2022-6-2 13:53 |
The Crypto Rupee Index (CRE8) will track the performance of Indian Rupee based on the crypto market. origin »
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CoinSwitch Kuber and WazirX, the two leading Indian crypto exchanges have currently disabled rupee deposits for the purchase of cryptocurrencies using the United Payments Interface (UPI). Among constant regulatory concerns in India, this particular news has brought fresh worry for Indian crypto investors.
2022-4-14 04:00 | |
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Coinspeaker India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income Having made this declaration on the digitized rendition of the Indian rupee, India's first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the exchange and trade of virtual digital assets.
2022-2-2 16:33 | |
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Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy.
2022-2-2 11:00 | |
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The note makes recommendations on how best to regulate cryptocurrencies, as well as addressing associated risks. These include issues such as money laundering, threats to the rupee and the environmental impact of crypto mining.
2021-3-29 21:23 | |
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In an exclusive interview with CNBC TV18, Shaktikanta Das, the Reserve Bank of India (RBI) governor, said the central bank has “major concerns on cryptocurrencies. ” The central bank has already communicated the government's concerns, who will “take a call,” and if required, Parliament will also decide on regulating crypto.
2021-2-26 21:24 | |
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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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India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank digital currency.
2021-1-26 13:35 | |
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Cryptocurrency exchange OKEx announced on Wednesday that it is resuming peer-to-peer (P2P) trading for CNY, INR, and VND fiat pairs from today at 12:00 pm (UTC). Buy Crypto fiat gateways are also being reactivated.
2020-10-22 18:38 | |
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On June 12, 2020, KuCoin, an IDG-backed crypto exchange, announced that it will add support for Indian rupee (INR), Argentine peso (ARS), Philippine peso (PHP), United Arab Emirates dirham (AED), Azerbaijani manat (AZN), Chilean peso (CLP), Colombian peso (COP), Costa Rican colon (CRC), Dominican peso (DOP), Georgian lari (GEL), Kazakhstani tenge (KZT), Moldovan leu (MDL),Read MoreRead More.
2020-6-13 14:56 | |
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India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring.
2020-6-1 13:05 | |
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Just a week after the Reserve Bank of India confirmed legal status for crypto currency, a draft national strategy on blockchain has called for an official digital rupee. India to Advance in Blockchain Tech According to reports, the National Institute for Smart Governance (NISG) has submitted a draft strategy on blockchain for stakeholder comments which will help define the ecosystem for distributed ledger technology and crypto in India.
2020-1-29 08:30 | |
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Binance can now purchase Bitcoin (BTC) and other cryptocurrencies through Rupee bank transfers that are powered by WazirX, the Indian digital exchange for assets. Not banned in the country, people in India still find it difficult to trade and buy Bitcoin because banks don’t have the green light to work with crypto exchanges and companies. […]
2019-11-27 01:31 | |
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Binance announced Thursday that it is acquiring WazirX, an Indian cryptocurrency exchange with an estimated user-base of around 200,000. This qualifies as a landmark development for India’s still-nascent homegrown cryptocurrency market — especially considering that traders will now have the option to buy and sell cryptocurrencies using the Indian Rupee (INR) through the Binance Fiat […] The post Binance-WazirX Acquisition a ‘Historic Day’ for Crypto in India appeared first on BeInCrypto.
2019-11-21 11:57 | |
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Cryptocurrency wallet and payment app Cashaa, announced it has enabled INR (Indian rupee) deposits and purchases of crypto in India for residents, up to 1 crore INR per month. Founded in June 2016, a large portion of Cashaa’s users had been based in India, which for the past years had a difficult relationship with cryptocurrency.
2019-10-22 12:47 | |
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An Indian inter-ministerial committee on cryptocurrency and blockchain technology has finalized a report recommending both the establishment of a digital Rupee and a ban of cryptocurrencies. Ban Crypto, Establish E-Rupee The roughly 200-page report spends thousands of words breaking down and praising the potential uses of blockchain technology, specifically in areas like land management.
2019-7-22 18:38 | |
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India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency.
2019-7-16 19:00 | |
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Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country.
2019-6-26 00:01 | |
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By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee.
2019-6-7 13:19 | |
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Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments.
2019-4-24 01:08 | |
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The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability.
2019-2-5 09:05 | |
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The Indian government is looking into the impact of digital currencies and worried about the consequences for the Rupee. The high-level panel assigned with the task of making the country’s digital currency rules is now suggesting that cryptocurrencies could destabilize the Indian Rupee.
2019-2-4 18:19 | |
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An Indian governmental committee is reportedly concerned about the potential impact of crypto on the stability of the country’s fiat currency
2019-2-5 17:36 | |
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Last year, the Thane Police busted a 500-crore rupee (approx. $717,950) cryptocurrency scam in Mumbai. Recently, the Delhi Police also arrested the fourth accused in the case, as per reports in the local news outlet The Indian Express.
2019-1-7 19:09 | |
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One of India’s biggest crypto exchange with millions of crypto traders announced this Tuesday they were to close all Indian Rupee (INR) crypto trading pairs. The exchange said: “We will.
2018-9-6 17:34 | |
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An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed within 30 minutes or the user will receive ten free XRP credited to their account.
2018-8-28 13:56 | |
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Huobi, currently the world’s third largest crypto exchange by daily trade volumes, is set to support Indian rupee transactions on its proprietary peer-to-peer trading platform
2018-7-31 20:51 | |
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Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee.
2018-7-29 17:47 | |
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The Indian stock exchanges Zebpay and WaxirX declared on July the 23rd the integration with the current Tron MainNet and the new TRX20 tokens. The Indian cryptocurrency market is fighting against a strong ban on conversions from cryptos to INR (Indian rupee).
2018-7-25 10:23 | |
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Unocoin, a major Indian crypto wallet provider and exchange, has suspended rupee (INR) deposits and withdrawals “as per orders” from the country’s central bank, according to Unocoin’s blog post July 23.
2018-7-24 20:15 | |
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Zebpay suspends withdrawal and deposits in Indian rupee in response to the central bank’s crackdown on cryptocurrency transactions.
2018-7-5 11:44 | |
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Zebpay crypto exchange has opted to halt Indian rupee operations for users as India enacts a ban on providing banking services to cryptocurrency businesses
2018-7-4 17:30 | |
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One of the largest crypto exchanges in India, ZebPay, announced that as of June 22, it could be stopping all withdrawals to fiat in Indian Rupee from its platform. This comes on the back of an April 5 declaration by the Indian government that all banks must stop acting as intermediaries between exchanges and their […] Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-6-23 14:28 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.