2018-8-31 09:58 |
The Reserve Bank of India said on Wednesday it is exploring a rupee-backed digital currency for payments.
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According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest decision by the country’s financial watchdog is no exception.
2019-1-3 08:00 | |
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Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.
2018-8-31 19:00 | |
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After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country.
2018-8-31 08:00 | |
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The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs.
2018-8-30 23:26 | |
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A recent publication from the Reserve Bank of India reveals its consideration of a central bank-issued digital currency.
2018-8-31 20:33 | |
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The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash.
2018-8-30 17:00 | |
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Despite its fierce battle against cryptocurrency, India’s Central Bank, The Reserve Bank of India has set out to create a digital currency to be used for payments in the country. According to the Bank’s 2017-2018 annual report published on Wednesday, a committee of members from different departments has been set up to look into the […] The post India Central Bank Considers Using a Digital Currency for Payments appeared first on ZyCrypto.
2018-8-30 16:14 | |
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Despite Bitcoin’s plummet to $6,600 (at time of writing), world governments and emerging economies remain invested in the idea of a blockchain-powered ecosystem supplemented with a decentralized currency framework.
2018-8-28 23:00 | |
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As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express.
2018-8-27 04:00 | |
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Don’t expect any final cryptocurrency regulations in India at least until the end of the year, according to members of the government panel set up to examine the emerging virtual currency ecosystem in the country.
2018-8-13 18:00 | |
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On July 27, 2018, Mastercard CEO, Ajay Banga shared his thoughts regarding cryptocurrency, calling it “junk” and that an “anonymized” currency having such “wild” fluctuations in the market cannot be considered as a medium of exchange in an economy.
2018-7-28 21:00 | |
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Mastercard CEO Ajay Banga has claimed that cryptocurrencies are “junk”, condemning their anonymity features and their capacity for illegal commerce on the dark web. While speaking at the New India Lecture, Banga said: “I think cryptocurrency is junk.
2018-7-27 10:24 | |
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Mastercard CEO Ajay Banga has claimed that cryptocurrencies are “junk”, condemning their anonymity features and their capacity for illegal commerce on the dark web. While speaking at the New India Lecture, Banga said: “I think cryptocurrency is junk.
2018-7-27 00:58 | |
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The president and CEO of Mastercard Ajay Banga, tags cryptocurrency as an anonymised currency that fluctuates anyhow and also a junk. This view he made known while expressing his opinion on the cryptocurrency, international community and trade, at the ‘New India Lecture’ held at Indian Consulate under the Guidance of Consul General Ambassador Sandeep Chakravorty.
2018-7-26 21:15 | |
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As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country.
2018-7-26 16:30 | |
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Iran has offered India a method of collaboration through a fund that allows for the exchange of digital currency, according to local media. Almost no detail is provided, except for... The post Iran Proposes to India the Establishment of a Digital Currency Fund appeared first on Trustnodes.
2018-7-25 13:15 | |
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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 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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The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th.
2018-7-13 10:32 | |
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The U. S. House of Representatives Financial Services Committee announced today, July 12th, that it will be hosting a hearing titled “The Future of Money: Digital Currency” next Wednesday, July 18th.
2018-7-13 01:41 | |
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The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian.
2018-7-13 16:00 | |
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We have recently commented on Ripple’s attempts to remove themselves from any association with XRP (the currency produced by and owned by Ripple). Today however, according to a report by The Daily Express (UK) it does seem as if actually, Ripple still want to use XRP to their advantage.
2018-7-12 23:45 | |
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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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Crypto-celebrity John McAfee has spoken out against the Reserve Bank of India (RBI), whose decision to ban cryptocurrency is now in full force in the wake of a July deadline set by the RBI when the decision was initially made.
2018-7-9 23:30 | |
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In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th.
2018-7-6 15:59 | |
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With the Reserve Bank of India’s (RBI) new ruling coming to force yesterday, India have featured in numerous news headlines and will no doubt continue to do so through the week. As a recap, yesterday the RBI’s new rulings came to power which essentially mean cryptocurrency trading across exchanges, with FIAT currency will no longer be allowed.
2018-7-6 11:30 | |
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The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to decimate India’s virtual currency economy.
2018-7-5 23:00 | |
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The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst.
2018-6-29 02:00 | |
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Belfrics Group, a Malaysia-based crypto exchange, will resume its operations in India after a six-month hiatus. The company shut down its digital currency exchange earlier this year before the Reserve Bank of India officially announced a ban on banking companies, payment companies, and NBFCs supporting with crypto entities.
2018-6-27 16:35 | |
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As regulatory uncertainty in the Indian cryptosphere continues, exchanges and crypto-related businesses in the country are putting measures in place to cushion the effect the Reserve Bank of India’s ban may have on their businesses.
2018-6-26 14:42 | |
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The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears.
2018-6-25 13:00 | |
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One of India’s leading cryptocurrency exchanges, Zebpay have announced that they may soon have to make some changes. In light of the decree that was released and distributed by the Reserve Bank of India, the exchange, that previously has and still does provide the service of converting crypto assets into fiat currency and subsequently depositing The post Indian exchange Zebpay might stop crypto-to-fiat conversions appeared first on ItsBlockchain.
2018-6-21 12:58 | |
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The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies.
2018-6-16 22:00 | |
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Ripple’s global head of infrastructure innovation expects India’s central bank to rescind its crypto ban, based on its inquiry into own digital currency
2018-6-15 17:07 | |
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Electroneum have recently announced a new partnership which is set to bolster the innovative reputation of the Electroneum project. Whilst the value of the currency doesn’t seem to have responded to the announcement specifically, the announcement does mark good news for the Electroneum team.
2018-6-15 12:00 | |
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2018 has been a year of crypto regulations. After the massive bull run of 2017, twenty eighteen came in with an entirely different spirit, with various regulatory authorities formulating all kinds of laws to govern the Cryptospace.
2018-6-14 17:31 | |
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Large transaction volumes for Maker rose by over 1,400% in just two days Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.
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XRP's $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple's trading volume dropped from almost $3 billion to around $207 million. After months of consolidThe post XRP's $1 at risk? As trading volume drops 77%, concerns rise appeared first on AMBCrypto.
NEAR traded at $5.79 at press time, gaining 12% in seven days with $712M daily trading volume and $7B market cap. Futures Open Interest dropped 5% while TVL hit $260M, signaling steady ecosysteThe post NEAR rallies 12% in 7 days: Is $8 on the cards? appeared first on AMBCrypto.
TRX recorded gains of over 26.17% in the last 30 days TRON's USDT weekly volume surpassed 150 billion - A sign of strong adoption TRON, at the time of writing, was valued at $0.1986 with a mThe post TRON's USDT dominance - Here's what that means for TRX's price appeared first on AMBCrypto.
CVX crypto pumped 83% on the 19th of November; will the uptrend continue? A notable whale could have triggered the wild upswing, per an analytics firm. Convex Finance’s native token, CThe post CVX crypto soars 20% in 24 hours - Is $5 the next target? appeared first on AMBCrypto.