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‘There’s No Change In RBI’s Position’: Indian Central Bank Still Has Grave Concerns Over Cryptocurrencies
RBI’s notorious circular back in 2018 prohibiting banks from offering services to crypto firms may have been revoked in March 2020, but the central bank is showing no signs of changing its tune on crypto-assets. дальше »
2021-6-5 18:56 | |
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RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users
Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. дальше »
2021-6-5 17:55 | |
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Indian Crypto Exchange Launches Country’s First NFT Marketplace
India-based crypto exchange WazirX has launched the first NFT marketplace in the region. The exchange, owned by Binance, will run on the Binance Smart Chain and already has artists signed on to provide digital pieces for sale. дальше »
2021-6-2 23:00 | |
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Major Indian Bank HDFC Says ‘It’s a Matter of Time Before Indian Investors Have Legal Access to Crypto Plays’
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays. дальше »
2021-6-2 13:30 | |
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Finally, India's RBI breaks its silence on 'crypto ban'
Indian cryptocurrency holders and users can finally breathe a sigh of relief as RBI released its objection to banks using its old circular to refrain from processing crypto payments. As per the ReservThe post Finally, India's RBI breaks its silence on 'crypto ban' appeared first on AMBCrypto. дальше »
2021-6-1 18:44 | |
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India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It
Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago. дальше »
2021-6-1 18:30 | |
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Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. дальше »
2021-6-1 17:54 | |
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Indian Mainstream Media Promote Another Shitcoin Knowing It Was a Scam
Traditional media outlets have once again committed a huge mistake covering the crypto world. Just a few days back- we have seen a press release circulating online about Dubai creating its own cryptocurrency, and it also reads, “will be controlled by both the city itself and authorized brokers. дальше »
2021-6-1 15:40 | |
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Indian Bank and Card Service Provider Warn Against Virtual Currency Transactions
HDFC Bank and SBI Card have warned cryptocurrency users in India against transacting in digital currencies. The post Indian Bank and Card Service Provider Warn Against Virtual Currency Transactions appeared first on BeInCrypto. дальше »
2021-5-30 16:40 | |
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Indian crypto adoption is imminent- Rajya Sabha MP Subramanian Swamy views it as a subject of future, calls it ‘Unstoppable.’
The Indian government has always been passive when it comes to cryptocurrencies and how they can have a real human impact in the near future. Speaking on this same topic, Rajya Sabha MP Subramanian Swamy shared his thoughts from an economist perspective and highlighted how effective this technology could be. дальше »
2021-5-28 18:26 | |
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CoinDCX and Devfolio Team Up with Solana for New Hackathon
Indian cryptocurrency exchange CoinDCX has announced a virtual hackathon, in the hopes of strengthening India's crypto market. The post CoinDCX and Devfolio Team Up with Solana for New Hackathon appeared first on BeInCrypto. дальше »
2021-5-24 19:51 | |
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How Polygon Became the Indian Tiger of Blockchain Platforms
The conspicuous lack of Indian presence in the blockchain and cryptocurrency space has always seemed relatively incongruous. With India expecting to be home to 5.2 million programmers within the next two years, the country is on track to have more software developers than the US in the very near future. In the last decade, India […] дальше »
2021-5-22 21:05 | |
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India Rethinking Anti-Crypto Stance, Likely to Set Up Panel to Suggest Regulations
In what could be a major development, the Indian government is rethinking its stance on the country’s fledgling but promising crypto industry. Official sources have informally confirmed that the government is planning to set up a new committee to study the latest developments in the field of cryptocurrencies and blockchain technology and suggest proper regulations. […] дальше »
2021-5-21 16:14 | |
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Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report
The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total […] дальше »
2021-5-20 08:30 | |
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Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations
The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »
2021-5-19 15:51 | |
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India Reportedly Considering Regulating Cryptocurrencies Instead of Outright Ban
Cryptocurrency regulations could finally be coming in India. India to Consider Regulating Cryptocurrencies According to a report by The Economic Times published today, the Indian government is considering forming a fresh panel to study the possibility of regulating digital currencies in India. дальше »
2021-5-19 13:16 | |
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RBI reportedly urging banks to cut ties with crypto exchanges and traders
The lack of rules for cryptocurrency trade in India is giving birth to policy grey areas that different stakeholders are using to their benefit. As per a Reuters report on 13 May 2021, India’s central bank, the Reserve Bank of India (RBI), has recently asked Indian banks, informally, to stop banking services to crypto trades. […] дальше »
2021-5-16 18:17 | |
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Indian Central Bank Urging Lenders to Cut Ties With Crypto Exchanges
The Reserve Bank of India (RBI) is informally requesting that lenders cease their associations with crypto exchanges and traders. The post Indian Central Bank Urging Lenders to Cut Ties With Crypto Exchanges appeared first on BeInCrypto. дальше »
2021-5-14 14:51 | |
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Indian Crypto Investors Express Outrage As Multiple Exchanges Face Challenge With Banks Stopping Transactions
Indian cryptocurrency investors are all fire and fury as some of the banks are reported to have blocked payments to and from cryptocurrency exchanges. This has led to a sudden disruption in cash flow for the investors as well as the exchanges. дальше »
2021-5-14 19:26 | |
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Chiliz, Socios announce partnerships with three major Indian cricket franchises
In what is a major development, Chiliz and Socios.com, two of the leading entities in the space of fan engagement, have announced partnerships with three franchises of the Indian Premier League. The tThe post Chiliz, Socios announce partnerships with three major Indian cricket franchises appeared first on AMBCrypto. дальше »
2021-5-13 13:44 | |
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Former Indian Finance Secretary Calls for Crypto Regulations
India as a country has a complicated relationship with the cryptocurrency industry. At a point in time, there was a ban put in place that essentially meant that crypto-related businesses could not operate and have access to banking services. дальше »
2021-5-11 21:00 | |
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Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. дальше »
2021-5-10 11:30 | |
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Dogecoin gave this Indian exchange a 'ruff' time: what went wrong?
Dogecoin, without a doubt, gave one of India's largest crypto trading platforms a "ruff" time with its price surge. Did the exchange bite more than it can chew? On May 4, WazirX, a prominent IndianThe post Dogecoin gave this Indian exchange a 'ruff' time: what went wrong? appeared first on AMBCrypto. дальше »
2021-5-6 16:30 | |
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Undeterred By Central Bank Scare Tactics Crypto Trading Is Booming In India
According to a local media source, crypto trading in India is on the rise. This comes as the Indian government is mulling over a ban on private digital currencies, which they say is necessary to protect investors. дальше »
2021-5-6 03:00 | |
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How to buy Bitcoin in India [2021] – 7 Top Indian Exchanges
Unlike many other countries in Southeast Asia and the Asian subcontinent that opted to ban trading or even owning Bitcoin, the Reserve Bank of India (RBI) barred regulated institutions such as banks from dealing in crypto assets. дальше »
2021-5-5 13:05 | |
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An Indian Startup is Now a Crypto Unicorn: Polygon’s Journey is an Inspiration
Back in 2018, not long after the Bitcoin crash, many casual crypto enthusiasts and nocoiners were quick to write off the potential the ecosystem had. Many saw the crash as the time to liquidate and back off from the crypto space. дальше »
2021-5-3 15:00 | |
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Australian cricketer Brett Lee donates 1 Bitcoin towards India’s coronavirus fight
Brett Lee, a former Australian international cricketer, has donated one Bitcoin (worth roughly $54,000 today) to the so-termed “Crypto Relief” fund aimed at helping Indian hospitals to fight the coronavirus pandemic. дальше »
2021-4-30 22:00 | |
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Vitalik Buterin and Balaji Srinivasan Donate to Indian Covid Relief Fund Despite Country’s Intentions to Ban Cryptos
The covid-19 crisis is worsening every day in India, as the country keeps hitting record daily numbers of cases and its death toll. The crypto community is starting to show solidarity with the country, as big players such as Ethereum co-founder and a well-known investor announced crypto donations to provide support. Buterin Also Contributed With […] дальше »
2021-4-27 01:30 | |
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Indian Exchange CoinSwitch Kuber Gains $25M From US Hedge Fund
CoinSwitch Kuber has announced their latest good fortune. Namely, securing $25 million worth of backing from U.S. hedge fund Tiger Global. The post Indian Exchange CoinSwitch Kuber Gains $25M From US Hedge Fund appeared first on BeInCrypto. дальше »
2021-4-23 17:10 | |
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India may give crypto holders an “exit window” in case of Bitcoin ban
India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. дальше »
2021-4-23 10:00 | |
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What Ban? Indian Crypto Exchanges See Surge In Trading Volumes
On Sunday (April 4), WazirX which prides itself as one of the largest cryptocurrency exchanges serving Indian customers crashed due to excess traffic. The platform witnessed a business volume of $270 million in 24 hours before the site crashed. дальше »
2021-4-13 23:37 | |
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India: Government to keep an 'open mind' regarding Bitcoin and crypto in the country
The Indian cryptocurrency community has been witnessing tremendous growth but a lack of regulatory clarity has been a significant roadblock. Although the government of India has been apprehensive of cThe post India: Government to keep an 'open mind' regarding Bitcoin and crypto in the country appeared first on AMBCrypto. дальше »
2021-4-12 13:05 | |
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Revolutionizing the crypto-market in India with CryptoBiz exchange
The Indian cryptocurrency industry has been growing rapidly as the economy recovers from battling the ongoing global pandemic. The crypto-sector in India is showing significant growth with severaThe post Revolutionizing the crypto-market in India with CryptoBiz exchange appeared first on AMBCrypto. дальше »
2021-4-8 09:00 | |
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Why India’s Proposed Bitcoin Ban Will Be Downright Ineffective
It’s been a season of legal ambiguity for the Indian cryptocurrency community, but the road ahead is looking less hazy as the latest development from the Indian Crypto trading scenes implies that the proposed Crypto-ban has done little to dissuade trading and investment interest in independent digital currencies like Bitcoin and Ethereum. Hence, a building […] дальше »
2021-4-6 15:41 | |
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WazirX crypto exchange records over $200 million daily volume
A recent report reveals that Binance-owned Indian cryptocurrency exchange WazirX has surpassed $200 million daily trading volume. The report revealed that it’s the first-timer the exchange is reaching such a landmark since it was launched in 2018. дальше »
2021-4-5 15:05 | |
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Flipkart’s acceptance of Bitcoin (BTC) is likely an April fool prank
Indian e-commerce giant Flipkart announced on April 1 that it has started accepting Bitcoin as a payment method. “We now accept Bitcoin as a convenient mode of payment. Update your app now,” the company’s tweeter message reads. дальше »
2021-4-2 19:57 | |
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Despite no laws, Indian minister says traders must pay taxes on Bitcoin
An official from India’s ministry of finance said Monday that all gains from trading cryptocurrencies like Bitcoin were liable to income tax, as per a report on markets outlet Financial Express. The post Despite no laws, Indian minister says traders must pay taxes on Bitcoin appeared first on CryptoSlate. дальше »
2021-3-31 22:00 | |
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Coinbase Opens Office in India Despite Crypto Ban Reports
Cryptocurrency exchange operator Coinbase has announced that it is establishing a business presence in India. The company has also posted several job openings for its Indian operations despite reports that the government may ban cryptocurrencies. дальше »
2021-3-30 19:30 | |
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Cryptocurrency Exchanges Resist Cryptocurrency Restrictions in India
Several Indian crypto exchanges will send a proposal to regulate the cryptocurrency industry to the Indian authorities – specifically to Finance Minister Nirmala Sitharaman and to the central bank (RBI). дальше »
2021-3-29 22:00 | |
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Indian Crypto Exchanges Prepare Presentation for Regulators
The note makes recommendations on how best to regulate cryptocurrencies, as well as addressing associated risks. These include issues such as money laundering, threats to the rupee and the environmental impact of crypto mining. дальше »
2021-3-29 21:23 | |
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Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings
The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. дальше »
2021-3-29 06:30 | |
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