2020-1-22 13:35 |
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.
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India's regulatory position on cryptocurrencies remains elusive at best. Especially since the country is struggling to form a uniform consensus on the classification and legalization of the novel asseThe post India: PM Modi calls for cooperation on cryptos between 'democratic nations' appeared first on AMBCrypto.
2021-11-18 10:14 | |
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The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.
2020-1-21 13:35 | |
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While India took a giant leap forward with the launch of its second moon mission, Chandrayaan-2, it also took a step back after an Inter-Ministerial Committee recommended a ban on “private cryptocurrencies.
2019-7-23 17:30 | |
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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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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.
2019-6-21 18:15 | |
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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.
2019-6-21 02:30 | |
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India may become the first major country in the world to criminalize the mining, holding or selling of bitcoin and other cryptos according to Bloomberg’s Indian unit which says: “The...
2019-6-7 16:38 | |
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Cryptocurrencies are facing a tough time in India as there are rumors of a probable ban under the Prevention of Money Laundering Act [PMLA]. The strong crypto community in the country who owns and uses crypto are wary of this progress, and how it would impact them.
2019-5-2 18:30 | |
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By CCN. com: An official from an investor watchdog group in India likened cryptocurrencies to a Ponzi scheme, and voiced his support for them to be banned to protect investors. Anurag Agarwal, chief executive officer of the Investor Education and Protection Fund Authority, made the comments Friday, according to local reports.
2019-4-26 17:17 | |
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India has shown a harsh and draconian stance towards bitcoin and other digital assets in recent times by mandating financial institutions in the state to desist from servicing crypto-linked businesses earlier in 2018, instead of formulating rules to govern its cryptospace.
2019-3-31 19:10 | |
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Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos.
2019-2-26 11:59 | |
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India has a very rough relationship with cryptocurrencies. The country, which has enacted a ban on crypto exchanges last year, is now focused on deciding whether this ban, which is being called an exaggeration by the local crypto industry, should be lifted or not.
2019-2-5 01:21 | |
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Reports on social media indicate that banks in India are threatening customers that deal in Bitcoin and other cryptocurrencies with the closure of their accounts. This move is the latest salvo from the banking industry in a country where cryptos seem all but banned.
2019-1-12 17:00 | |
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India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand.
2019-1-1 16:35 | |
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India May Finally Legalize Cryptos, However It Will Do It Under “Strong Rules” It looks like the Indian government may have the chance of legalizing cryptos soon. However, new reports suggest that the regulation will not be free of strong terms and conditions.
2018-12-26 19:24 | |
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The Indian government could possibly legalize cryptocurrencies, but with tough terms and conditions attached, a news report suggests.
2018-12-26 17:01 | |
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The situation for cryptos continues to be tense in India as there is no certainty about their future. Now, the Indian Ministry of Finance has filed a counter affidavit now to petition for “concerned citizens” will be important in the definition of the future of cryptos in India. Last year, when cryptos were starting to […]
2018-12-6 22:16 | |
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A Supreme Court case has been put on hold pending a report on cryptocurrencies by India’s government expected this December. According to Quartz India, a counter-affidavit has been filed with.
2018-11-22 18:50 | |
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As you may have already heard, India is planning on banning cryptocurrencies. The Indian government does not love cryptos. Everyone who read the news when the government banned banks from having crypto exchanges as clients knows that their instance on the market is far from slightly good. At the moment, nobody is exactly sure how […]
2018-11-16 02:10 | |
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India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […]
2018-10-27 21:45 | |
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To add to the confusion about cryptocurrency regulations in India, NASSCOM's president bluntly declared digital coins illegal.
2018-10-26 11:03 | |
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“One of the most trusted sites in the world of Indian finance,” is speculating the Indian government might declare cryptos illegal. They say in news reporting: “India may look at.
2018-10-18 15:12 | |
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India is one of those few countries where the status of cryptocurrencies remains uncertain. Reserve Bank of India, the country’s central bank, has been adamant in its stance and does not want financial institutions to extend services in the crypto sector.
2018-9-21 17:49 | |
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The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.
2018-9-14 22:15 | |
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After the Indian central bank, the Reserve Bank of India (RBI) penned a ban on banking services to crypto-related entities, Indian market regulator Securities and Exchange Board of India (SEBI) has geared up to study digital assets more effectively.
2018-9-6 20:19 | |
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India’s crypto community was shocked when the Reserve Bank of India (RBI) issued a circular on April 6, 2018, which prohibited banks and other financial institutions from providing any crypto-related service, revealing the RBI’s anti-crypto stance.
2018-9-4 14:29 | |
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To increase The Awareness of cryptocurrencies and its underlying technology, the International Blockchain Consortium is set to be launched on Friday at the upcoming International Blockchain Congress in Hyderabad, India.
2018-7-31 10:54 | |
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Uncertainty continues to grip India’s crypto industry ever since the Rural Bank of India (RBI) imposed a ban on banks and other financial institutions, prohibiting them from dealing with cryptocurrencies.
2018-7-26 20:24 | |
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Bitcoin, ethereum and other cryptos have become more popular in India following a bank ban of crypto exchanges according to the current crypto prices in the world’s second most populous. . .
2018-7-11 13:29 | |
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Indian Police Seek To Sell Confiscated Cryptos With the Supreme Court of India refusing to grant an interim stay on the RBI circular, most cryptocurrency exchanges operating in India have launched crypto-to-crypto trading services.
2018-7-9 22:57 | |
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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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The long-awaited decision by India’s highest court finally arrived, and the crypto community has lost. The drama began when the Reserve Bank issued a directive to all financial institutions in the country to cease offering financial services to the crypto industry.
2018-7-5 18:00 | |
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Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal.
2018-7-4 03:02 | |
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