2022-5-5 16:18 |
India's parliamentary finance committee met with representatives of India's crypto industry and expressed dissatisfaction about the industry's plans to mitigate the risks around crypto.
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India seems hell-bent on its intention to put the brakes on the country’s already struggling cryptocurrency industry
2019-7-16 16:47 | |
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India seems hell-bent on its intention to put the brakes on the country’s already struggling cryptocurrency industry
2019-7-15 16:47 | |
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India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry.
2019-5-17 02:47 | |
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In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto.
2019-5-17 20:30 | |
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NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […]
2019-5-16 20:28 | |
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Facebook took away a ban on posting information about the blockchain and cryptocurrencies of an “educational nature” (industry news). Together with the plans to launch its own stablecoin, this indicates a serious long-term interest of Mark Zuckerberg to the cryptoindustry.
2019-5-10 14:23 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […]
2019-5-5 00:36 | |
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The Indian government and the country’s banking sector’s negative stance against the cryptocurrency industry have reached new heights. The Housing Development Finance Corporation Ltd [HDFC], the largest private lender in India has been ramping up its efforts in opposition of the country’s cryptocurrency industry.
2019-4-27 13:00 | |
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Melissa Frakman, the founder of Emphasis Ventures Capital Fund (EMVC), recently admitted the Indian fintech industry is highly addictive. She said this at an interview with YourStory, a media platform that focuses on business news.
2019-4-18 19:16 | |
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According to the Indian business magazine Business Today, the National Payments Corporation of India (NPCI) could start using blockchain technology to improve digital transactions. India’s banks have been against the development of the crypto industry but they seem ready to implement blockchain technology and improve their services.
2019-4-14 18:55 | |
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India’s embryonic crypto industry continues to backpedal as on March 29, 2019, the country’s apex court postponed the hearing on cryptocurrency regulations until the second week of July. One Man, 153 Days The reluctant stance from both the government and the judicial bodies has without a shadow of a doubt stunted the growth of theRead MoreRead More.
2019-4-5 01:00 | |
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Rajan Anandan, Google‘s vice president for South East Asia and India, is leaving the company after eight years. Anandan has been in charge of or involved in numerous major projects at the firm for one of its largest markets.
2019-4-2 09:41 | |
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On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses.
2019-4-1 15:15 | |
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The regulatory landscape in India has been uncertain lately. Despite scheduling a hearing on the regulations that will impact the still-nascent crypto industry, the meeting was instantly postponed, leaving many exchanges in the dark.
2019-4-1 14:00 | |
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India’s impending general election could affect the government’s process of regulating the crypto industry. A local lawyer has explained to news. Bitcoin. com how the election could impact regulations.
2019-3-30 12:25 | |
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What would you call an organization that is sitting atop a game-changing regulatory framework for more than a year but couldn’t submit a single proposal nevertheless? Incompetent, perhaps. It is precisely what the Interministerial Committee (IMC) has become: an incompetent group of administrators and ministers that cannot decide what it wants to do with new technologies.
2019-3-29 13:26 | |
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An Indian consortium of food companies has entered into a partnership with tech giants to make the beverages and food supply-chain more transparent and safe. This according to a March 4, 2019, report by from the Financial Express.
2019-3-5 14:00 | |
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The Indian government has long been indecisive about regulation with respect to the cryptocurrency industry. In April of last… The post Will India Legalize Crypto? Indian Government Has 4 Weeks to Decide appeared first on Invest In Blockchain.
2019-3-1 09:55 | |
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A top business school in India is set to offer an advanced blockchain program for professionals. It marks the latest case of global academic institutions trying to answer the demand from students and industry for more education on crypto assets.
2019-2-27 16:50 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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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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In the wake of the 2017 market boom, hundreds of blockchain tech consultancies sprung up to service the overwhelming amount of investment that entered the cryptocurrency space. These companies are often based out of places with low median incomes per capita, taking advantage of cheap development costs in places such as India and Eastern Europe.
2019-2-4 13:23 | |
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The Institute for Development and Research in Banking Technology (IDRBT) of Reserve Bank of India (RBI) has unveiled a blueprint for the implementation of blockchain technology in the Indian banking sector, reports Financial Express on January 23, 2019.
2019-1-24 14:00 | |
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India’s crypto industry is having a hard time since 2018. You have probably heard all about it. Last year, the Reserve Bank of India (RBI) has banned all banks from offering accounts to crypto companies in which was known as the Indian Crypto Ban in the industry. However, things, which looked like they could be […]
2019-1-15 22:11 | |
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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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The Reserve Bank of India issues its annual financial report, stating that cryptocurrencies pose no threat to the financial industry.
2019-1-5 21:32 | |
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The situation in India regarding cryptocurrency is no clearer as we enter the new year. The government and central bank are clearly still very cautious towards the industry and are unlikely to make things easier in the near future.
2019-1-2 12:00 | |
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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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This year has been particularly bad for Indian crypto traders and investors with constant government crackdowns and a shroud of uncertainty about the future of the industry in the county. That may be all about to change as a recent report indicates that regulation and legitimization could be on the way in India.
2018-12-27 12:00 | |
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United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U.
2018-12-27 08:00 | |
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Blockchain technology is primed to take over the automotive industry in the next three years. if senior executives in the sector are to be believed, reported Times of India on December 24, 2018. Blockchain to Augment Business Processes In a joint study conducted by the IBM Institute for Business Value and Oxford Economics, researchers concluded 64 percent of surveyed executives.
2018-12-26 16:00 | |
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WazirX CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In The Country There are currently ten cryptocurrency exchanges in India with a user base of 5 to 6 million. In October, India’s finance minister Arun Jaitley had a crucial meeting with industry stakeholders.
2018-11-20 22:41 | |
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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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While India is home to the world’s largest film industry and one of the planet’s largest audiences for cinema, it’s also constantly struggling with the challenge of censoring movies. Things have gotten more complicated in the past few years with the rise of international streaming video platforms like Netflix and Amazon Prime Video.
2018-11-16 15:19 | |
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The cryptocurrency situation in India continues to worsen. The president of the IT industry body Nasscom said that cryptocurrencies are illegal. During the last week, Indian authorities have taken different measures to avoid virtual currencies to continue their expansion in the country.
2018-10-26 02:32 | |
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The Internet Mobile Association of India (IMAI) announced Oct. 15 that it would be forming a committee to push more government involvement in the blockchain ecosystem. IAMAI Forms Committee For #Blockchain .
2018-10-17 08:30 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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A new blockchain inclined ecosystem NHCT.io recently revealed to the general public that its presale will be starting on October 1, 2018, with a 35% bonus for the early birds. A Whole New Token NanoHealthCareToken (NHCT), which is an excellent blockchain-powered ecosystem, with offices in the Cayman Islands and India aims to raise $9million during […] The post NHCT Blockchain Project for Healthcare Industry Now Live appeared first on ZyCrypto.
2018-10-5 01:44 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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India’s crypto industry was on edge this September 10th as they awaited a potentially historic decision by the Supreme Court on a banking crypto ban by India’s Central Bank. The... The post Dysfunctional Indian Supreme Court Keeps Adjourning the Crypto Case, Will it Ever Be Heard? appeared first on Trustnodes.
2018-10-3 16:51 | |
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In an August 24, 2018, interview with YourStory, Abhijit Singh, Head of Technology at ICICI Bank, said he held a positive attitude towards the impact blockchain would have on the banking industry. More Mainstream Banks Open to Blockchain Although blockchain is widely perceived as a disruption to the banking sector, more and more mainstream banks are looking into ways to...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-8-27 09:00 | |
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This week’s top stories include two feature interview: one with Kavita Gupta, founding managing partner at ConsenSys Ventures; and another with electronic dance music DJ Justin Blau (aka DJ 3BLAU) who is launching a decentralized music festival.
2018-8-13 20:52 | |
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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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ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.
2018-8-6 17:40 | |
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The first edition of India’s largest blockchain conference is set for August 3 and 4, 2018 at the Novotel & HICC Complex, Hyderabad. The International Blockchain Congress brings together the industry experts, innovators, and regulators that work within the ecosystem to hold relevant conversations and set the agenda for blockchain technology development in the world’s sixth largest economy.
2018-8-2 22:30 | |
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In a recent interview with Indo-Asian News Service [IANS], KS Viswanathan, Vice President [Industry Initiative] of Nasscom, the apex body of the $154 billion IT BPM industry in India, remarked about blockchain technology in India.
2018-7-29 11:53 | |
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Distributed ledger technology may add $5 billion to Indian economy in the next five years, according to NASSCOM’s VP Industry Initiatives. The non-profit trade association, which represents the sector of software and services companies in the country, has backed blockchain technology for many years.
2018-7-28 17:24 | |
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Now, according to Quartz India, there’s another reason to celebrate – cryptocurrencies could soon be seen as a viable medium of exchange in the country! If you thought that India had a tenuous relationship with virtual currencies, you should take a look at their gambling industry. Because it is an illegal practice in India, people,
2018-7-27 01:23 | |
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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.