India’s Central Bank Sets up a Blockchain Unit

2018-8-28 18:45

The new department will work to strengthen the knowledge of the Reserve Bank of India on new and emerging financial technologies.

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India’s Apex Bank Forms New Unit to Handle Blockchain Regulations

The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018.

2018-8-27 19:29


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Bitconnect ICO Scam: Indian Police Nabs Key Accused

Bitconnect ceased all operations in Jan 2018 citing bad press, scrutiny by US regulators and distributed denial-of-service (DDoS) attacks on its system. India Tightens the Noose in the Pursuit of Bitconnect Scammers According to a local media report, Indian authorities nabbed Divyesh Darji, the alleged Asian head of Bitconnect, on Aug 19 at New Delhi’s […] Bitconnect ICO Scam: Indian Police Nabs Key Accused was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-24 15:14


Indian Municipal Corporations Are Going to Issue Birth Certificates on Blockchain!

Several government bodies in India recently adopted Lynked. World’s exciting new platform in an effort to simplify citizen engagement and identification processes in the country. The company, based in Hoofddorp, Netherlands, offers a blockchain ID verification solution for everyday citizens, employers, higher education administrators, and governments.

2018-8-23 20:49


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Creative Bitcoin Trading Takes Hold in India Amid Banking Ban on Crypto Entities

Indian cryptocurrency traders have been finding innovative new ways of trading in digital coins ever since the Reserve Bank of India (RBI) banned such coins in April. Even though the voices of concern raised within the crypto community gained attention, they fell on deaf ears of the legislature, which quickly dismissed their bid for survival.

2018-8-4 16:29


India’s International Blockchain Congress to Start “Global Blockchain Protocol Consortium”

A recent reporting by The New Indian Express, revealed that a Global Blockchain Protocol Consortium will be launched by Friday, August 3rd, 2018. The said consortium will consist of different countries coming together to assess the way in which blockchain technology can be elevated for optimal use. The initial launch will be conducted during India’s […]

2018-7-31 10:57


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Kapersky Reports New Crypto Mining Malware Targeting Corporate Networks

Researchers at Kaspersky Lab have uncovered a new form of cryptojacking malware targeting corporations in multiple countries, the cybersecurity firm reported Thursday. PowerGhost, a form of fileless malware – which uses a system’s native processes to hijack a computer – has reportedly been spreading on corporate networks in India, Brazil, Colombia and Turkey. The miner

2018-7-27 22:38


CEO Mastercard назвал анонимные криптовалюты барахлом

В ходе мероприятия “New India Lecture” Аджайпал Сингх Банга, главный исполнительный директор Mastercard, назвал анонимные, не выпускаемые государством криптовалюты "барахлом"

2018-7-27 09:12


Ajay Banga, CEO of MasterCard Tags Cryptocurrency A “Junk”

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