P Bitcoin Volume Skyrockets – India Takes Lead

Bitcoin peer-to-peer (P2P) trading has hit new all-time highs in 6 countries this week, with India taking the lead. The top countries are India with $3. 4 million, Ghana with $1. 7 million, the Philippines, and Argentina with $1 million each, Mexico with $700,000 and Egypt with $150,000.

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Tata Consultancy Launches Crypto Trading Solution for India’s Financial Firms

India's crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading.

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Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers

Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on two stock exchanges in India.

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India’s Largest IT Firm Launches Crypto Trading Service Geared toward Institutional Investors

In a press release issued today, Indian multinational information technology (IT) service and consulting company Tata Consultancy Services (TCS) announced the launch of ‘Quartz Smart Solution for Crypto Services’ to enable institutional investors to diversify their portfolio into cryptocurrencies and digital assets.

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