2022-7-5 05:10 |
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet.
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Indian police are investigating the “Datameer” crypto trading app, which allegedly duped at least 700 locals out of inr 10 million. According to a local report, the scheme promised returns of up to 50% to unsuspecting investors who were told…
2024-9-16 13:41 | |
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An Indian crypto exchange and a policy firm have independently made appeals to the government, urging the restoration of access to the national Unified Payments Interface (UPI) for crypto firms.
2023-5-17 20:56 | |
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Indian Finance Minister Nirmala Sitharaman had earlier mentioned crypto would be on the agenda of its G20 Presidency starting next month for an year. On Tuesday she said framing crypto assets would be one of eight priorities that are still in the works.
2022-11-2 13:52 | |
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Indian banks have approached the National Payments Corporation of India (NPCI), the body in charge of the country’s digital payment and settlement system, to get clear instructions on using the Unified Payment Interface (UPI) for crypto transactions.
2022-4-27 04:00 | |
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The Confederation of Indian Industries has proposed new regulations around the nascent crypto market.
2021-12-9 13:47 | |
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The Indian government in a bid to promote systematic crypto transactions in the country has decided to put a lid on reckless crypto ad campaigns. The post Indian government might take action against misleading crypto ads appeared first on CryptoSlate.
2021-11-15 20:00 | |
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Since the inception of Bitcoin (BTC), India’s attitude on cryptocurrency adoption has been a grey area. In what appears to be yet another setback for the Indian crypto community, one of the country’s largest financial institutions, ICICI Bank, has issued a warning to customers not to use its remittance services to invest in any kindRead More
2021-7-14 23:01 | |
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The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies.
2021-3-9 15:30 | |
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The Indian government has again sowed crypto confusion in the country, proposing a new law that will outlaw crypto entirely, while at the same time talking about launching an official digital Rupee. Aditya Das investigates.
2021-2-18 16:00 | |
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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.
2020-12-10 13:15 | |
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Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies.
2019-10-22 13:30 | |
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A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India.
2019-9-12 10:05 | |
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Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill to ban cryptocurrencies is flawed, calling for positive regulation instead.
2019-9-4 11:05 | |
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Indian crypto community has been in a dilemma over the passive approach of the government towards cryptocurrencies, and if going by the local media houses, the finance ministry is planning to propose a law which would ask for a 10-year jail term for those who are dealing with cryptocurrencies, be it trading or holding. However, […]
2019-6-13 20:55 | |
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The Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to news. Bitcoin.
2019-5-12 06:30 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban appeared first on Bitcoin News.
2019-3-25 13:45 | |
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The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation appeared first on Bitcoin News.
2019-3-25 13:45 | |
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Nischal Shetty, the CEO of Indian crypto exchange WazirX, has reached out to a top lawmaker to look into the regulation of Bitcoin and similar digital assets. The blockchain entrepreneur requested India’s finance minister Arun Jaitley to focus more on crypto’s potential benefits than its minimalistic misuses.
2018-11-20 03:00 | |
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Speaking at the inaugural International Blockchain Congress held in India on August 4, 2018, Jaideep Reddy, a prominent Indian lawyer and crypto market advisory specialist, has criticised the anti-crypto stance of the Reserve Bank of India (RBI) which prevents banks from carrying out transactions with crypto-related entities.
2018-8-7 12:00 | |
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Unocoin, a major Indian crypto wallet and exchange, has suspended fiat deposits and withdrawals due to the central bank’s crypto dealings ban
2018-7-24 14:55 | |
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Exchanges “Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled.
2018-7-24 11:41 | |
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News The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India.
2018-7-23 19:41 | |
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Weeks after and four days after the resumption of hearing on the case between the cryptocurrency industry players and the central bank of India, the financial institution has conceded and called for the regulation of the industry in the country.
2018-7-23 18:10 | |
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The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun.
2018-7-23 17:35 | |
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India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. On July 19, the Supreme Court reportedly postponed the final hearing on the RBI’s ban on crypto dealings — originally scheduled for July 20 — to September 11.
2018-7-22 17:22 | |
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Japan Confirms Entrance Into the Crypto Space RBI’s Argument The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies.
2018-7-22 04:49 | |
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India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies.
2018-7-22 02:34 | |
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India is one of the many countries in the world that has placed a stringent ban on cryptocurrency trading, though the market may soon take a turn. Regulations with the Indian Reserve Bank have not changed at all, but that has not stopped KoinEx from bringing forth competition for the LocalBitcoins platform. This innovative project […]
2018-7-21 16:53 | |
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The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will deliver its final judgment on the matter on September 11, 2018.
2018-7-21 01:00 | |
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Regulation India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. Japan Confirms Entrance Into the Crypto Space Supreme Court Hearing on July 20 The long-awaited hearing at which the Supreme Court of India was scheduled to address all of the petitions against the crypto banking
2018-7-21 23:10 | |
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Koinex, a prominent Indian crypto exchange, has launched its peer-to-peer (P2P) service called Loop. Loop is a P2P trading platform for crypto assets transactions using fiat currency (INR). Koinex Loop – An Attempt to Preserve the Crypto Industry in India This step follows the move by another Indian exchange, WazirX, who started their P2P operations earlier.
2018-7-21 23:00 | |
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The Supreme Court of India’s hearing on the central bank’s ban on crypto dealings, originally scheduled for July 20, has been moved to September, according to a July 19 Twitter post by a team of Indian lawyers involved in crypto regulatory analysis.
2018-7-21 22:50 | |
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India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions.
2018-7-21 17:15 | |
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India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions.
2018-7-20 17:15 | |
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The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto.
2018-7-20 15:08 | |
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Two weeks after the Reserve Bank of India’s circular regarding cryptocurrency came in to play, the Indian cryptocurrency community gears up for its first signs of reproach, as the Supreme Court of India resumes hearings on the petition filed against the central bank.
2018-7-20 13:14 | |
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Today (July 20, 2018) is an important day for the Indian cryptocurrency market as the Supreme Court resumes its hearing on the suit filed by crypto exchanges against the ban by the Reserve Bank of India (RBI).
2018-7-20 12:24 | |
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News The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments.
2018-7-19 07:46 | |
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The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments.
2018-7-19 05:30 | |
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Brief history of cryptocurrencies in India India has not been perfectly cohesive in its stance toward crypto. If an Indian citizen wants to exchange crypto to fiat, then they will need to turn to marketplace exchanges or the black market, the Times of India explains.
2018-7-19 23:41 | |
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GainBitcoin was exposed as a Ponzi scheme, and the investigation by the Indian police force has continued to progress. The scheme stole $300 million, but authorities have said that they presently have new “crucial clues” to see how this fake company ended up laundering so much money.
2018-7-16 09:17 | |
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Regulation The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto.
2018-7-14 20:58 | |
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The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto.
2018-7-14 19:50 | |
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Senior Vice President of Product for Ripple, Asheesh Birla, recently attended and spoke at a panel that was hosted by the Wharton School of Business. His main topic of discussion was regarding the recent acquisition of 50% of the Indian crypto industry, which he says is a step that will “plant its root in the […]
2018-7-12 10:09 | |
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An anonymous source in the government told news outlet Quartz that the Indian government is not planning to ban crypto, but rather will treat it as commodity
2018-7-12 04:22 | |
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India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban.
2018-7-12 00:40 | |
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Ripple (XRP)–Ripple, the parent company behind the third largest cryptocurrency by market capitalization XRP, has proposed an estimate that the currency holds roughly 50% of the market share in India.
2018-7-11 23:04 | |
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A representative of Ripple recently discussed the company’s strategy which allowed them to capture 50% of India’s crypto market. Ripple has 50% Share of Indian Market Senior Vice President of Product at Ripple, Asheesh Birla, spoke on a panel at the Wharton School of Business about how Ripple went about gaining a majority market share.
2018-7-11 17:00 | |
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A special investigations unit has been set up in the Indian state of Maharashtra where there is a rise in bitcoin-related scams. The unit will take over the investigation of all cases relating to cryptocurrency in the state that are currently handled by various police departments.
2018-7-11 16:35 | |
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Digital wallet provider Sylo has teamed up with India-based exchange Bitbns aiming to serve the nation's revitalized cryptocurrency market.