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Government of India to Recognize Crypto as a Payment Method, Experts Optimistic

Cryptocurrencies have found an unlikely ally in their quest to become legalized in India, following intense legal battles between companies, consumers, and the Reserve Bank of India. The recommendation to legalize crypto comes from the law commission of India, as they are a vital part of their case against a blanket ban on sports betting. дальше »

2018-7-26 08:00


Legal Commission of India Suggests Cryptocurrencies are a Legitimate Means for Electronic Payments

India continues to be a hotbed of controversy and confusion regarding all things cryptocurrency. The country has historically served as one of the most anti-cryptocurrency regions in the world, having put an outright ban on banks having any relationship with cryptocurrency exchanges earlier this month. дальше »

2018-7-26 00:22


LCI Calls for Indian Government to Recognize Cryptocurrencies as a Legal Means for Electronic Payments

India continues to be a hotbed of controversy and confusion regarding all things cryptocurrency. The country has historically served as one of the most anti-cryptocurrency regions in the world, having put an outright ban on banks having any relationship with cryptocurrency exchanges earlier this month. дальше »

2018-7-26 00:22


Unocoin suspends withdrawal as per RBI orders, movement of Crypto regulations in India

While the Supreme Court’s final ruling on the crypto exchanges regarding fiat handling is yet to come out, Unocoin suspends withdrawal and deposits of fiat on its exchange. Unocoin exchange had received immense popularity for Crypto-rupee and crypto-crypto trades where it dealt in Bitcoin and Ethereum. The Reserve Bank of India on 5th April 2018 […] дальше »

2018-7-24 19:49


Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India

The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »

2018-7-24 00:15


Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use

India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »

2018-7-22 02:34


KoinEx Loop Launches In India As LocalBitcoins Competitor Despite Crypto Ban

India is one of the many countries in the world that has placed a stringent ban on cryptocurrency trading, though the market may soon take a turn. Regulations with the Indian Reserve Bank have not changed at all, but that has not stopped KoinEx from bringing forth competition for the LocalBitcoins platform. This innovative project […] дальше »

2018-7-21 16:53


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Indian Cryptocurrency Exchange Koinex Launches Loop, a P2P Token Transaction Network

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. дальше »

2018-7-21 23:00


India Stands Still – Should Crypto Go or Stay ?

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. дальше »

2018-7-20 15:08