Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues

2019-7-10 11:00

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

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Cryptocurrency Regulation Petition Started in India by Bitcoin Community to Accelerate Changes

It is fairly well known that the crypto community in India has suffered a number of setbacks due to various government regulations that have stalled the industry and forced several companies to leave the country or wind-up operations due to the harshness of the regulatory climate. Some details of a new bill called the “Banning […]

2019-6-17 16:53


India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework

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


Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox

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


India’s Bureaucracy is Sending Local Bitcoin Industry into a Sh**hole

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


Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing

Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future.

2019-3-26 08:30


Campaign For Cryptocurrencies Passes 100 Days With Growing Support In India

Campaign For Cryptocurrencies Passes 100 Days With Growing Support In India The Indian cryptocurrency market has been affected by a very hard regulatory stand taken by the local government. However, a social media campaign for positive cryptocurrency regulation has received a lot of support from the crypto community. Despite the banking restrictions that apply to […]

2019-2-10 22:57