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RBI Losing Sleep Over Negative Consequences of Cryptocurrency Ban

The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs. дальше »

2018-8-30 23:26


India Central Bank Considers Using a Digital Currency for Payments

Despite its fierce battle against cryptocurrency, India’s Central Bank, The Reserve Bank of India has set out to create a digital currency to be used for payments in the country. According to the Bank’s 2017-2018 annual report published on Wednesday, a committee of members from different departments has been set up to look into the […] The post India Central Bank Considers Using a Digital Currency for Payments appeared first on ZyCrypto. дальше »

2018-8-30 16:14


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Reserve Bank of India Quietly Forms an “Experimental” Blockchain and AI Unit

The Reserve Bank of India (RBI) has formed a new unit to focus exclusively on emerging technologies such as blockchain, artificial intelligence (AI), and cryptocurrencies. While the central bank is yet to make an official statement confirming the move, it seems the new unit is aimed at boosting its intellectual capacity to regulate better, and benefit from these innovations in...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-8-28 21:00


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They Might Be Anti Crypto, But The Blockchain Is Still Sought After In India

India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country. дальше »

2018-8-28 16:00


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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. дальше »

2018-8-27 19:29


WMPRO ICO

WM PROFESSIONAL through Eucleia - its platform - is a global certificator and rating system connecting the word-of-mouth operators, based on blockchain principles. The Eucleia system consists of proprietary and sophisticated algorithms on top of automatic processes that combine the use of spiders, software, artificial intelligence and even manual interventions to create a reliable and inviolable rating. дальше »

2018-8-7 02:57


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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. дальше »

2018-8-4 16:29


Natives use original means to trade bitcoin amid rbi ban

Regulation Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. Japan Confirms Entrance Into the Crypto Space Money Finds a Way Following the crypto banking ban by the Reserve Bank of India (RBI) which went into effect last month, Indian дальше »

2018-8-3 07:45


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


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