2020-5-26 12:12 |
After a long crypto ban in India and a legal battle between crypto entrepreneurs and the RBI, the latter has given in and promised to allow startups to get back to work
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The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency.
2019-8-20 15:02 | |
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The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them.
2019-8-14 12:25 | |
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Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty.
2018-10-16 16:50 | |
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Regulation Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges.
2018-7-8 01:02 | |
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Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges.
2018-7-8 23:40 | |
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It’s been a gloomy week for the crypto community in India. After three months of waiting for the Supreme Court to make a ruling on the petitions against the RBI’s directive in April, it finally happened on July 3.
2018-7-7 00:00 | |
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The King of Crypto has returned to his infamous twitter page to express his outrage at the Supreme Court of India’s recent announcement to go ahead with the Reserve Bank of India’s (RBI) proposed crypto ban.
2018-7-6 17:03 | |
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In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th.
2018-7-6 15:59 | |
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With the Reserve Bank of India’s (RBI) new ruling coming to force yesterday, India have featured in numerous news headlines and will no doubt continue to do so through the week. As a recap, yesterday the RBI’s new rulings came to power which essentially mean cryptocurrency trading across exchanges, with FIAT currency will no longer be allowed.
2018-7-6 11:30 | |
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India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies.
2018-7-5 16:09 | |
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After months of court appearances, online petitions and wide debate, the (RBI) Reserve Bank of India’s anti-crypto ruling comes into play today (5th July 2018), meaning that from now on, the face of the cryptocurrency landscape in India is about to change significantly.
2018-7-5 15:30 | |
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As previously reported by CoinDesk, the Supreme Court held a hearing on Tuesday and said the Reserve Bank of India’s (RBI) circular issued in April will “remain implemented,” which prohibits banks from facilitating fiat transactions on Indian crypto exchanges.
2018-7-5 11:37 | |
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Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban.
2018-7-5 00:40 | |
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Perhaps the debate of the day hovers around the diverging polices between those in the EU and India. EU Research findings strongly endorse cryptos while India’s Supreme Court has reasons to bar crypto dealings and get behind RBI’s decision to label them illegal.
2018-7-4 03:02 | |
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The country’s top court refused to stay the RBI’s circular which bans banks from providing any services to companies dealing in cryptocurrencies.
2018-7-3 22:30 | |
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India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related
2018-7-3 21:52 | |
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Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday,
2018-7-3 19:04 | |
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Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in cryptocurrencies. The Reserve Bank of India (RBI) gave a three-month window for activities to cease back in April which ends on July 5.
2018-7-3 17:30 | |
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The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives.
2018-7-3 16:35 | |
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It finally seems as if a decision has been made by India’s Supreme Court regarding the recent cryptocurrency ban established by the Reserve Bank of India (RBI). India’s Central Bank, the RBI, established a cryptocurrency ban a few months ago which detailed that it’s customers could not have any engagement with cryptocurrency.
2018-7-3 15:30 | |
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Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. Japan Confirms Entrance Into the Crypto Space Wazirx’s P2P Service With the banking ban by the central bank set to take effect on July 5, Indian
2018-7-2 18:05 | |
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With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban.
2018-7-2 16:20 | |
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The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban.
2018-7-1 11:38 | |
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Leading Indian cryptocurrency exchange Zebpay has added new cryptocurrencies to its crypto-to-crypto trading platform. The exchange now supports 19 cryptocurrencies and over 35 trading pairs, as it prepares for the banking ban by the country’s central bank to go into effect next week.
2018-6-30 01:30 | |
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July 3rd marks the day when cryptocurrencies’ fate in India shall be decided. Things seem positive at this point with Subash Chandra Garg, Secretary, Department of Economic Affairs stating that they are developing a template which they think might be in the “best interest of our country”.
2018-6-30 01:03 | |
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The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst.
2018-6-29 02:00 | |
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Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months.
2018-6-27 07:25 | |
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As regulatory uncertainty in the Indian cryptosphere continues, exchanges and crypto-related businesses in the country are putting measures in place to cushion the effect the Reserve Bank of India’s ban may have on their businesses.
2018-6-26 14:42 | |
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The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears.
2018-6-25 13:00 | |
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Regulation As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading.
2018-6-24 04:23 | |
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As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading.
2018-6-24 02:35 | |
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The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies.
2018-6-16 22:00 | |
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A Ripple executive said that the regulatory environment could possibly calm down in India and the RBI could possibly overturn the ban on cryptocurrencies.
2018-6-15 17:43 | |
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Ripple’s global head of infrastructure innovation expects India’s central bank to rescind its crypto ban, based on its inquiry into own digital currency
2018-6-15 17:07 | |
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The Central Bank of India – RBI has responded to an RTI query about why the decision to block banks from dealing in cryptocurrency was taken earlier this year – but the answer had no explanation whatsoever.
2018-6-14 14:08 | |
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]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |
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The Reserve Bank of India (RBI) is planning to allow cryptocurrency trading with some level of restrictions. After a rather long wait for the cryptocurrency market in India, the financial regulator and institution; The RBI has announced, according to reports from Congencis, that the government is against the ban of cryptocurrencies in the country.
2018-6-13 17:39 | |
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The Reserve Bank of India (RBI) hit the headlines a few months ago through their sudden decision to cut out cryptocurrency activities within their personal and corporate customers. To keep a long story short, they decided to state that they would not provide banking or financial services to anyone who engaged within cryptocurrencies.
2018-6-13 15:30 | |
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Shri Varun Sethi, who presents himself as a “blockchain lawyer,” requested clarifications from RBI under the country’s Right to Information Act. According to the answers provided, the decision didn’t result from any kind of special research or deliberation by the regulator.
2018-6-13 00:03 | |
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RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer.
2018-6-13 20:58 | |
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